Host Hotels and Resorts (NYSE:HST) Rating Lowered to Sell at ValuEngine

Share on StockTwits

Host Hotels and Resorts (NYSE:HST) was downgraded by research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Friday, ValuEngine reports.

Other equities research analysts have also issued reports about the company. BTIG Research lowered Host Hotels and Resorts from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. Stifel Nicolaus set a $20.00 target price on Host Hotels and Resorts and gave the company a “buy” rating in a research report on Wednesday, August 7th. Deutsche Bank decreased their target price on Host Hotels and Resorts from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. BMO Capital Markets assumed coverage on Host Hotels and Resorts in a research report on Wednesday, October 16th. They issued an “outperform” rating and a $19.00 price target for the company. Finally, JPMorgan Chase & Co. reduced their price target on Host Hotels and Resorts from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Friday, September 6th. Four analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company’s stock. Host Hotels and Resorts has an average rating of “Hold” and an average target price of $19.85.

NYSE HST traded up $0.22 on Friday, reaching $17.17. 8,280,947 shares of the stock traded hands, compared to its average volume of 6,872,809. The company has a debt-to-equity ratio of 0.52, a quick ratio of 5.12 and a current ratio of 5.12. The company has a fifty day moving average price of $16.80 and a 200-day moving average price of $17.59. The company has a market cap of $12.71 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 1.98 and a beta of 1.11. Host Hotels and Resorts has a 12 month low of $15.51 and a 12 month high of $20.34.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HST. Nuveen Asset Management LLC raised its position in shares of Host Hotels and Resorts by 175.2% in the 2nd quarter. Nuveen Asset Management LLC now owns 11,697,899 shares of the real estate investment trust’s stock worth $213,137,000 after acquiring an additional 7,446,548 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Host Hotels and Resorts by 3,267.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,406,381 shares of the real estate investment trust’s stock worth $98,505,000 after acquiring an additional 5,245,854 shares in the last quarter. Cohen & Steers Inc. increased its position in Host Hotels and Resorts by 187.4% during the 2nd quarter. Cohen & Steers Inc. now owns 7,991,480 shares of the real estate investment trust’s stock valued at $145,605,000 after buying an additional 5,210,573 shares in the last quarter. JPMorgan Chase & Co. increased its position in Host Hotels and Resorts by 60.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 10,245,777 shares of the real estate investment trust’s stock valued at $184,526,000 after buying an additional 3,850,979 shares in the last quarter. Finally, Schroder Investment Management Group increased its position in Host Hotels and Resorts by 1,546.8% during the 2nd quarter. Schroder Investment Management Group now owns 3,230,106 shares of the real estate investment trust’s stock valued at $58,852,000 after buying an additional 3,033,957 shares in the last quarter. 97.22% of the stock is owned by hedge funds and other institutional investors.

About Host Hotels and Resorts

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

Read More: How to Use the New Google Finance Tool

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Host Hotels and Resorts (NYSE:HST)

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Host Hotels and Resorts  Rating Lowered to Sell at ValuEngine
Host Hotels and Resorts Rating Lowered to Sell at ValuEngine
Hartford Financial Services Group  PT Raised to $63.00
Hartford Financial Services Group PT Raised to $63.00
Discovery Inc Series C  Lifted to Hold at BidaskClub
Discovery Inc Series C Lifted to Hold at BidaskClub
BidaskClub Lowers Independent Bank Co.  to Hold
BidaskClub Lowers Independent Bank Co. to Hold
Orthopediatrics  Announces  Earnings Results
Orthopediatrics Announces Earnings Results
JPMorgan Chase & Co. Analysts Give AstraZeneca  a GBX 7,900 Price Target
JPMorgan Chase & Co. Analysts Give AstraZeneca a GBX 7,900 Price Target


 
© 2006-2019 Zolmax.