Boenning Scattergood reissued their buy rating on shares of Host Hotels & Resorts, Inc. (NYSE:HST) in a research note published on Friday morning. The firm currently has a $20.00 target price on the real estate investment trust’s stock. Boenning Scattergood also issued estimates for Host Hotels & Resorts’ Q4 2017 earnings at $0.39 EPS and Q3 2018 earnings at $0.38 EPS.
Other equities analysts have also issued research reports about the company. Robert W. Baird restated a buy rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research note on Thursday, October 12th. BidaskClub lowered Host Hotels & Resorts from a buy rating to a hold rating in a research note on Tuesday, July 11th. Stifel Nicolaus restated a buy rating and issued a $19.00 target price on shares of Host Hotels & Resorts in a research note on Tuesday, October 17th. Zacks Investment Research lowered Host Hotels & Resorts from a hold rating to a sell rating in a research note on Tuesday. Finally, Barclays PLC restated a hold rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have issued a buy rating to the company’s stock. Host Hotels & Resorts has a consensus rating of Hold and an average price target of $19.13.
Shares of Host Hotels & Resorts (NYSE HST) traded up $0.17 on Friday, hitting $19.63. The stock had a trading volume of 5,000,000 shares, compared to its average volume of 6,700,000. Host Hotels & Resorts has a 12-month low of $14.69 and a 12-month high of $20.21. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.47 and a current ratio of 3.62. The stock has a market cap of $14,530.00, a price-to-earnings ratio of 11.65, a PEG ratio of 2.34 and a beta of 1.29.
Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. Host Hotels & Resorts had a return on equity of 8.44% and a net margin of 11.11%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 EPS. research analysts forecast that Host Hotels & Resorts will post 1.66 earnings per share for the current fiscal year.
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The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date was Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 98.77%.
Several large investors have recently bought and sold shares of the company. Mckinley Capital Management LLC Delaware acquired a new stake in Host Hotels & Resorts in the 2nd quarter worth about $100,000. Penserra Capital Management LLC acquired a new stake in Host Hotels & Resorts in the 3rd quarter worth about $177,000. Cambridge Investment Research Advisors Inc. acquired a new stake in Host Hotels & Resorts in the 2nd quarter worth about $190,000. Newman Dignan & Sheerar Inc. purchased a new position in Host Hotels & Resorts in the 3rd quarter worth approximately $194,000. Finally, Quantitative Systematic Strategies LLC purchased a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $196,000.
About Host Hotels & Resorts
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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