Host Hotels & Resorts (NASDAQ:HST) Rating Increased to Buy at Compass Point

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

Other research analysts also recently issued research reports about the stock. Morgan Stanley restated an “outperform” rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Weiss Ratings reissued a “hold (c)” rating on shares of Host Hotels & Resorts in a research note on Wednesday. Cantor Fitzgerald began coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 target price for the company. UBS Group raised their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Finally, Truist Financial upped their price objective on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.21.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $17.32 on Friday. The business has a 50-day simple moving average of $16.89 and a 200 day simple moving average of $16.05. Host Hotels & Resorts has a one year low of $12.22 and a one year high of $19.36. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a market capitalization of $11.91 billion, a price-to-earnings ratio of 18.43 and a beta of 1.36.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Tokio Marine Asset Management Co. Ltd. raised its holdings in shares of Host Hotels & Resorts by 2.6% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,842 shares of the company’s stock worth $353,000 after purchasing an additional 638 shares during the period. TD Private Client Wealth LLC increased its position 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 buying an additional 691 shares during the last quarter. Verdence Capital Advisors LLC increased its position in Host Hotels & Resorts by 3.0% in the third quarter. Verdence Capital Advisors LLC now owns 25,731 shares of the company’s stock worth $428,000 after buying an additional 738 shares during the last quarter. Advisors Asset Management Inc. lifted its position in shares of Host Hotels & Resorts by 3.7% during the 1st quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company’s stock valued at $303,000 after buying an additional 765 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of Host Hotels & Resorts by 28.4% during the 1st quarter. IFP Advisors Inc now owns 3,648 shares of the company’s stock valued at $52,000 after buying an additional 807 shares during the last quarter. 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.