Host Hotels and Resorts Inc (NYSE:HST) VP Nathan S. Tyrrell sold 1,685 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $19.73, for a total value of $33,245.05. Following the sale, the vice president now directly owns 162,713 shares of the company’s stock, valued at approximately $3,210,327.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Host Hotels and Resorts stock traded down $0.18 during trading on Thursday, reaching $18.40. The company’s stock had a trading volume of 7,906,388 shares, compared to its average volume of 6,289,926. The stock has a market capitalization of $13.99 billion, a price-to-earnings ratio of 10.40, a PEG ratio of 2.08 and a beta of 1.20. The company has a debt-to-equity ratio of 0.51, a current ratio of 5.11 and a quick ratio of 5.11. Host Hotels and Resorts Inc has a 1-year low of $15.94 and a 1-year high of $22.47.
Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Wednesday, May 1st. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.03. The company had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.40 billion. Host Hotels and Resorts had a return on equity of 13.76% and a net margin of 18.32%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. On average, equities research analysts anticipate that Host Hotels and Resorts Inc will post 1.81 earnings per share for the current fiscal year.
A number of equities analysts recently commented on HST shares. Deutsche Bank reissued a “buy” rating and set a $22.00 price target on shares of Host Hotels and Resorts in a research note on Sunday, February 24th. Barclays restated a “buy” rating on shares of Host Hotels and Resorts in a research report on Sunday, May 5th. Morgan Stanley set a $18.00 price objective on Host Hotels and Resorts and gave the company a “sell” rating in a research report on Friday, May 3rd. Wolfe Research downgraded Host Hotels and Resorts from a “market perform” rating to an “underperform” rating and set a $19.16 price target on the stock. in a report on Tuesday, March 12th. Finally, Zacks Investment Research upgraded Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Tuesday, March 19th. Three research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. Host Hotels and Resorts currently has an average rating of “Hold” and a consensus price target of $20.77.
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Host Hotels and Resorts Company Profile
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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.
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