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

Host Hotels & Resorts, Inc. (NASDAQ:HST) has earned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $21.27.

A number of research firms have weighed in on HST. JPMorgan Chase & Co. cut shares of Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $20.00 to $18.00 in a research report on Friday, July 19th. Oppenheimer reduced their price target on Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, August 12th. Stifel Nicolaus dropped their price objective on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Evercore ISI cut their target price on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. Finally, Wells Fargo & Company decreased their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, September 13th.

Host Hotels & Resorts Trading Down 0.8 %

Shares of HST opened at $17.63 on Tuesday. The stock’s fifty day simple moving average is $17.46 and its 200 day simple moving average is $17.93. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64. Host Hotels & Resorts has a twelve month low of $14.92 and a twelve month high of $21.31. The firm has a market capitalization of $12.43 billion, a P/E ratio of 17.28, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.54%. The ex-dividend date of this dividend was Monday, September 30th. Host Hotels & Resorts’s dividend payout ratio is 78.43%.

Institutional Investors Weigh In On Host Hotels & Resorts

Institutional investors have recently bought and sold shares of the company. BROOKFIELD Corp ON bought a new stake in Host Hotels & Resorts during the 1st quarter worth about $25,000. Riverview Trust Co acquired a new stake in shares of Host Hotels & Resorts in the first quarter valued at about $27,000. Blue Trust Inc. raised its holdings in Host Hotels & Resorts by 212.7% during the second quarter. Blue Trust Inc. now owns 1,473 shares of the company’s stock worth $26,000 after acquiring an additional 1,002 shares in the last quarter. Global X Japan Co. Ltd. acquired a new position in Host Hotels & Resorts during the second quarter valued at approximately $30,000. Finally, Mather Group LLC. bought a new position in Host Hotels & Resorts in the first quarter valued at approximately $35,000. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

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.