Stifel Nicolaus Lowers Host Hotels & Resorts (NASDAQ:HST) Price Target to $20.50

Host Hotels & Resorts (NASDAQ:HST) had its target price lowered by Stifel Nicolaus from $21.00 to $20.50 in a report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 14.53% from the company’s previous close.

A number of other analysts also recently commented on the company. Oppenheimer dropped their price objective on Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating on the stock in a research note on Monday, August 12th. Truist Financial dropped their target price on Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday, September 4th. Robert W. Baird reduced their price objective on 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 downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s 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 Up 0.1 %

NASDAQ:HST traded up $0.01 on Friday, hitting $17.90. The stock had a trading volume of 416,515 shares, compared to its average volume of 6,778,058. 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 cap of $12.51 billion, a PE ratio of 17.48, a P/E/G ratio of 1.57 and a beta of 1.32. The business’s fifty day moving average is $17.77 and its 200 day moving average is $17.68. 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 posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. On average, equities research analysts expect that Host Hotels & Resorts will post 1.94 EPS for the current fiscal year.

Hedge Funds Weigh In On Host Hotels & Resorts

Hedge funds have recently made changes to their positions in the business. BROOKFIELD Corp ON bought a new position in shares of Host Hotels & Resorts in the first quarter worth approximately $25,000. Blue Trust Inc. boosted its position in shares of Host Hotels & Resorts by 212.7% during the 2nd 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 worth about $30,000. Farther Finance Advisors LLC raised its holdings in Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after buying an additional 867 shares during the period. Finally, 1620 Investment Advisors Inc. purchased a new stake in Host Hotels & Resorts during the second quarter worth approximately $51,000. 98.52% of the stock is owned by institutional investors.

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.