Media stories about Host Hotels and Resorts (NYSE:HST) have been trending somewhat positive recently, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Host Hotels and Resorts earned a news impact score of 0.11 on Alpha One’s scale. Alpha One also assigned news headlines about the company an impact score of 78 out of 100, indicating that recent media coverage is likely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Alpha One’s rankings:
- Host Hotels and Resorts Inc (HST) Receives New Coverage from Analysts at Boenning Scattergood (americanbankingnews.com)
- Look for Shares of Host Hotels & Resorts to Potentially Rebound after Yesterday’s 1.15% Sell Off (mysmartrend.com)
- Host Hotels & Resorts Becomes #16 Most Shorted S&P 500 Component, Replacing Leggett & Platt (marketnewsvideo.com)
- Host Hotels & Resorts, Inc. : HST-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017 (finance.yahoo.com)
- Goldman Sachs Swaps Hilton For Marriott On Its Conviction Buy List (finance.yahoo.com)
Host Hotels and Resorts (NYSE:HST) traded up 0.38% during trading on Thursday, reaching $18.45. 5,567,772 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $18.23 and its 200-day moving average price is $17.56. The firm has a market cap of $13.64 billion, a price-to-earnings ratio of 18.09 and a beta of 1.30. Host Hotels and Resorts has a 12 month low of $14.30 and a 12 month high of $20.21.
Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Wednesday, February 22nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. Host Hotels and Resorts had a return on equity of 11.22% and a net margin of 14.72%. The company had revenue of $1.34 billion for the quarter, compared to analysts’ expectations of $1.31 billion. During the same period last year, the business earned $0.39 EPS. Host Hotels and Resorts’s quarterly revenue was up .8% compared to the same quarter last year. On average, equities research analysts anticipate that Host Hotels and Resorts will post $0.67 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 17th. Investors of record on Friday, March 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend is Wednesday, March 29th. Host Hotels and Resorts’s dividend payout ratio is currently 74.77%.
HST has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Tuesday, January 31st. Canaccord Genuity reiterated a “hold” rating and issued a $20.00 price objective on shares of Host Hotels and Resorts in a report on Wednesday, January 4th. Goldman Sachs Group Inc downgraded shares of Host Hotels and Resorts from a “neutral” rating to a “sell” rating and lifted their price objective for the company from $15.00 to $16.00 in a report on Thursday, January 19th. Argus downgraded shares of Host Hotels and Resorts from a “buy” rating to a “hold” rating in a report on Thursday, December 15th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $20.00 price objective on shares of Host Hotels and Resorts in a report on Friday, February 24th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. Host Hotels and Resorts presently has an average rating of “Hold” and a consensus target price of $18.02.
In related news, EVP Minaz Abji sold 110,085 shares of the stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $18.43, for a total value of $2,028,866.55. Following the transaction, the executive vice president now directly owns 231,873 shares in the company, valued at approximately $4,273,419.39. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Nathan S. Tyrrell sold 31,147 shares of the stock in a transaction on Tuesday, February 28th. The stock was sold at an average price of $18.01, for a total value of $560,957.47. Following the completion of the transaction, the insider now owns 93,231 shares in the company, valued at $1,679,090.31. The disclosure for this sale can be found here. Over the last quarter, insiders sold 221,164 shares of company stock worth $4,051,776. 1.90% of the stock is owned by company insiders.
About Host Hotels and Resorts
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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