Host Hotels and Resorts Inc (HST) Given Average Recommendation of “Hold” by Analysts

Shares of Host Hotels and Resorts Inc (NYSE:HST) have earned an average rating of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $20.50.

A number of equities research analysts have commented on HST shares. Deutsche Bank raised shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and lifted their target price for the stock from $18.00 to $21.00 in a research report on Thursday, October 12th. Robert W. Baird reaffirmed a “buy” rating and issued a $20.00 target price on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $19.00 target price on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. SunTrust Banks reaffirmed a “hold” rating on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Finally, Zacks Investment Research downgraded shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research report on Tuesday, October 31st.

In other news, EVP Elizabeth A. Abdoo sold 60,000 shares of Host Hotels and Resorts stock in a transaction on Monday, December 18th. The shares were sold at an average price of $20.45, for a total transaction of $1,227,000.00. Following the transaction, the executive vice president now owns 168,905 shares in the company, valued at approximately $3,454,107.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.70% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Sentry Investment Management LLC boosted its stake in shares of Host Hotels and Resorts by 0.9% during the 2nd quarter. Sentry Investment Management LLC now owns 53,698 shares of the real estate investment trust’s stock worth $981,000 after acquiring an additional 499 shares during the last quarter. Oakbrook Investments LLC boosted its stake in shares of Host Hotels and Resorts by 9.6% during the 4th quarter. Oakbrook Investments LLC now owns 29,145 shares of the real estate investment trust’s stock worth $579,000 after acquiring an additional 2,550 shares during the last quarter. Eqis Capital Management Inc. boosted its stake in shares of Host Hotels and Resorts by 19.7% during the 3rd quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock worth $315,000 after acquiring an additional 2,803 shares during the last quarter. Commonwealth Equity Services Inc lifted its stake in shares of Host Hotels and Resorts by 7.4% during the 3rd quarter. Commonwealth Equity Services Inc now owns 44,260 shares of the real estate investment trust’s stock valued at $818,000 after buying an additional 3,052 shares in the last quarter. Finally, BT Investment Management Ltd lifted its stake in shares of Host Hotels and Resorts by 1.0% during the 3rd quarter. BT Investment Management Ltd now owns 318,552 shares of the real estate investment trust’s stock valued at $5,889,000 after buying an additional 3,300 shares in the last quarter.

Shares of Host Hotels and Resorts (NYSE:HST) opened at $19.35 on Tuesday. The firm has a market cap of $14,890.00, a P/E ratio of 23.89, a P/E/G ratio of 2.45 and a beta of 1.25. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. Host Hotels and Resorts has a 1 year low of $17.26 and a 1 year high of $21.53.

The firm also recently declared a quarterly dividend, which was paid on Monday, January 15th. Stockholders of record on Friday, December 29th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend was Thursday, December 28th. Host Hotels and Resorts’s dividend payout ratio is presently 98.77%.

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Host Hotels and Resorts Company Profile

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 and Resorts (NYSE:HST)

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