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.

Several institutional investors have recently modified their holdings of the company. Sentry Investment Management LLC grew its holdings in shares of Host Hotels and Resorts by 0.9% in the second quarter. Sentry Investment Management LLC now owns 53,698 shares of the real estate investment trust’s stock worth $981,000 after purchasing an additional 499 shares during the last quarter. Oakbrook Investments LLC grew its holdings in shares of Host Hotels and Resorts by 9.6% in the fourth quarter. Oakbrook Investments LLC now owns 29,145 shares of the real estate investment trust’s stock worth $579,000 after purchasing an additional 2,550 shares during the last quarter. Eqis Capital Management Inc. grew its holdings in shares of Host Hotels and Resorts by 19.7% in the third quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 2,803 shares during the last quarter. Commonwealth Equity Services Inc grew its holdings in shares of Host Hotels and Resorts by 7.4% in the third quarter. Commonwealth Equity Services Inc now owns 44,260 shares of the real estate investment trust’s stock worth $818,000 after purchasing an additional 3,052 shares during the last quarter. Finally, BT Investment Management Ltd grew its holdings in shares of Host Hotels and Resorts by 1.0% in the third quarter. BT Investment Management Ltd now owns 318,552 shares of the real estate investment trust’s stock worth $5,889,000 after purchasing an additional 3,300 shares during the last quarter.

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.

Analyst Recommendations for Host Hotels and Resorts (NYSE:HST)

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