Host Hotels & Resorts (NASDAQ:HST) Given New $20.00 Price Target at Wells Fargo & Company

Host Hotels & Resorts (NASDAQ:HST) had its target price hoisted by Wells Fargo & Company from $19.00 to $20.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Other analysts have also issued reports about the company. Truist Financial raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Host Hotels & Resorts in a report on Tuesday, January 13th. Weiss Ratings raised Host Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, February 26th. UBS Group set a $21.00 price target on Host Hotels & Resorts in a research report on Friday, January 9th. Finally, Morgan Stanley set a $18.00 price objective on Host Hotels & Resorts in a research note on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $20.08.

Host Hotels & Resorts Stock Down 0.9%

Shares of NASDAQ HST opened at $18.97 on Tuesday. The stock has a market capitalization of $13.05 billion, a P/E ratio of 17.25, a P/E/G ratio of 2.22 and a beta of 1.13. The company has a 50-day moving average price of $19.22 and a 200-day moving average price of $18.04. Host Hotels & Resorts has a 1 year low of $12.22 and a 1 year high of $21.00. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.59 and a quick ratio of 2.59.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, February 18th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.27). Host Hotels & Resorts had a return on equity of 11.54% and a net margin of 12.51%.The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the prior year, the company earned $0.44 EPS. The company’s revenue was up 12.3% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. On average, equities research analysts forecast that Host Hotels & Resorts will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 72.73%.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Empowered Funds LLC increased its position in shares of Host Hotels & Resorts by 2.7% during the fourth quarter. Empowered Funds LLC now owns 20,218 shares of the company’s stock valued at $358,000 after acquiring an additional 537 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in Host Hotels & Resorts by 1.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company’s stock worth $595,000 after purchasing an additional 607 shares during the last quarter. Huntington National Bank grew its stake in Host Hotels & Resorts by 12.3% in the 4th quarter. Huntington National Bank now owns 5,560 shares of the company’s stock valued at $99,000 after purchasing an additional 609 shares during the period. Wealthfront Advisers LLC grew its stake in Host Hotels & Resorts by 2.2% in the 4th quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company’s stock valued at $529,000 after purchasing an additional 654 shares during the period. Finally, Quarry LP increased its position in shares of Host Hotels & Resorts by 17.2% during the 4th quarter. Quarry LP now owns 4,506 shares of the company’s stock valued at $80,000 after purchasing an additional 661 shares during 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 (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.