Weiss Ratings Reiterates "Hold (C)" Rating for Host Hotels & Resorts (NASDAQ:HST)

Host Hotels & Resorts (NASDAQ:HST - Get Free Report)'s stock had its "hold (c)" rating reissued by research analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

HST has been the subject of several other research reports. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. UBS Group raised their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a "neutral" rating in a report on Monday, September 22nd. Evercore ISI increased their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, July 28th. JPMorgan Chase & Co. began coverage on Host Hotels & Resorts in a report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price objective on the stock. Finally, Truist Financial upped their target price on 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 equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average price target of $17.88.

Host Hotels & Resorts Trading Down 1.1%

NASDAQ:HST opened at $16.25 on Wednesday. The stock's 50 day moving average price is $16.75 and its 200 day moving average price is $15.67. Host Hotels & Resorts has a 52 week low of $12.22 and a 52 week high of $19.36. The company has a market capitalization of $11.17 billion, a P/E ratio of 17.29 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 - Get Free Report) last released 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. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.51 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The firm's revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. On average, research analysts forecast that Host Hotels & Resorts will post 1.88 EPS for the current fiscal year.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Oak Thistle LLC increased its position in Host Hotels & Resorts by 17.0% during the third quarter. Oak Thistle LLC now owns 30,011 shares of the company's stock worth $511,000 after acquiring an additional 4,350 shares during the period. GAMMA Investing LLC lifted its stake in shares of Host Hotels & Resorts by 13.3% in the third quarter. GAMMA Investing LLC now owns 26,309 shares of the company's stock valued at $448,000 after buying an additional 3,082 shares during the period. Corient Private Wealth LLC lifted its stake in shares of Host Hotels & Resorts by 49.0% in the second quarter. Corient Private Wealth LLC now owns 103,871 shares of the company's stock valued at $1,596,000 after buying an additional 34,153 shares during the period. CacheTech Inc. bought a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $279,000. Finally, Adams Wealth Management bought a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $279,000. 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.

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