Free Trial

Host Hotels & Resorts (NASDAQ:HST) Now Covered by JPMorgan Chase & Co.

Host Hotels & Resorts logo with Finance background

Investment analysts at JPMorgan Chase & Co. began coverage on shares of Host Hotels & Resorts (NASDAQ:HST - Get Free Report) in a research note issued to investors on Monday,Benzinga reports. The brokerage set a "neutral" rating and a $16.00 price target on the stock. JPMorgan Chase & Co.'s price target would suggest a potential upside of 2.11% from the company's previous close.

HST has been the topic of several other reports. Citigroup decreased their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Evercore ISI reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research note on Friday, May 16th. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their target price for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th. Morgan Stanley dropped their price target on Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 22nd. Finally, Truist Financial reduced their price objective on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research report on Friday, March 21st. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $18.12.

Read Our Latest Research Report on Host Hotels & Resorts

Host Hotels & Resorts Trading Down 0.4%

Shares of NASDAQ:HST opened at $15.67 on Monday. The stock's 50-day simple moving average is $14.93 and its two-hundred day simple moving average is $15.85. The stock has a market capitalization of $10.87 billion, a price-to-earnings ratio of 16.32 and a beta of 1.32. Host Hotels & Resorts has a 52-week low of $12.22 and a 52-week high of $19.37. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.08 and a current ratio of 2.08.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.08. Host Hotels & Resorts had a net margin of 11.66% and a return on equity of 10.11%. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same period in the previous year, the business posted $0.60 earnings per share. The firm's quarterly revenue was up 8.4% compared to the same quarter last year. Analysts expect that Host Hotels & Resorts will post 1.88 EPS for the current year.

Institutional Investors Weigh In On Host Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the business. National Pension Service purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at $26,000. NBC Securities Inc. lifted its stake in Host Hotels & Resorts by 185,200.0% in the first quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock worth $26,000 after acquiring an additional 1,852 shares during the period. Jones Financial Companies Lllp grew its holdings in Host Hotels & Resorts by 202.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock worth $28,000 after acquiring an additional 1,088 shares in the last quarter. Versant Capital Management Inc increased its position in Host Hotels & Resorts by 696.3% during the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock valued at $33,000 after purchasing an additional 2,047 shares during the period. Finally, AlphaQuest LLC bought a new stake in shares of Host Hotels & Resorts in the 1st quarter valued at about $33,000. 98.52% of the stock is owned by institutional investors.

About Host Hotels & Resorts

(Get Free Report)

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.

Featured Stories

Analyst Recommendations for Host Hotels & Resorts (NASDAQ:HST)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Host Hotels & Resorts Right Now?

Before you consider Host Hotels & Resorts, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Host Hotels & Resorts wasn't on the list.

While Host Hotels & Resorts currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

2 Chip Stocks Are Soaring—But One Could Break Out This Summer
Congress Bought This Stock at the Bottom—Will You Miss It?
These 3 Penny Stocks Could Surprise Everyone This Summer!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines