Stifel Nicolaus Has Lowered Expectations for Host Hotels & Resorts (NASDAQ:HST) Stock Price

Host Hotels & Resorts (NASDAQ:HST) had its price target decreased by Stifel Nicolaus from $21.00 to $20.50 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 12.33% from the company’s previous close.

Several other research analysts also recently weighed in on HST. Evercore ISI dropped their target price on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating on the stock in a research note on Tuesday, August 13th. Robert W. Baird dropped their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, August 5th. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price target for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Finally, UBS Group cut their price target on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.18.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ:HST opened at $18.25 on Friday. The firm has a 50 day moving average of $17.79 and a 200 day moving average of $17.67. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32. Host Hotels & Resorts has a 52 week low of $15.71 and a 52 week high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the firm posted $0.41 earnings per share. The business’s revenue for the quarter was up 8.6% compared to the same quarter last year. On average, sell-side analysts predict that Host Hotels & Resorts will post 1.94 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Host Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the business. Assenagon Asset Management S.A. grew its holdings in Host Hotels & Resorts by 3.0% in the second quarter. Assenagon Asset Management S.A. now owns 19,858 shares of the company’s stock valued at $357,000 after purchasing an additional 584 shares during the period. Freedom Investment Management Inc. grew its position in shares of Host Hotels & Resorts by 3.0% in the third quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock valued at $380,000 after purchasing an additional 625 shares during the period. D Orazio & Associates Inc. increased its stake in shares of Host Hotels & Resorts by 6.3% during the second quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company’s stock worth $197,000 after purchasing an additional 648 shares in the last quarter. Verdence Capital Advisors LLC raised its position in shares of Host Hotels & Resorts by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company’s stock worth $296,000 after purchasing an additional 784 shares during the last quarter. Finally, Quadrature Capital Ltd lifted its stake in Host Hotels & Resorts by 3.0% in the 1st quarter. Quadrature Capital Ltd now owns 27,490 shares of the company’s stock valued at $568,000 after buying an additional 790 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.