Host Hotels & Resorts (NASDAQ:HST) Rating Lowered to Neutral at Compass Point

Host Hotels & Resorts (NASDAQ:HST) was downgraded by Compass Point from a “buy” rating to a “neutral” rating in a report released on Monday,Briefing.com Automated Import reports. They currently have a $18.00 price target on the stock, down from their prior price target of $20.00. Compass Point’s target price indicates a potential upside of 10.23% from the company’s previous close.

A number of other research analysts have also recently issued reports on HST. Stifel Nicolaus reduced their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. UBS Group reduced their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Raymond James lowered their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company decreased their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $20.21.

Host Hotels & Resorts Stock Up 3.4 %

Shares of HST opened at $16.33 on Monday. Host Hotels & Resorts has a 1 year low of $15.65 and a 1 year high of $21.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The stock has a 50 day simple moving average of $16.76 and a two-hundred day simple moving average of $17.47. The firm has a market cap of $11.42 billion, a P/E ratio of 16.49 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.29. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. On average, analysts forecast that Host Hotels & Resorts will post 1.88 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Host Hotels & Resorts

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Siemens Fonds Invest GmbH purchased a new stake in Host Hotels & Resorts in the fourth quarter worth $198,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at $26,068,000. Employees Retirement System of Texas grew its position in shares of Host Hotels & Resorts by 29.3% in the 4th quarter. Employees Retirement System of Texas now owns 618,000 shares of the company’s stock worth $10,827,000 after buying an additional 140,000 shares during the period. Ascent Group LLC grew its position in shares of Host Hotels & Resorts by 4.4% in the 4th quarter. Ascent Group LLC now owns 16,549 shares of the company’s stock worth $290,000 after buying an additional 703 shares during the period. Finally, Toronto Dominion Bank lifted its position in Host Hotels & Resorts by 5.9% during the 4th quarter. Toronto Dominion Bank now owns 374,284 shares of the company’s stock valued at $6,557,000 after acquiring an additional 20,691 shares during the period. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.