Host Hotels and Resorts Inc (HST) Receives Average Rating of “Hold” from Brokerages
Shares of Host Hotels and Resorts Inc (NYSE:HST) have received an average rating of “Hold” from the seventeen research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $20.68.
A number of brokerages recently weighed in on HST. Raymond James Financial raised shares of Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 target price on the stock in a research note on Monday, January 8th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $21.00 target price on shares of Host Hotels and Resorts in a research note on Monday, November 6th. Zacks Investment Research raised shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Wells Fargo & Co raised shares of Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 target price on the stock in a research note on Monday, November 6th. Finally, BTIG Research raised shares of Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Monday, December 4th.
In other Host Hotels and Resorts news, EVP Elizabeth A. Abdoo sold 60,000 shares of the stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $20.45, for a total transaction of $1,227,000.00. Following the transaction, the executive vice president now directly owns 168,905 shares in the company, valued at $3,454,107.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is owned by company insiders.
Shares of Host Hotels and Resorts (NYSE:HST) traded up $0.77 on Tuesday, reaching $19.52. 10,623,060 shares of the company were exchanged, compared to its average volume of 5,906,018. The stock has a market capitalization of $14,446.52, a P/E ratio of 24.40, a P/E/G ratio of 2.37 and a beta of 1.26. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.62 and a quick ratio of 3.62. Host Hotels and Resorts has a 1-year low of $17.26 and a 1-year high of $21.53.
The firm also recently declared a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.10%. The ex-dividend date of this dividend was Thursday, December 28th. Host Hotels and Resorts’s payout ratio is currently 100.00%.
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Host Hotels and Resorts Company Profile
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.
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