Host Hotels and Resorts (NYSE:HST) was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating in a research note issued on Monday, The Fly reports.

A number of other analysts also recently commented on the company. Robert W. Baird set a $21.00 target price on Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Friday. Wolfe Research assumed coverage on Host Hotels and Resorts in a research note on Wednesday, November 29th. They issued a “market perform” rating on the stock. Zacks Investment Research upgraded Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Cantor Fitzgerald restated a “buy” rating and issued a $21.00 target price on shares of Host Hotels and Resorts in a research note on Monday, November 6th. Finally, Wells Fargo & Company upgraded Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 target price on the stock in a research note on Monday, November 6th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.04.

Shares of Host Hotels and Resorts (HST) opened at $19.51 on Monday. Host Hotels and Resorts has a one year low of $17.26 and a one year high of $20.23. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $14,439.12, a PE ratio of 11.68, a PEG ratio of 2.35 and a beta of 1.28.

Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates of $0.33. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the business earned $0.37 earnings per share. The company’s revenue was down 3.2% compared to the same quarter last year. research analysts expect that Host Hotels and Resorts will post 1.66 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of HST. Mckinley Capital Management LLC Delaware purchased a new position in shares of Host Hotels and Resorts in the second quarter valued at approximately $100,000. Creative Planning lifted its position in shares of Host Hotels and Resorts by 5.5% in the second quarter. Creative Planning now owns 6,651 shares of the real estate investment trust’s stock valued at $108,000 after acquiring an additional 345 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Host Hotels and Resorts in the first quarter valued at approximately $110,000. Penserra Capital Management LLC lifted its position in shares of Host Hotels and Resorts by 60.0% in the third quarter. Penserra Capital Management LLC now owns 7,817 shares of the real estate investment trust’s stock valued at $121,000 after acquiring an additional 2,932 shares in the last quarter. Finally, Muzinich & Co. Inc. purchased a new position in shares of Host Hotels and Resorts in the first quarter valued at approximately $127,000.

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About Host Hotels and 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.

The Fly

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

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