Stifel Nicolaus Reaffirms Buy Rating for Host Hotels & Resorts, Inc. (NYSE:HST)

Stifel Nicolaus reissued their buy rating on shares of Host Hotels & Resorts, Inc. (NYSE:HST) in a research report report published on Tuesday, October 17th. The firm currently has a $19.00 price objective on the real estate investment trust’s stock.

A number of other equities analysts also recently commented on HST. BidaskClub raised shares of Host Hotels & Resorts from a hold rating to a buy rating in a report on Wednesday, June 21st. Zacks Investment Research raised shares of Host Hotels & Resorts from a hold rating to a buy rating and set a $20.00 price objective for the company in a report on Tuesday, July 4th. Boenning Scattergood reiterated a hold rating on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Barclays PLC reiterated a hold rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Robert W. Baird reiterated a buy rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, September 8th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average target price of $19.00.



Host Hotels & Resorts (HST) opened at 19.40 on Tuesday. The firm has a market cap of $14.36 billion, a PE ratio of 24.01 and a beta of 1.33. The stock has a 50 day moving average of $18.67 and a 200 day moving average of $18.36. Host Hotels & Resorts has a one year low of $14.69 and a one year high of $20.21.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. The firm had revenue of $1.44 billion during 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%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.49 earnings per share. On average, equities analysts forecast that Host Hotels & Resorts will post $0.79 earnings per share for the current year.

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The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.20 per share. The ex-dividend date was Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 4.12%. Host Hotels & Resorts’s payout ratio is presently 100.00%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Harbour Capital Advisors LLC raised its holdings in Host Hotels & Resorts by 1,727.0% during the 2nd quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock worth $204,000 after buying an additional 3,523 shares during the period. Mckinley Capital Management LLC Delaware acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at about $100,000. Penserra Capital Management LLC acquired a new position in shares of Host Hotels & Resorts in the 3rd quarter valued at about $177,000. Global X Management Co. LLC increased its holdings in shares of Host Hotels & Resorts by 34.7% in the 1st quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 2,556 shares during the period. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at about $190,000.

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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