Host Hotels & Resorts (HST) Getting Somewhat Positive News Coverage, Study Finds

Headlines about Host Hotels & Resorts (NYSE:HST) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Host Hotels & Resorts earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the real estate investment trust an impact score of 45.8965116947322 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the media headlines that may have effected Accern’s rankings:

Shares of Host Hotels & Resorts traded up $0.10, hitting $20.31, during midday trading on Thursday, Marketbeat reports. The company had a trading volume of 5,413,679 shares, compared to its average volume of 6,802,865. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $15.08 billion, a P/E ratio of 12.02, a PEG ratio of 2.38 and a beta of 1.25. Host Hotels & Resorts has a 52-week low of $20.08 and a 52-week high of $20.44.

Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Wednesday, May 2nd. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.06). The company had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Host Hotels & Resorts had a return on equity of 9.29% and a net margin of 12.24%. The business’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 EPS. equities analysts expect that Host Hotels & Resorts will post 1.71 EPS for the current year.

A number of research firms have weighed in on HST. Zacks Investment Research upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Thursday. Evercore ISI upgraded Host Hotels & Resorts from an “in-line” rating to an “outperform” rating and upped their target price for the stock from $22.00 to $23.00 in a report on Thursday. ValuEngine downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Boenning Scattergood set a $21.00 target price on Host Hotels & Resorts and gave the stock a “buy” rating in a report on Friday, May 4th. Finally, Stifel Nicolaus upped their target price on Host Hotels & Resorts from $20.50 to $21.00 and gave the stock a “buy” rating in a report on Thursday, May 3rd. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Host Hotels & Resorts currently has an average rating of “Buy” and a consensus price target of $21.58.

In related news, EVP Elizabeth A. Abdoo sold 33,220 shares of the company’s stock in a transaction that occurred on Thursday, May 10th. The stock was sold at an average price of $20.75, for a total value of $689,315.00. Following the transaction, the executive vice president now directly owns 247,729 shares of the company’s stock, valued at approximately $5,140,376.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brian G. Macnamara sold 16,101 shares of the company’s stock in a transaction that occurred on Tuesday, May 8th. The shares were sold at an average price of $20.05, for a total value of $322,825.05. Following the completion of the transaction, the senior vice president now directly owns 69,607 shares in the company, valued at $1,395,620.35. The disclosure for this sale can be found here. Insiders sold a total of 51,575 shares of company stock worth $1,059,023 over the last ninety days. 1.40% of the stock is currently owned by insiders.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 and Fortune 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 87 properties in the United States and six properties internationally totaling approximately 52,000 rooms.

Insider Buying and Selling by Quarter for Host Hotels & Resorts (NYSE:HST)

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