Host Hotels and Resorts Inc (NYSE:HST) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Host Hotels and Resorts Inc (NYSE:HST) have received a consensus rating of “Hold” from the twelve analysts that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $19.57.

A number of analysts recently weighed in on the stock. ValuEngine upgraded shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. cut their price target on shares of Host Hotels and Resorts from $17.00 to $15.00 and set an “underweight” rating on the stock in a research report on Friday, September 6th. BMO Capital Markets started coverage on shares of Host Hotels and Resorts in a report on Wednesday, October 16th. They set an “outperform” rating and a $19.00 target price on the stock. BTIG Research downgraded shares of Host Hotels and Resorts from a “buy” rating to a “neutral” rating in a report on Thursday, August 15th. Finally, 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 report on Thursday, October 24th.

A number of hedge funds have recently made changes to their positions in HST. Nuveen Asset Management LLC raised its holdings in Host Hotels and Resorts by 175.2% during the 2nd quarter. Nuveen Asset Management LLC now owns 11,697,899 shares of the real estate investment trust’s stock worth $213,137,000 after buying an additional 7,446,548 shares during the period. Cohen & Steers Inc. raised its holdings in Host Hotels and Resorts by 187.4% during the 2nd quarter. Cohen & Steers Inc. now owns 7,991,480 shares of the real estate investment trust’s stock worth $145,605,000 after buying an additional 5,210,573 shares during the period. JPMorgan Chase & Co. raised its holdings in Host Hotels and Resorts by 60.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,245,777 shares of the real estate investment trust’s stock worth $184,526,000 after buying an additional 3,850,979 shares during the period. Schroder Investment Management Group raised its holdings in Host Hotels and Resorts by 1,546.8% during the 2nd quarter. Schroder Investment Management Group now owns 3,230,106 shares of the real estate investment trust’s stock worth $58,852,000 after buying an additional 3,033,957 shares during the period. Finally, Man Group plc raised its holdings in Host Hotels and Resorts by 266.5% during the 2nd quarter. Man Group plc now owns 3,854,258 shares of the real estate investment trust’s stock worth $70,224,000 after buying an additional 2,802,486 shares during the period. Hedge funds and other institutional investors own 97.94% of the company’s stock.

Shares of NYSE:HST opened at $17.86 on Friday. The company has a market capitalization of $12.87 billion, a price-to-earnings ratio of 10.09, a P/E/G ratio of 2.05 and a beta of 1.13. The firm’s 50 day simple moving average is $17.19 and its 200 day simple moving average is $17.29. The company has a debt-to-equity ratio of 0.59, a current ratio of 7.70 and a quick ratio of 7.70. Host Hotels and Resorts has a fifty-two week low of $15.51 and a fifty-two week high of $20.34.

Host Hotels and Resorts Company Profile

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.

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

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