Host Hotels & Resorts (NASDAQ:HST) Upgraded at Compass Point

Host Hotels & Resorts (NASDAQ:HST) was upgraded by Compass Point from a “neutral” rating to a “buy” rating in a report issued on Friday, MarketBeat.com reports. The firm presently has a $22.00 target price on the stock, up from their prior target price of $18.00. Compass Point’s price target indicates a potential upside of 27.02% from the stock’s current price.

A number of other equities research analysts have also weighed in on HST. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. UBS Group boosted their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Stifel Nicolaus upped their price target on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a research report on Thursday, July 31st. Evercore ISI lifted their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Host Hotels & Resorts in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $18.21.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $17.32 on Friday. The stock has a fifty day moving average of $16.89 and a 200 day moving average of $16.05. Host Hotels & Resorts has a 52-week low of $12.22 and a 52-week high of $19.36. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 18.43 and a beta of 1.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, research analysts expect that Host Hotels & Resorts will post 1.88 EPS for the current fiscal year.

Institutional Trading of Host Hotels & Resorts

Several large investors have recently bought and sold shares of HST. Armstrong Advisory Group Inc. grew its holdings in shares of Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after acquiring an additional 1,516 shares during the period. CYBER HORNET ETFs LLC bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at approximately $29,000. TD Private Client Wealth LLC grew its stake in Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after purchasing an additional 691 shares during the period. MUFG Securities EMEA plc bought a new position in Host Hotels & Resorts in the second quarter worth $32,000. Finally, AlphaQuest LLC bought a new position in Host Hotels & Resorts in the first quarter worth $33,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Company Profile

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.