Host Hotels & Resorts VP Joanne Hamilton Unloads 9,021 Shares (HST)
Host Hotels & Resorts (NYSE:HST) VP Joanne Hamilton unloaded 9,021 shares of the stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $18.24, for a total transaction of $164,543.04. Following the sale, the vice president now directly owns 30,487 shares in the company. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on HST shares. Analysts at Cowen and Company cut their price target on shares of Host Hotels & Resorts (NYSE:HST) from $25.00 to $22.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Host Hotels & Resorts (NYSE:HST) in a research note to investors on Friday, September 6th. They now have a $18.00 price target on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of Host Hotels & Resorts (NYSE:HST) from $17.00 to $18.00 in a research note to investors on Thursday, August 22nd.
Eight equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Host Hotels & Resorts currently has a consensus rating of “Buy” and a consensus price target of $19.45.
Shares of Host Hotels & Resorts (NYSE:HST) traded up 0.33% on Monday, hitting $18.12. The stock had a trading volume of 4,928,286 shares. Host Hotels & Resorts has a one year low of $13.58 and a one year high of $18.87. The stock’s 50-day moving average is $17.5 and its 200-day moving average is $17.55. The company has a market cap of $13.591 billion and a price-to-earnings ratio of 86.41.
Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Friday, August 2nd. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter last year, the company posted $0.34 earnings per share. Host Hotels & Resorts’s revenue was up 7.1% compared to the same quarter last year. Analysts expect that Host Hotels & Resorts will post $1.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.65%.
Host Hotels & Resorts, Inc (NYSE:HST), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT.
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