Host Hotels & Resorts (NASDAQ:HST) Raised to Buy at Truist Financial

Host Hotels & Resorts (NASDAQ:HST) was upgraded by Truist Financial from a “hold” rating to a “buy” rating in a report released on Friday, MarketBeat.com reports. The firm presently has a $21.00 price target on the stock. Truist Financial’s price objective suggests a potential upside of 13.88% from the company’s current price.

HST has been the topic of a number of other research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, November 7th. Evercore ISI lowered Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a report on Tuesday, November 11th. UBS Group raised their price target on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, September 22nd. Finally, Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a research report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $18.81.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $18.44 on Friday. Host Hotels & Resorts has a 52 week low of $12.22 and a 52 week high of $18.72. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The firm’s 50-day simple moving average is $17.78 and its 200 day simple moving average is $16.96. The firm has a market cap of $12.68 billion, a price-to-earnings ratio of 17.56 and a beta of 1.18.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the firm posted $0.36 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, sell-side analysts predict that Host Hotels & Resorts will post 1.88 earnings per share for the current year.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the sale, the executive vice president directly owned 659,841 shares of the company’s stock, valued at $12,187,263.27. This trade represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Armstrong Advisory Group Inc. grew its holdings in shares of Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock valued at $26,000 after purchasing an additional 1,516 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in Host Hotels & Resorts in the second quarter valued at approximately $29,000. Clearstead Advisors LLC grew its stake in shares of Host Hotels & Resorts by 79.6% during the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after buying an additional 786 shares during the last quarter. TD Private Client Wealth LLC increased its holdings in shares of Host Hotels & Resorts by 50.0% during the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after buying an additional 691 shares in the last quarter. Finally, MUFG Securities EMEA plc acquired a new position in shares of Host Hotels & Resorts during the second quarter worth $32,000. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

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.