A number of research firms have changed their ratings and price targets for Host Hotels and Resorts (NYSE: HST):

  • 6/11/2018 – Host Hotels and Resorts was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 6/10/2018 – Host Hotels and Resorts was downgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “sell” rating. They now have a $20.00 price target on the stock.
  • 6/1/2018 – Host Hotels and Resorts had its price target raised by analysts at Barclays PLC from $21.00 to $23.00. They now have an “equal weight” rating on the stock.
  • 5/31/2018 – Host Hotels and Resorts is now covered by analysts at Jefferies Financial Group Inc. They set a “hold” rating and a $22.00 price target on the stock.
  • 5/25/2018 – Host Hotels and Resorts was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $24.00 price target on the stock. According to Zacks, “Shares of Host Hotels & Resorts have outperformed the industry it belongs to, in the past three months. Moreover, the stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share being revised upward in a month’s time. Further, the company’s first-quarter 2018 results reflect margin improvement through better productivity. It also raised outlook for full-year 2018. Gain from its solid portfolio of upscale hotels across potential markets, strategic capital-recycling program and a healthy balance sheet bode well for its long-term growth. Nevertheless, elevated supply in the company’s key markets is expected to reduce its pricing power. Further, geographical concentration of assets in upscale markets exposes it to the economic doldrums prevailing in the region.”
  • 5/22/2018 – Host Hotels and Resorts was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Host Hotels & Resorts have outperformed the industry it belongs to, in the past year. Moreover, the stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share being revised upward in a week’s time. Further, the company’s first-quarter 2018 results reflect margin improvement through better productivity. It also raised outlook for full-year 2018. Gain from its solid portfolio of upscale hotels across potential markets, strategic capital-recycling program and a healthy balance sheet bode well for its long-term growth. Nevertheless, elevated supply in the company’s key markets is expected to reduce its pricing power. Further, geographical concentration of assets in upscale markets exposes it to the economic doldrums prevailing in the region. Also, rate hike adds to its woes.”
  • 5/17/2018 – Host Hotels and Resorts was upgraded by analysts at Evercore ISI from an “in-line” rating to an “outperform” rating. They now have a $23.00 price target on the stock, up previously from $22.00.
  • 5/17/2018 – Host Hotels and Resorts was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock. According to Zacks, “Shares of Host Hotels & Resorts have outperformed the industry it belongs to, in the past six months. Moreover, the stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share being revised upward in a month’s time. Recently, Host Hotels reported first-quarter 2018 results which reflected margin improvement through better productivity. The company also raised its outlook for full-year 2018. It is likely to gain from its solid portfolio of upscale hotels across potential markets. Strategic capital-recycling program and a healthy balance sheet bode well for long-term growth. Further, management expects group business demand to be strong in the rest of the year with solid group booking pace. Nevertheless, supply growth, specifically in the company’s key markets, remains a concern. In addition to this, dilutive impact of asset sales cannot be bypassed. Also, rate hike adds to its woes.”
  • 5/16/2018 – Host Hotels and Resorts was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Host Hotels & Resorts have outperformed the industry it belongs to, in the past six months. The stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share being revised upward in a month’s time. Recently, Host Hotels reported first-quarter 2018 results which reflected margin improvement through better productivity. The company also raised its outlook for full-year 2018. It is likely to gain from its solid portfolio of upscale hotels across potential markets. Strategic capital-recycling program and a healthy balance sheet bode well for long-term growth. Further, management expects group business demand to be strong in the rest of the year with solid group booking pace. Nevertheless, supply growth, specifically in the company’s key markets, remains a concern. In addition to this, dilutive impact of asset sales cannot be bypassed. Also, rate hike adds to its woes.”
  • 5/9/2018 – Host Hotels and Resorts was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 5/8/2018 – Host Hotels and Resorts was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $23.00 price target on the stock. According to Zacks, “Shares of Host Hotels & Resorts have outperformed the industry it belongs to, in the past month. The stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share being revised upward in a week’s time. Notably, recently, Host Hotels reported first-quarter 2018 adjusted FFO of 43 cents per share, which outpaced the Zacks Consensus Estimate of 41 cents. Results reflect margin improvement through better productivity. The company also raised its outlook for full-year 2018. It is likely to gain from its solid portfolio of upscale hotels across potential markets. Strategic capital-recycling program and a healthy balance sheet bode well for long-term growth. Further, management expects group business demand to be strong in the rest of the year with solid group booking pace. Nevertheless, supply growth, specifically in the company’s key markets, remains a concern. Also, rate hike adds to its woes.”
  • 5/4/2018 – Host Hotels and Resorts was given a new $21.00 price target on by analysts at Boenning Scattergood. They now have a “buy” rating on the stock.
  • 5/3/2018 – Host Hotels and Resorts had its price target raised by analysts at Stifel Nicolaus from $20.50 to $21.00. They now have a “buy” rating on the stock.
  • 5/2/2018 – Host Hotels and Resorts was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 4/27/2018 – Host Hotels and Resorts was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Host Hotels have outperformed the industry it belongs to, in the past year. The stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share remain unchanged in a month’s time. The company is likely to gain from its solid portfolio of upscale hotels across lucrative markets. Strategic capital-recycling program and a healthy balance sheet bode well for long-term growth. Notably, concurrent with fourth-quarter 2017 earnings release, the company announced that it has signed an agreement to acquire three Hyatt-managed hotels. On the other hand, the company is monetizing a considerable part of real estate in Washington D.C. and lowering its exposure in New York. Nevertheless, supply growth, specifically in the company’s key markets, remains a concern. In addition to this, dilutive impact of asset sales cannot be bypassed. Also, rate hike adds to its woes.”
  • 4/25/2018 – Host Hotels and Resorts was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock. According to Zacks, “Shares of Host Hotels have outperformed the industry it belongs to, in the past six months. The stock has seen the Zacks Consensus Estimate for current-year funds from operations (FFO) per share remain unchanged in a month’s time. The company is likely to gain from its solid portfolio of upscale hotels across lucrative markets. Strategic capital-recycling program and a healthy balance sheet bode well for long-term growth. The company is making opportunistic acquisitions in key markets while monetizing a considerable part of real estate in Washington D.C. and lowering its exposure in New York. Nevertheless, supply growth in the company’s primary markets and earnings dilution due to aggressive asset dispositions remain concerns for the company.”

