Host Hotels and Resorts Inc (NYSE:HST) had declared a cash dividend of $0.2000 on Jun 15, 2016. The shares will quote ex-dividend on Jun 28, 2016 and the record date has been fixed for Jun 30, 2016. On Jun 15, 2016 share price, the yield comes out to be 5.1480%. The dividend payable date has been fixed on Jul 15, 2016.
In a different note, On May 18, 2016, Raymond James said it Upgrades its rating on Host Hotels and Resorts Inc. The shares have been rated ‘Market Perform’ by the firm. On Mar 29, 2016, Stifel Nicolaus said it Assumes its rating on Host Hotels and Resorts Inc. The shares have been rated ‘Buy’ by the firm. On Mar 23, 2016, Credit Suisse said it Maintains its rating on Host Hotels and Resorts Inc. In the research note, the firm Raises the price-target to $15.00 per share. The shares have been rated ‘Neutral’ by the firm.
Host Hotels and Resorts Inc (HST) made into the market gainers list on Tuesdays trading session with the shares advancing 0.60% or 0.1 points. Due to strong positive momentum, the stock ended at $16.65, which is also near the day’s high of $16.76. The stock began the session at $16.58 and the volume stood at 98,40,518 shares. The 52-week high of the shares is $21.4015 and the 52 week low is $12.17. The company has a current market capitalization of $12,443 M and it has 74,73,15,400 shares in outstanding.
Host Hotels and Resorts Inc(HST) last announced its earnings results on Apr 29, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $1.34B. Analysts had an estimated revenue of $1.35B. Earnings per share were $0.41. Analysts had estimated an EPS of $0.38.
Several Insider Transactions has been reported to the SEC. On Mar 15, 2016, Brian G Macnamara (SVP, Controller) sold 5,000 shares at $16.86 per share price.Also, On Feb 10, 2016, Minaz Abji (EVP, Asset Management) sold 49,000 shares at $17.65 per share price.On Dec 21, 2015, Richard E Marriott (Chairman of the Board) sold 32,000 shares at $15.28 per share price, according to the Form-4 filing with the securities and exchange commission.
Host Hotels & Resorts Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations through Host Hotels & Resorts L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units) as of December 31 2014. As of February 20 2015 the Companys lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59000 rooms with the majority located in the United States and with 17 of the properties located outside of the United States in Australia Brazil Canada Chile Mexico and New Zealand. In addition the Company owns non-controlling interests in two international joint ventures.