Robert W. Baird Remains a Hold on Host Hotels & Resorts (HST)
In a report released today, Michael Bellisario from Robert W. Baird maintained a Hold rating on Host Hotels & Resorts, with a price target of $20.00.
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According to TipRanks, Bellisario is a 4-star analyst with an average return of 5.2% and a 51.45% success rate. Bellisario covers the Real Estate sector, focusing on stocks such as Apple Hospitality REIT, Diamondrock, and Summit Hotel Properties.
In addition to Robert W. Baird, Host Hotels & Resorts also received a Hold from Barclays’s Richard Hightower in a report issued on January 6. However, on January 9, Truist Financial upgraded Host Hotels & Resorts (NASDAQ: HST) to a Buy.
Based on Host Hotels & Resorts’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.33 billion and a net profit of $161 million. In comparison, last year the company earned a revenue of $1.32 billion and had a net profit of $82 million
Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HST in relation to earlier this year. Last month, NATHAN S TYRRELL, the EVP, Ch. Investment Officer of HST sold 21,040.00 shares for a total of $384,783.52.