Shares of Host Hotels and Resorts traded down $0.21, hitting $21.25, during trading hours on Wednesday, Marketbeat.com reports. The company’s stock had a trading volume of 118,075 shares, compared to its average volume of 6,275,734. Host Hotels and Resorts Inc has a 12 month low of $17.26 and a 12 month high of $22.47. The company has a market capitalization of $15.99 billion, a P/E ratio of 12.57, a price-to-earnings-growth ratio of 2.52 and a beta of 1.28. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.01 and a quick ratio of 2.01.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings results on Wednesday, May 2nd. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.06). The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. Host Hotels and Resorts had a return on equity of 9.29% and a net margin of 12.24%. The firm’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 earnings per share. equities analysts anticipate that Host Hotels and Resorts Inc will post 1.71 EPS for the current fiscal year.

In other Host Hotels and Resorts news, Director Walter C. Rakowich sold 2,254 shares of the firm’s stock in a transaction on Monday, May 14th. The stock was sold at an average price of $20.80, for a total transaction of $46,883.20. Following the transaction, the director now owns 27,459 shares in the company, valued at approximately $571,147.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Nathan S. Tyrrell sold 5,480 shares of the firm’s stock in a transaction on Friday, May 25th. The stock was sold at an average price of $21.59, for a total value of $118,313.20. Following the transaction, the vice president now owns 103,708 shares in the company, valued at approximately $2,239,055.72. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,312 shares of company stock worth $1,304,804. Corporate insiders own 1.40% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. BDO Wealth Advisors LLC boosted its holdings in shares of Host Hotels and Resorts by 8.9% during the 1st quarter. BDO Wealth Advisors LLC now owns 34,233 shares of the real estate investment trust’s stock valued at $638,000 after acquiring an additional 2,808 shares in the last quarter. Westwood Holdings Group Inc. boosted its holdings in Host Hotels and Resorts by 7.6% in the first quarter. Westwood Holdings Group Inc. now owns 44,138 shares of the real estate investment trust’s stock worth $823,000 after purchasing an additional 3,125 shares during the last quarter. Carnegie Capital Asset Management LLC boosted its holdings in Host Hotels and Resorts by 7.1% in the fourth quarter. Carnegie Capital Asset Management LLC now owns 59,530 shares of the real estate investment trust’s stock worth $1,158,000 after purchasing an additional 3,950 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in Host Hotels and Resorts by 3.2% in the first quarter. Granite Investment Partners LLC now owns 128,570 shares of the real estate investment trust’s stock worth $2,397,000 after purchasing an additional 4,000 shares during the last quarter. Finally, Norinchukin Bank The boosted its holdings in Host Hotels and Resorts by 7.4% in the fourth quarter. Norinchukin Bank The now owns 59,170 shares of the real estate investment trust’s stock worth $1,175,000 after purchasing an additional 4,086 shares during the last quarter. Hedge funds and other institutional investors own 98.68% of the company’s stock.

Host Hotels & Resorts, Inc is an S&P 500 and Fortune 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 87 properties in the United States and six properties internationally totaling approximately 52,000 rooms.

Receive News & Ratings for Host Hotels and Resorts Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts Inc and related companies with MarketBeat.com's FREE daily email newsletter.