Host Hotels & Resorts, Inc. (NASDAQ:HST) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $19.3214.

Several research firms recently commented on HST. Evercore lowered shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research report on Tuesday, November 11th. Morgan Stanley set a $18.00 price target on Host Hotels & Resorts in a research note on Friday, January 16th. Truist Financial raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Friday, January 9th. Barclays assumed coverage on Host Hotels & Resorts in a report on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Finally, Robert W. Baird set a $20.00 target price on Host Hotels & Resorts in a research report on Monday, January 12th.

Check Out Our Latest Analysis on Host Hotels & Resorts

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 11,954 shares of Host Hotels & Resorts stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.15, for a total value of $216,965.10. Following the sale, the executive vice president directly owned 668,927 shares in the company, valued at approximately $12,141,025.05. The trade was a 1.76% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Host Hotels & Resorts

A number of institutional investors have recently made changes to their positions in HST. Vanguard Group Inc. grew its holdings in shares of Host Hotels & Resorts by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after buying an additional 383,490 shares in the last quarter. Norges Bank purchased a new stake in Host Hotels & Resorts during the 2nd quarter valued at about $554,669,000. Geode Capital Management LLC raised its holdings in Host Hotels & Resorts by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock valued at $398,425,000 after acquiring an additional 636,983 shares during the last quarter. Invesco Ltd. lifted its stake in Host Hotels & Resorts by 9.7% in the 3rd quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock worth $425,866,000 after purchasing an additional 2,217,322 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Host Hotels & Resorts by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock worth $164,879,000 after purchasing an additional 341,915 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Up 1.8%

Shares of HST stock opened at $19.35 on Monday. Host Hotels & Resorts has a twelve month low of $12.22 and a twelve month high of $19.44. The stock has a market cap of $13.31 billion, a P/E ratio of 18.43, a P/E/G ratio of 2.27 and a beta of 1.17. The stock has a 50 day moving average of $18.31 and a 200 day moving average of $17.32. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts Announces Dividend

The business also recently announced an annual dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 85.0%. Host Hotels & Resorts’s payout ratio is currently 76.19%.

About Host Hotels & Resorts

(Get Free Report)

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.

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Analyst Recommendations for Host Hotels & Resorts (NASDAQ:HST)

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