Wells Fargo & Company Increases Host Hotels & Resorts (NASDAQ:HST) Price Target to $25.00

Key Points

• Wells Fargo raised its price target on Host Hotels & Resorts (NASDAQ:HST) from $23 to $25 and kept an overweight rating, implying about 8.1% upside from the current price.
• Other analysts have also recently boosted targets, with a consensus rating of Moderate Buy and an average price target of $22.38 across the stock’s coverage.
• Host Hotels reported strong quarterly results, beating EPS and revenue estimates, while the stock traded around $23.13 near its 52-week high of $23.54.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) had its price objective lifted by research analysts at Wells Fargo & Company from $23.00 to $25.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Wells Fargo & Company's price objective suggests a potential upside of 8.11% from the company's current price.

A number of other equities research analysts also recently weighed in on HST. UBS Group lifted their price objective on Host Hotels & Resorts from $18.00 to $20.00 and gave the company a "neutral" rating in a report on Friday, April 10th. Barclays set a $23.00 target price on Host Hotels & Resorts in a report on Monday. Morgan Stanley raised their target price on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 12th. Citigroup boosted their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a "buy" rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. upped their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the company a "neutral" rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $22.38.

Host Hotels & Resorts Stock Performance

Host Hotels & Resorts stock traded up $0.15 on Monday, hitting $23.13. The company's stock had a trading volume of 515,074 shares, compared to its average volume of 8,548,905. Host Hotels & Resorts has a one year low of $15.07 and a one year high of $23.54. The firm has a market cap of $15.84 billion, a P/E ratio of 15.69, a price-to-earnings-growth ratio of 2.61 and a beta of 1.10. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. The company has a fifty day moving average price of $20.82 and a 200-day moving average price of $19.37.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.31. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The firm's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period last year, the firm earned $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, equities analysts anticipate that Host Hotels & Resorts will post 2.12 earnings per share for the current year.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the sale, the executive vice president owned 682,089 shares of the company's stock, valued at $15,688,047. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HST. Glenmede Trust Co. NA boosted its position in shares of Host Hotels & Resorts by 822.4% during the first quarter. Glenmede Trust Co. NA now owns 467,573 shares of the company's stock worth $8,959,000 after buying an additional 416,880 shares during the period. Essential Partners LLC raised its position in Host Hotels & Resorts by 12.9% in the 1st quarter. Essential Partners LLC now owns 6,861 shares of the company's stock valued at $131,000 after buying an additional 784 shares during the last quarter. Edgestream Partners L.P. bought a new stake in Host Hotels & Resorts in the 1st quarter valued at approximately $1,240,000. Kentucky Retirement Systems bought a new stake in Host Hotels & Resorts in the 1st quarter valued at approximately $1,214,000. Finally, Bull Harbor Capital LLC acquired a new position in Host Hotels & Resorts during the 1st quarter worth approximately $391,000. 98.52% of the stock is owned by institutional investors and hedge funds.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company's portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company's holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.

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