Host Hotels and Resorts (HST) Upgraded at BTIG Research

BTIG Research upgraded shares of Host Hotels and Resorts (NYSE:HST) from a neutral rating to a buy rating in a research note released on Monday morning, MarketBeat.com reports. BTIG Research currently has $22.00 target price on the real estate investment trust’s stock.

HST has been the topic of a number of other reports. Deutsche Bank raised Host Hotels and Resorts from a hold rating to a buy rating and raised their price objective for the company from $18.00 to $21.00 in a report on Thursday, October 12th. Boenning Scattergood upgraded Host Hotels and Resorts from a neutral rating to an outperform rating and set a $20.00 price target on the stock in a research report on Thursday, August 24th. Robert W. Baird set a $21.00 price target on Host Hotels and Resorts and gave the stock a buy rating in a research report on Friday, December 1st. SunTrust Banks restated a hold rating on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Finally, Zacks Investment Research upgraded Host Hotels and Resorts from a sell rating to a hold rating in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $20.19.

Host Hotels and Resorts (HST) opened at $19.61 on Monday. The firm has a market capitalization of $14,601.94, a PE ratio of 11.81, a P/E/G ratio of 2.38 and a beta of 1.28. 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 has a 1-year low of $17.26 and a 1-year high of $20.23.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.33. The company had revenue of $1.25 billion for 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%. Host Hotels and Resorts’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the firm posted $0.37 EPS. research analysts anticipate that Host Hotels and Resorts will post 1.66 earnings per share for the current year.

Hedge funds have recently modified their holdings of the company. Eqis Capital Management Inc. grew its position in shares of Host Hotels and Resorts by 19.7% in the 3rd quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock worth $315,000 after buying an additional 2,803 shares during the last quarter. Swiss National Bank boosted its position in shares of Host Hotels and Resorts by 3.0% during the second quarter. Swiss National Bank now owns 2,701,069 shares of the real estate investment trust’s stock valued at $49,349,000 after purchasing an additional 79,500 shares in the last quarter. Evanston Investments Inc. dba Evanston Advisors boosted its position in shares of Host Hotels and Resorts by 3.7% during the second quarter. Evanston Investments Inc. dba Evanston Advisors now owns 425,105 shares of the real estate investment trust’s stock valued at $7,767,000 after purchasing an additional 15,247 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Host Hotels and Resorts by 165.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 561,000 shares of the real estate investment trust’s stock valued at $10,249,000 after purchasing an additional 349,602 shares in the last quarter. Finally, Stevens Capital Management LP bought a new stake in shares of Host Hotels and Resorts during the second quarter valued at approximately $9,243,000.

ILLEGAL ACTIVITY WARNING: This article was first posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this article on another domain, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3079266/host-hotels-and-resorts-hst-upgraded-at-btig-research.html.

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.

Analyst Recommendations for Host Hotels and Resorts (NYSE:HST)

Receive News & Ratings for Host Hotels and Resorts Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2017 Ticker Report. Google+.