Equities Analysts Offer Predictions for Host Hotels and Resorts Inc’s Q1 2019 Earnings (HST)

Host Hotels and Resorts Inc (NYSE:HST) – Equities researchers at Boenning Scattergood issued their Q1 2019 earnings per share (EPS) estimates for Host Hotels and Resorts in a research report issued on Tuesday. Boenning Scattergood analyst F. Van. Dijkum expects that the real estate investment trust will post earnings per share of $0.40 for the quarter. Boenning Scattergood has a “Buy” rating and a $20.00 price objective on the stock. Boenning Scattergood also issued estimates for Host Hotels and Resorts’ Q2 2019 earnings at $0.49 EPS, Q3 2019 earnings at $0.35 EPS, Q4 2019 earnings at $0.41 EPS and FY2019 earnings at $1.64 EPS.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, hitting the consensus estimate of $0.33. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.37 earnings per share.

Other analysts also recently issued reports about the company. Robert W. Baird reissued a “buy” rating and issued a $20.00 price objective on shares of Host Hotels and Resorts in a research note on Thursday, October 12th. Stifel Nicolaus reissued a “buy” rating and issued a $19.00 price objective on shares of Host Hotels and Resorts in a research note on Tuesday, October 17th. Wolfe Research assumed coverage on Host Hotels and Resorts in a research note on Wednesday, November 29th. They issued a “market perform” rating for the company. Wells Fargo & Co raised Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 price objective for the company in a research note on Monday, November 6th. Finally, Zacks Investment Research downgraded Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have assigned a buy rating to the stock. Host Hotels and Resorts has a consensus rating of “Hold” and a consensus price target of $20.46.

Shares of Host Hotels and Resorts (NYSE:HST) traded down $0.21 during trading on Wednesday, hitting $20.36. The stock had a trading volume of 5,165,612 shares, compared to its average volume of 6,627,333. The stock has a market capitalization of $15,120.00, a P/E ratio of 25.14, a PEG ratio of 2.42 and a beta of 1.29. Host Hotels and Resorts has a 12-month low of $17.26 and a 12-month high of $20.82. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in Host Hotels and Resorts by 0.6% during the second quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock valued at $2,395,467,000 after purchasing an additional 842,905 shares during the period. BlackRock Inc. grew its holdings in Host Hotels and Resorts by 3.7% during the second quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock valued at $1,391,737,000 after purchasing an additional 2,707,618 shares during the period. Bank of New York Mellon Corp grew its holdings in Host Hotels and Resorts by 12.1% during the third quarter. Bank of New York Mellon Corp now owns 19,409,238 shares of the real estate investment trust’s stock valued at $358,876,000 after purchasing an additional 2,094,813 shares during the period. Northern Trust Corp grew its holdings in Host Hotels and Resorts by 2.5% during the second quarter. Northern Trust Corp now owns 12,678,085 shares of the real estate investment trust’s stock valued at $231,628,000 after purchasing an additional 309,518 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in Host Hotels and Resorts by 1.8% during the third quarter. Dimensional Fund Advisors LP now owns 10,641,831 shares of the real estate investment trust’s stock valued at $196,767,000 after purchasing an additional 191,580 shares during the period.

In other news, EVP Elizabeth A. Abdoo sold 60,000 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $20.45, for a total value of $1,227,000.00. Following the completion of the transaction, the executive vice president now directly owns 168,905 shares of the company’s stock, valued at $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.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.93%. The ex-dividend date is Thursday, December 28th. Host Hotels and Resorts’s dividend payout ratio is presently 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.

Earnings History and Estimates for Host Hotels and Resorts (NYSE:HST)

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