Robert W. Baird Analysts Give Host Hotels and Resorts (HST) a $21.00 Price Target

Robert W. Baird set a $21.00 price target on Host Hotels and Resorts (NYSE:HST) in a research note released on Friday. The firm currently has a buy rating on the real estate investment trust’s stock.

HST has been the subject of several other research reports. Deutsche Bank raised Host Hotels and Resorts from a hold rating to a buy rating and lifted their price objective for the company from $18.00 to $21.00 in a research note on Thursday, October 12th. Boenning Scattergood raised Host Hotels and Resorts from a neutral rating to an outperform rating and set a $20.00 price objective for the company in a research note on Thursday, August 24th. SunTrust Banks reissued a hold rating on shares of Host Hotels and Resorts in a research note on Tuesday, October 17th. Zacks Investment Research raised Host Hotels and Resorts from a sell rating to a hold rating in a research note on Tuesday, November 7th. Finally, Stifel Nicolaus reissued a buy rating and set a $20.50 price objective on shares of Host Hotels and Resorts in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the stock. Host Hotels and Resorts currently has an average rating of Hold and a consensus target price of $20.19.

Shares of Host Hotels and Resorts (NYSE HST) traded down $0.28 during midday trading on Friday, hitting $19.51. The stock had a trading volume of 6,374,100 shares, compared to its average volume of 7,274,633. The stock has a market capitalization of $14,439.12, a PE ratio of 11.68, a PEG ratio of 2.35 and a beta of 1.28. Host Hotels and Resorts has a one year low of $17.26 and a one year high of $20.23. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.62 and a current ratio of 3.62.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.33. The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 earnings per share. analysts predict that Host Hotels and Resorts will post 1.66 EPS for the current fiscal year.

Hedge funds have recently modified their holdings of the business. Harbour Capital Advisors LLC lifted its stake in Host Hotels and Resorts by 1,727.0% during the second quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 3,523 shares during the last quarter. Mckinley Capital Management LLC Delaware bought a new stake in Host Hotels and Resorts during the second quarter worth about $100,000. Amica Retiree Medical Trust bought a new stake in Host Hotels and Resorts during the third quarter worth about $154,000. Penserra Capital Management LLC bought a new stake in Host Hotels and Resorts during the third quarter worth about $177,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in Host Hotels and Resorts during the second quarter worth about $190,000.

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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.

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