Host Hotels & Resorts Inc. (NYSE:HST)‘s stock had its “equal weight” rating reiterated by Morgan Stanley in a report issued on Tuesday. They currently have a $14.00 target price on the stock, down from their prior target price of $15.00. Morgan Stanley’s target price would indicate a potential downside of 17.55% from the company’s current price.

Several other brokerages have also issued reports on HST. Zacks Investment Research lowered 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. began 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. Nomura lowered shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $19.00 to $16.00 in a research note on Tuesday, October 25th. Stifel Nicolaus reiterated a “buy” rating and issued a $17.50 price target (down from $18.50) on shares of Host Hotels & Resorts in a research note on Friday, October 7th. Finally, Argus increased their price target on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, August 24th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company. Host Hotels & Resorts has an average rating of “Hold” and a consensus target price of $17.07.

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

Host Hotels & Resorts (NYSE:HST) opened at 16.98 on Tuesday. The stock has a market capitalization of $12.56 billion, a PE ratio of 16.03 and a beta of 1.28. Host Hotels & Resorts has a 1-year low of $12.17 and a 1-year high of $18.56. The firm has a 50-day moving average of $15.65 and a 200-day moving average of $16.36.

Host Hotels & Resorts (NYSE:HST) last posted its earnings results on Wednesday, November 2nd. The company reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.36 by $0.01. Host Hotels & Resorts had a net margin of 14.72% and a return on equity of 11.22%. The firm earned $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the company posted $0.34 EPS. The company’s quarterly revenue was up .9% compared to the same quarter last year. Equities analysts expect that Host Hotels & Resorts will post $1.65 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the stock. Creative Planning increased its position 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. increased its position 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 increased its position 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 increased its position 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, Acrospire Investment Management LLC increased its position in shares of Host Hotels & Resorts by 92.0% in the second quarter. Acrospire Investment Management LLC now owns 9,600 shares of the company’s stock valued at $156,000 after buying an additional 4,600 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

Receive News & Stock Ratings for Host Hotels & Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts Inc. and related stocks with our FREE daily email newsletter.