Host Hotels & Resorts Inc. (NYSE:HST) has been given a $18.00 price target by equities research analysts at Cantor Fitzgerald in a research report issued to clients and investors on Thursday. The firm presently has a a “buy” rating on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 9.22% from the stock’s previous close.

Several other analysts have also recently weighed in on HST. Zacks Investment Research cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Monday, October 3rd. Goldman Sachs Group Inc. initiated coverage on shares of Host Hotels & Resorts in a research note on Monday, September 26th. They issued a “neutral” rating and a $15.00 price target for the company. Stifel Nicolaus reissued a “buy” rating and issued a $17.50 price target (down previously from $18.50) on shares of Host Hotels & Resorts in a research note on Friday, October 7th. Nomura cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and dropped their price target for the company from $19.00 to $16.00 in a research note on Tuesday, October 25th. Finally, Argus increased their price target on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, August 24th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the company’s stock. Host Hotels & Resorts presently has a consensus rating of “Hold” and a consensus target price of $17.19.

Analyst Recommendations for Host Hotels & Resorts (NYSE:HST)

Host Hotels & Resorts (NYSE:HST) opened at 16.48 on Thursday. The company has a market cap of $12.19 billion, a P/E ratio of 15.56 and a beta of 1.28. Host Hotels & Resorts has a 52 week low of $12.17 and a 52 week high of $18.56. The company has a 50-day moving average of $15.55 and a 200-day moving average of $16.33.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings data on Wednesday, November 2nd. The company reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.01. The company earned $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 14.72% and a return on equity of 11.22%. Host Hotels & Resorts’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.34 EPS. On average, equities research analysts predict that Host Hotels & Resorts will post $1.65 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, October 17th. Investors of record on Friday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 28th. This represents a $0.80 annualized dividend and a yield of 4.85%. Host Hotels & Resorts’s dividend payout ratio is currently 74.77%.

In related news, CFO Gregory J. Larson sold 40,000 shares of Host Hotels & Resorts stock in a transaction on Tuesday, August 16th. The shares were sold at an average price of $18.22, for a total transaction of $728,800.00. Following the sale, the chief financial officer now directly owns 124,929 shares in the company, valued at approximately $2,276,206.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Large investors have recently made changes to their positions in the company. Creative Planning raised its stake in shares of Host Hotels & Resorts by 5.5% in the second quarter. Creative Planning now owns 6,651 shares of the company’s stock valued at $108,000 after buying an additional 345 shares in the last quarter. Johnson Financial Group Inc. raised its stake in shares of Host Hotels & Resorts by 63.4% in the second quarter. Johnson Financial Group Inc. now owns 6,913 shares of the company’s stock valued at $112,000 after buying an additional 2,683 shares in the last quarter. Penserra Capital Management LLC raised its stake in shares of Host Hotels & Resorts by 60.0% in the third quarter. Penserra Capital Management LLC now owns 7,817 shares of the company’s stock valued at $121,000 after buying an additional 2,932 shares in the last quarter. First Personal Financial Services raised its stake in shares of Host Hotels & Resorts by 17.7% in the second quarter. First Personal Financial Services now owns 9,404 shares of the company’s stock valued at $153,000 after buying an additional 1,411 shares in the last quarter. Finally, Capital Analysts LLC raised its stake in shares of Host Hotels & Resorts by 134.4% in the second quarter. Capital Analysts LLC now owns 9,591 shares of the company’s stock valued at $1,093,000 after buying an additional 5,499 shares in the last quarter.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

5 Day Chart for NYSE:HST

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