Host Hotels & Resorts (NASDAQ:HST) Price Target Lowered to $18.00 at UBS Group

Host Hotels & Resorts (NASDAQ:HST) had its price objective decreased by research analysts at UBS Group from $19.00 to $18.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential upside of 4.84% from the company’s current price.

HST has been the topic of several other reports. Stifel Nicolaus lowered their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Finally, Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $20.96.

Host Hotels & Resorts Stock Performance

Host Hotels & Resorts stock opened at $17.17 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The firm’s fifty day moving average price is $17.87 and its 200 day moving average price is $17.60. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 16.65 and a beta of 1.31. Host Hotels & Resorts has a 12-month low of $15.71 and a 12-month high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company’s revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.41 earnings per share. On average, research analysts forecast that Host Hotels & Resorts will post 1.92 EPS for the current fiscal year.

Institutional Investors Weigh In On Host Hotels & Resorts

A number of hedge funds and other institutional investors have recently bought and sold shares of HST. Freedom Investment Management Inc. lifted its stake in shares of Host Hotels & Resorts by 3.0% in the 3rd quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock valued at $380,000 after acquiring an additional 625 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of Host Hotels & Resorts by 4.9% during the third quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company’s stock worth $296,000 after purchasing an additional 784 shares during the period. Inspire Investing LLC lifted its holdings in Host Hotels & Resorts by 1.0% in the 3rd quarter. Inspire Investing LLC now owns 81,860 shares of the company’s stock worth $1,441,000 after buying an additional 812 shares during the period. Mendota Financial Group LLC boosted its holdings in Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock valued at $70,000 after acquiring an additional 842 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after buying an additional 867 shares during the period. Institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.