Host Hotels & Resorts (NASDAQ:HST – Get Free Report) had its price target increased by equities researchers at JPMorgan Chase & Co. from $18.00 to $20.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 5.40% from the stock’s current price.
A number of other analysts also recently weighed in on HST. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Robert W. Baird set a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Monday, January 12th. Evercore ISI cut shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price objective on the stock. in a report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Finally, Cantor Fitzgerald started coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $19.32.
Read Our Latest Stock Report on Host Hotels & Resorts
Host Hotels & Resorts Trading Up 1.6%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The firm’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Equities analysts anticipate that Host Hotels & Resorts will post 1.88 earnings per share for the current fiscal year.
Insider Activity
In related news, EVP Nathan S. Tyrrell sold 11,954 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the sale, the executive vice president directly owned 668,927 shares of the company’s stock, valued at $12,141,025.05. This trade represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.40% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Host Hotels & Resorts
Hedge funds have recently bought and sold shares of the business. Clearstead Advisors LLC boosted its holdings in shares of Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after acquiring an additional 786 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in Host Hotels & Resorts during the second quarter valued at approximately $29,000. Hantz Financial Services Inc. lifted its position in Host Hotels & Resorts by 234.1% during the third quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after purchasing an additional 1,339 shares during the period. Compagnie Lombard Odier SCmA purchased a new stake in Host Hotels & Resorts in the third quarter worth approximately $34,000. Finally, MUFG Securities EMEA plc bought a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.
About Host Hotels & Resorts
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
Featured Stories
- Five stocks we like better than Host Hotels & Resorts
- Wall Street Alert: Buy AES
- A month before the crash
- Trump Did WHAT??
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- How AI-enabled Sensors are Solving the Technology Gap Inside America’s Airports
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
