Host Hotels and Resorts Target of Unusually Large Options Trading (HST)

Host Hotels and Resorts Inc (NYSE:HST) was the target of some unusual options trading activity on Wednesday. Traders purchased 22,237 call options on the company. This represents an increase of 1,261% compared to the average volume of 1,634 call options.

Several analysts have issued reports on the stock. Raymond James Financial upgraded shares of Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 price target on the stock in a research report on Monday, January 8th. SunTrust Banks restated a “hold” rating on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Robert W. Baird restated a “buy” rating and issued a $20.00 price target on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Stifel Nicolaus restated a “buy” rating and issued a $20.50 price target on shares of Host Hotels and Resorts in a research report on Friday, November 3rd. Finally, Boenning Scattergood restated a “buy” rating and issued a $20.00 price target on shares of Host Hotels and Resorts in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $20.46.

In related news, EVP Elizabeth A. Abdoo sold 60,000 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $20.45, for a total value of $1,227,000.00. Following the transaction, the executive vice president now directly owns 168,905 shares in the company, valued at approximately $3,454,107.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.70% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. Mckinley Capital Management LLC Delaware bought a new position in Host Hotels and Resorts during the 2nd quarter valued at about $100,000. Amica Retiree Medical Trust bought a new position in Host Hotels and Resorts during the 3rd quarter valued at about $154,000. Penserra Capital Management LLC bought a new position in Host Hotels and Resorts during the 3rd quarter valued at about $177,000. Cambridge Investment Research Advisors Inc. bought a new position in Host Hotels and Resorts during the 2nd quarter valued at about $190,000. Finally, Newman Dignan & Sheerar Inc. bought a new position in Host Hotels and Resorts during the 3rd quarter valued at about $194,000.

Host Hotels and Resorts (NYSE:HST) opened at $20.36 on Friday. The company has a market cap of $15,120.00, a PE ratio of 25.14, a PEG ratio of 2.42 and a beta of 1.29. Host Hotels and Resorts has a 1-year low of $17.26 and a 1-year high of $20.82. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date of this dividend is Thursday, December 28th. Host Hotels and Resorts’s payout ratio is 98.77%.

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About Host Hotels and 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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