Robert W. Baird reaffirmed their buy rating on shares of Host Hotels & Resorts, Inc. (NYSE:HST) in a research report report published on Friday morning. Robert W. Baird currently has a $20.00 price target on the real estate investment trust’s stock.

A number of other analysts have also recently commented on the company. Boenning Scattergood raised Host Hotels & Resorts from a neutral rating to an outperform rating and set a $20.00 price target for the company in a research note on Thursday, August 24th. BidaskClub cut Host Hotels & Resorts from a buy rating to a hold rating in a research note on Friday, August 11th. Zacks Investment Research cut Host Hotels & Resorts from a buy rating to a hold rating in a research note on Monday, July 31st. Barclays PLC reaffirmed a hold rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a hold rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $18.33.

Host Hotels & Resorts (NYSE:HST) opened at 18.21 on Friday. Host Hotels & Resorts has a one year low of $14.69 and a one year high of $20.21. The firm has a market capitalization of $13.48 billion, a PE ratio of 22.54 and a beta of 1.33. The firm has a 50 day moving average of $18.07 and a 200 day moving average of $18.24.

Host Hotels & Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The company’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.49 EPS. Equities analysts forecast that Host Hotels & Resorts will post $0.79 EPS for the current year.

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In related news, EVP Joanne G. Hamilton sold 3,069 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total value of $58,341.69. Following the completion of the transaction, the executive vice president now directly owns 43,035 shares in the company, valued at approximately $818,095.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.70% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbour Capital Advisors LLC grew its position in shares of Host Hotels & Resorts by 1,727.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock valued at $204,000 after purchasing an additional 3,523 shares during the period. Mckinley Capital Management LLC Delaware acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $100,000. Muzinich & Co. Inc. acquired a new position in shares of Host Hotels & Resorts in the 1st quarter valued at approximately $127,000. Global X Management Co. LLC grew its position in shares of Host Hotels & Resorts by 34.7% in the 1st quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 2,556 shares during the period. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $190,000.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

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

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