Host Hotels & Resorts (NASDAQ:HST) Stock Price Target Raised at Wells Fargo & Company

Host Hotels & Resorts (NASDAQ:HST) had its price objective upped by research analysts at Wells Fargo & Company from $26.00 to $27.00 in a research note issued to investors on Monday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 7.24% from the company’s current price.

A number of other research firms have also recently issued reports on HST. Truist Financial boosted their target price on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Barclays raised their price target on Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 13th. Cantor Fitzgerald lifted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Evercore set a $26.00 price objective on Host Hotels & Resorts in a report on Monday. Finally, Morgan Stanley boosted their price objective on Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $25.14.

Host Hotels & Resorts Trading Up 1.8%

HST traded up $0.46 during mid-day trading on Monday, hitting $25.18. The stock had a trading volume of 754,696 shares, compared to its average volume of 8,863,910. The stock’s fifty day simple moving average is $22.71 and its 200-day simple moving average is $22.91. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a market capitalization of $17.25 billion, a price-to-earnings ratio of 16.82, a price-to-earnings-growth ratio of 2.77 and a beta of 1.09. Host Hotels & Resorts has a 1-year low of $15.61 and a 1-year high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The business had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, research analysts forecast that Host Hotels & Resorts will post 2.19 EPS for the current fiscal year.

Insider Transactions at Host Hotels & Resorts

In other news, EVP Nathan Tyrrell sold 63,882 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in HST. SJS Investment Consulting Inc. boosted its position in Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares in the last quarter. Cedar Mountain Advisors LLC bought a new stake in shares of Host Hotels & Resorts during the first quarter worth $35,000. Root Financial Partners LLC acquired a new position in shares of Host Hotels & Resorts during the third quarter worth $50,000. North Star Investment Management Corp. acquired a new position in shares of Host Hotels & Resorts during the first quarter worth $61,000. Finally, Parkside Financial Bank & Trust increased its holdings in shares of Host Hotels & Resorts by 14.6% during the second quarter. Parkside Financial Bank & Trust now owns 4,931 shares of the company’s stock worth $117,000 after buying an additional 629 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.