Shares of Host Hotels & Resorts, Inc. (NYSE:HST) have received a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $18.19.

HST has been the topic of a number of recent research reports. BidaskClub upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research note 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 target price on the stock in a report on Tuesday, July 4th. Barclays PLC reiterated a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Boenning Scattergood reiterated a “hold” rating on shares of Host Hotels & Resorts in a research note 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 note on Friday, September 8th.

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Shares of Host Hotels & Resorts (HST) opened at 18.24 on Wednesday. The stock has a 50 day moving average of $18.08 and a 200-day moving average of $18.27. The company has a market capitalization of $13.50 billion, a PE ratio of 22.57 and a beta of 1.33. Host Hotels & Resorts has a 12-month low of $14.69 and a 12-month high of $20.21.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. Host Hotels & Resorts’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.49 EPS. Analysts predict that Host Hotels & Resorts will post $0.78 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 4.39%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

Several institutional investors and hedge funds have recently bought and sold shares of HST. Vanguard Group Inc. lifted its holdings in shares of Host Hotels & Resorts by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock valued at $2,395,467,000 after purchasing an additional 842,905 shares during the last quarter. BlackRock Inc. grew its stake in Host Hotels & Resorts by 3.7% during the 2nd quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock worth $1,391,737,000 after buying an additional 2,707,618 shares during the last quarter. State Street Corp increased its position in Host Hotels & Resorts by 2.8% during the first quarter. State Street Corp now owns 45,819,298 shares of the real estate investment trust’s stock worth $854,991,000 after buying an additional 1,259,363 shares during the period. Franklin Resources Inc. increased its position in Host Hotels & Resorts by 0.8% during the second quarter. Franklin Resources Inc. now owns 35,900,705 shares of the real estate investment trust’s stock worth $655,906,000 after buying an additional 280,260 shares during the period. Finally, PGGM Investments increased its position in Host Hotels & Resorts by 2.4% during the second quarter. PGGM Investments now owns 12,701,000 shares of the real estate investment trust’s stock worth $232,047,000 after buying an additional 301,000 shares during the period.

About Host Hotels & Resorts

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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