Host Hotels & Resorts (NASDAQ:HST) Downgraded to Hold at Jefferies Financial Group

Jefferies Financial Group downgraded shares of Host Hotels & Resorts (NASDAQ:HST) from a buy rating to a hold rating in a research note released on Tuesday, Briefing.com reports. The brokerage currently has $17.00 price target on the stock.

A number of other research firms have also weighed in on HST. Smith Barney Citigroup upgraded shares of Host Hotels & Resorts from a neutral rating to a buy rating in a research note on Tuesday, December 15th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded shares of Host Hotels & Resorts from a neutral rating to a buy rating and lifted their price objective for the company from $11.50 to $17.50 in a research note on Tuesday, December 15th. Zacks Investment Research upgraded shares of Host Hotels & Resorts from a sell rating to a hold rating and set a $14.00 price objective for the company in a research note on Monday, November 16th. Wells Fargo & Company lowered shares of Host Hotels & Resorts from an overweight rating to an underweight rating and set a $15.00 price objective for the company. in a research note on Thursday, December 10th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a buy rating in a research note on Monday. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of $14.16.

HST opened at $16.69 on Tuesday. The firm has a 50-day moving average price of $14.59 and a two-hundred day moving average price of $13.79. Host Hotels & Resorts has a 1-year low of $7.86 and a 1-year high of $17.43. The company has a current ratio of 31.40, a quick ratio of 31.40 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $11.77 billion, a PE ratio of -20.11 and a beta of 1.38.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Thursday, February 18th. The company reported ($0.09) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.42) by $0.33. Host Hotels & Resorts had a negative return on equity of 8.55% and a negative net margin of 21.88%. On average, research analysts predict that Host Hotels & Resorts will post -0.36 EPS for the current year.

A number of institutional investors have recently bought and sold shares of HST. Professional Financial Advisors LLC bought a new stake in Host Hotels & Resorts in the third quarter worth $26,000. First Horizon Advisors Inc. lifted its stake in Host Hotels & Resorts by 137.7% in the third quarter. First Horizon Advisors Inc. now owns 3,478 shares of the company’s stock worth $38,000 after purchasing an additional 2,015 shares during the last quarter. Vantage Consulting Group Inc bought a new stake in Host Hotels & Resorts in the fourth quarter worth $53,000. Ellevest Inc. lifted its stake in Host Hotels & Resorts by 224.7% in the fourth quarter. Ellevest Inc. now owns 5,198 shares of the company’s stock worth $76,000 after purchasing an additional 3,597 shares during the last quarter. Finally, Ethic Inc. bought a new stake in Host Hotels & Resorts in the third quarter worth $120,000. 95.67% of the stock is owned by institutional investors and hedge funds.

About Host Hotels & 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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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Analyst Recommendations for Host Hotels & Resorts (NASDAQ:HST)

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