Host Hotels & Resorts Target of Unusually Large Options Trading (HST)
Shares of Host Hotels & Resorts (NYSE:HST) was the target of unusually large options trading activity on Tuesday. Traders bought 17,714 call options on the stock, AnalystRatings.Net reports. This represents an increase of 940% compared to the typical volume of 1,704 call options.
A number of research firms have recently commented on HST. Analysts at RBC Capital downgraded shares of Host Hotels & Resorts from a “top pick” rating to an “outperform” rating in a research note to investors on Monday, January 6th. They now have a $21.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Nomura upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 16th. They now have a $22.00 price target on the stock, up previously from $21.00. Finally, analysts at TheStreet downgraded shares of Host Hotels & Resorts to a “hold” rating in a research note to investors on Monday, December 9th. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $20.06.
Shares of Host Hotels & Resorts (NYSE:HST) opened at 19.48 on Wednesday. Host Hotels & Resorts has a 52 week low of $15.60 and a 52 week high of $19.71. The stock has a 50-day moving average of $18.90 and a 200-day moving average of $18.23. The company has a market cap of $14.732 billion and a price-to-earnings ratio of 71.14.
Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.02. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 5.6% on a year-over-year basis. Analysts expect that Host Hotels & Resorts will post $1.29 EPS for the current fiscal year.
Host Hotels & Resorts, Inc (NYSE:HST), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT.
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