Robert W. Baird set a $21.00 price objective on Host Hotels and Resorts (NYSE:HST) in a research note issued to investors on Friday morning. The brokerage currently has a buy rating on the real estate investment trust’s stock.

Several other research analysts also recently weighed in on the company. Wolfe Research assumed coverage on Host Hotels and Resorts in a research note on Wednesday. They set a market perform rating for the company. Zacks Investment Research raised Host Hotels and Resorts from a sell rating to a hold rating in a research note on Tuesday, November 7th. Cantor Fitzgerald reaffirmed a buy rating and set a $21.00 target price on shares of Host Hotels and Resorts in a research note on Monday, November 6th. Wells Fargo & Company raised Host Hotels and Resorts from a market perform rating to an outperform rating and set a $21.00 target price for the company in a research note on Monday, November 6th. Finally, Stifel Nicolaus reaffirmed a buy rating and set a $20.50 target price on shares of Host Hotels and Resorts in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of $20.04.

Shares of Host Hotels and Resorts (HST) traded down $0.28 during mid-day trading on Friday, hitting $19.51. The stock had a trading volume of 6,374,105 shares, compared to its average volume of 5,658,393. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. The firm has a market cap of $14,646.35, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 2.38 and a beta of 1.28. Host Hotels and Resorts has a twelve month low of $17.26 and a twelve month high of $20.23.

Host Hotels and Resorts (NYSE:HST) last announced its earnings results 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. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.27 billion. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.37 EPS. research analysts forecast that Host Hotels and Resorts will post 1.66 EPS for the current year.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Motco raised its stake in Host Hotels and Resorts by 0.6% in the 2nd quarter. Motco now owns 11,969 shares of the real estate investment trust’s stock valued at $219,000 after purchasing an additional 71 shares during the last quarter. Kemper Corp Master Retirement Trust grew its holdings in Host Hotels and Resorts by 0.3% in the 2nd quarter. Kemper Corp Master Retirement Trust now owns 26,195 shares of the real estate investment trust’s stock valued at $479,000 after buying an additional 75 shares in the last quarter. Bronfman E.L. Rothschild L.P. grew its holdings in Host Hotels and Resorts by 1.6% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 13,770 shares of the real estate investment trust’s stock valued at $252,000 after buying an additional 222 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in Host Hotels and Resorts by 3.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 14,974 shares of the real estate investment trust’s stock valued at $274,000 after buying an additional 443 shares in the last quarter. Finally, Sentry Investment Management LLC grew its holdings in Host Hotels and Resorts by 0.9% in the 2nd quarter. Sentry Investment Management LLC now owns 53,698 shares of the real estate investment trust’s stock valued at $981,000 after buying an additional 499 shares in the last quarter.

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About Host Hotels and 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 and Resorts (NYSE:HST)

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