Barclays PLC Reiterates Hold Rating for Host Hotels & Resorts, Inc. (HST)

Host Hotels & Resorts, Inc. (NYSE:HST)‘s stock had its “hold” rating restated by Barclays PLC in a research report issued to clients and investors on Friday, July 28th. They presently have a $20.00 target price on the real estate investment trust’s stock. Barclays PLC’s target price indicates a potential upside of 9.71% from the company’s previous close.

A number of other equities research analysts also recently weighed in on HST. BidaskClub downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. JMP Securities reissued a “market perform” rating on shares of Host Hotels & Resorts in a research note on Friday, April 7th. Boenning Scattergood reissued a “hold” rating on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Goldman Sachs Group, Inc. (The) raised shares of Host Hotels & Resorts from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $16.00 to $17.00 in a research note on Monday, April 10th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $18.44.

Shares of Host Hotels & Resorts (NYSE HST) opened at 18.23 on Friday. The firm has a market cap of $13.49 billion, a PE ratio of 22.56 and a beta of 1.33. The firm has a 50-day moving average of $18.32 and a 200 day moving average of $18.30. Host Hotels & Resorts has a 52 week low of $14.69 and a 52 week high of $20.21.

Host Hotels & Resorts (NYSE:HST) last announced its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. Host Hotels & Resorts’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period last year, the firm posted $0.49 earnings per share. Equities research analysts predict that Host Hotels & Resorts will post $0.79 EPS for the current fiscal year.

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In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the sale, the executive vice president now directly owns 43,035 shares in the company, valued at approximately $818,095.35. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.70% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in HST. Kissinger Financial Services LLC increased its stake in Host Hotels & Resorts by 5.9% in the second quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock worth $814,000 after buying an additional 2,490 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in Host Hotels & Resorts by 89.7% in the first quarter. Canada Pension Plan Investment Board now owns 1,161,722 shares of the real estate investment trust’s stock worth $21,678,000 after buying an additional 549,300 shares in the last quarter. Atria Investments LLC increased its stake in Host Hotels & Resorts by 4.4% in the first quarter. Atria Investments LLC now owns 109,511 shares of the real estate investment trust’s stock worth $2,043,000 after buying an additional 4,627 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Host Hotels & Resorts by 508.3% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 120,031 shares of the real estate investment trust’s stock worth $2,193,000 after buying an additional 100,300 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Host Hotels & Resorts by 3.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,923,168 shares of the real estate investment trust’s stock worth $110,527,000 after buying an additional 175,838 shares during the period.

Host Hotels & 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 & Resorts (NYSE:HST)

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