Host Hotels & Resorts, Inc. (NYSE:HST) registered a -0.11% decrease, still its new closing price is 50.86% up from the company’s 1 year high of 19.48.It posted 1.42% gains in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 2 buy or better ratings. The 20 stock analysts following this company have an average price target at $18.18, with individual PT in the $16.00-$21.00 range. The shares moved at $18.59, implying that brokerage firms see shares gaining about 48.46% in twelve months time.
Host Hotels & Resorts, Inc. (HST) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.33% fall year to date. A Chairman of the Board at Host Hotels & Resorts, Inc. (HST) offloaded shares in a transaction closed on Friday December 23, 2016. MARRIOTT RICHARD E sold 50,000 shares in the company at $18.44 each and collected $922,000 in proceeds. MARRIOTT RICHARD E now owns 1,569,600 shares in the company after this transaction. A SVP, Controller in the company, MACNAMARA BRIAN G, disclosed a transaction on Wednesday December 21, 2016 that ended up generating $163,000 from the sale of 8,427 shares at $19.38 per share.
Host Hotels & Resorts, Inc. (NYSE:HST) Upcoming Results on Tap
Host Hotels & Resorts, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.50 in that period. Sales during the quarter are predicted to arrive at $1.31 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.3 billion in revenue and EPS of $0.37. The mean forecast was for $1.29 billion and $0.36 a share, respectively. One quarter earlier, revenue for the stock was at $1.46 billion, with earnings at $0.49/share.
Host Hotels & Resorts, Inc. (HST) Brokerage Update
Host Hotels & Resorts, Inc. (HST) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Goldman, according to news reported on Thursday January 19, 2017.Another important research note was issued by Argus on Thursday December 15, 2016.The firm downgraded HST to Hold from Buy. Over the last six months and over the last three months, the shares of Host Hotels & Resorts, Inc. (HST), have changed 10.42% and 25.51%, respectively.