Host Hotels and Resorts Inc (NYSE:HST) – Equities research analysts at SunTrust Banks cut their FY2019 earnings per share (EPS) estimates for Host Hotels and Resorts in a research note issued on Monday, November 11th. SunTrust Banks analyst P. Scholes now expects that the real estate investment trust will earn $1.75 per share for the year, down from their previous estimate of $1.76.

A number of other equities analysts also recently commented on HST. BTIG Research downgraded shares of Host Hotels and Resorts from a “buy” rating to a “neutral” rating in a research note on Thursday, August 15th. ValuEngine downgraded shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research note on Friday, November 8th. Deutsche Bank dropped their target price on shares of Host Hotels and Resorts from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. Barclays set a $21.00 target price on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, BMO Capital Markets began coverage on shares of Host Hotels and Resorts in a research note on Wednesday, October 16th. They issued an “outperform” rating and a $19.00 target price on the stock. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $19.85.

NYSE:HST traded down $0.11 during mid-day trading on Wednesday, hitting $16.69. 327,065 shares of the stock traded hands, compared to its average volume of 6,870,414. The stock has a market capitalization of $12.31 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.95 and a beta of 1.11. Host Hotels and Resorts has a 52 week low of $15.51 and a 52 week high of $20.34. The firm’s 50 day moving average is $16.79 and its two-hundred day moving average is $17.57. The company has a quick ratio of 7.70, a current ratio of 7.70 and a debt-to-equity ratio of 0.59.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Manchester Financial Inc. purchased a new stake in Host Hotels and Resorts during the second quarter valued at approximately $27,000. FinTrust Capital Advisors LLC purchased a new stake in Host Hotels and Resorts during the second quarter valued at approximately $34,000. Doyle Wealth Management purchased a new stake in Host Hotels and Resorts during the second quarter valued at approximately $37,000. CSat Investment Advisory L.P. lifted its position in Host Hotels and Resorts by 119.4% during the second quarter. CSat Investment Advisory L.P. now owns 2,297 shares of the real estate investment trust’s stock valued at $42,000 after acquiring an additional 1,250 shares during the last quarter. Finally, First Quadrant L P CA lifted its position in Host Hotels and Resorts by 828.6% during the second quarter. First Quadrant L P CA now owns 2,563 shares of the real estate investment trust’s stock valued at $47,000 after acquiring an additional 2,287 shares during the last quarter. 97.02% of the stock is owned by hedge funds and other institutional investors.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.20 dividend. The ex-dividend date was Friday, September 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.79%. Host Hotels and Resorts’s payout ratio is presently 45.20%.

About Host Hotels and Resorts

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

See Also: Monthly Dividend Stocks

Earnings History and Estimates for Host Hotels and Resorts (NYSE:HST)

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.