Host Hotels & Resorts (NASDAQ:HST) Coverage Initiated by Analysts at Cantor Fitzgerald

Key Points

• Host Hotels & Resorts has been upgraded to a "hold" rating by Cantor Fitzgerald, reflecting a cautious outlook amidst mixed analyst opinions.
• Several equities analysts have raised their target prices for HST, with estimates ranging from $18.00 to $20.00, indicating positive sentiment about the company's future performance.
• The company's recent earnings report showed a revenue increase of 8.2% year-over-year, with earnings per share surpassing analysts' expectations.

Equities researchers at Cantor Fitzgerald assumed coverage on shares of Host Hotels & Resorts (NASDAQ:HST - Get Free Report) in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The brokerage set a "neutral" rating and a $19.00 price target on the stock. Cantor Fitzgerald's price target would suggest a potential upside of 11.44% from the stock's current price.

Several other analysts have also commented on the stock. Stifel Nicolaus increased their target price on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research note on Thursday, July 31st. Evercore ISI increased their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a research note on Monday, July 28th. Truist Financial increased their target price on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a research note on Wednesday, September 3rd. UBS Group increased their target price on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Monday, September 22nd. Finally, JPMorgan Chase & Co. assumed coverage on shares of Host Hotels & Resorts in a research note on Monday, June 23rd. They set a "neutral" rating and a $16.00 target price for the company. Six research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of "Moderate Buy" and an average price target of $17.88.

Host Hotels & Resorts Stock Up 0.2%

HST opened at $17.05 on Wednesday. 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 quick ratio of 2.20 and a current ratio of 2.20. The stock's fifty day moving average is $16.72 and its 200-day moving average is $15.62. The company has a market capitalization of $11.72 billion, a PE ratio of 18.14 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the business earned $0.57 EPS. The company's quarterly revenue was up 8.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. On average, equities analysts predict that Host Hotels & Resorts will post 1.88 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 added to or reduced their stakes in HST. Wealth Enhancement Advisory Services LLC lifted its position in Host Hotels & Resorts by 46.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 52,000 shares of the company's stock worth $911,000 after buying an additional 16,578 shares in the last quarter. Versant Capital Management Inc lifted its position in Host Hotels & Resorts by 696.3% in the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock worth $33,000 after buying an additional 2,047 shares in the last quarter. GAMMA Investing LLC lifted its position in Host Hotels & Resorts by 1,278.6% in the 1st quarter. GAMMA Investing LLC now owns 169,227 shares of the company's stock worth $24,050,000 after buying an additional 156,952 shares in the last quarter. Rhumbline Advisers lifted its position in Host Hotels & Resorts by 10.4% in the 1st quarter. Rhumbline Advisers now owns 1,520,104 shares of the company's stock worth $21,601,000 after buying an additional 143,747 shares in the last quarter. Finally, Czech National Bank lifted its position in Host Hotels & Resorts by 5.9% in the 1st quarter. Czech National Bank now owns 160,556 shares of the company's stock worth $2,282,000 after buying an additional 8,992 shares in the last quarter. Hedge funds and other 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.