Host Hotels & Resorts, Inc. (NYSE:HST)‘s stock had its “buy” rating reissued by equities researchers at Boenning Scattergood in a research note issued to investors on Friday. They presently have a $20.00 price objective on the real estate investment trust’s stock. Boenning Scattergood’s target price points to a potential upside of 1.88% from the stock’s current price. Boenning Scattergood also issued estimates for Host Hotels & Resorts’ Q4 2017 earnings at $0.39 EPS and Q3 2018 earnings at $0.38 EPS.

Several other research analysts have also issued reports on HST. BidaskClub lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Barclays PLC restated a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Robert W. Baird restated a “buy” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Finally, Deutsche Bank AG upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and boosted their target price for the company from $18.00 to $21.00 in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the stock. Host Hotels & Resorts currently has an average rating of “Hold” and an average target price of $19.13.

Shares of Host Hotels & Resorts (NYSE HST) opened at $19.63 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.47 and a current ratio of 3.62. Host Hotels & Resorts has a 52 week low of $14.69 and a 52 week high of $20.21. The firm has a market capitalization of $14,527.93, a P/E ratio of 11.75, a price-to-earnings-growth ratio of 2.36 and a beta of 1.29.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Host Hotels & Resorts had a return on equity of 8.44% and a net margin of 11.11%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm posted $0.37 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. equities analysts predict that Host Hotels & Resorts will post 1.66 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently made changes to their positions in HST. Mckinley Capital Management LLC Delaware purchased a new stake in Host Hotels & Resorts during the second quarter worth $100,000. Penserra Capital Management LLC purchased a new stake in Host Hotels & Resorts during the third quarter worth $177,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Host Hotels & Resorts during the second quarter worth $190,000. Newman Dignan & Sheerar Inc. purchased a new stake in Host Hotels & Resorts during the third quarter worth $194,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in Host Hotels & Resorts during the second quarter worth $196,000.

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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