Host Hotels and Resorts Inc (NYSE:HST) saw unusually large options trading on Wednesday. Stock traders purchased 22,237 call options on the stock. This represents an increase of approximately 1,261% compared to the average daily volume of 1,634 call options.
Several research firms recently weighed in on HST. Boenning Scattergood reissued a “buy” rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a research report on Friday, September 22nd. Deutsche Bank raised Host Hotels and Resorts from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $18.00 to $21.00 in a research report on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Stifel Nicolaus reissued a “buy” rating and set a $19.00 price objective on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Finally, SunTrust Banks reissued a “hold” rating on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $20.46.
In other news, EVP Elizabeth A. Abdoo sold 60,000 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $20.45, for a total transaction of $1,227,000.00. Following the completion of the sale, the executive vice president now owns 168,905 shares in the company, valued at approximately $3,454,107.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.70% of the company’s stock.
Host Hotels and Resorts (NYSE:HST) opened at $20.36 on Friday. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $15,120.00, a P/E ratio of 25.14, a price-to-earnings-growth ratio of 2.42 and a beta of 1.29. Host Hotels and Resorts has a twelve month low of $17.26 and a twelve month high of $20.82.
Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The company’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.37 EPS. equities research analysts expect that Host Hotels and Resorts will post 1.66 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.80 annualized dividend and a yield of 3.93%. Host Hotels and Resorts’s dividend payout ratio (DPR) is 98.77%.
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Host Hotels and Resorts Company Profile
Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.
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