SunTrust Banks, Inc. initiated coverage on shares of Park Hotels & Resorts in a report on Wednesday, January 4th.
A number of other brokerages also recently issued reports on PK.
As analysts monitor volatile markets in recent weeks they have updated their price targets on shares of Host Hotels & Resorts, Inc. JMP Securities reaffirmed a "market perform" rating on shares of Host Hotels and Resorts in a research note on Friday, April 7th. Goldman Sachs Group Inc began coverage on shares of Park Hotels & Resorts in a research note on Thursday, January 5th. The stock rose 1.85% or $0.34 reaching $18.95 per share.
Among 7 analysts covering Astec Industries (NASDAQ:ASTE), 4 have Buy rating, 1 Sell and 2 Hold. The company now has a consensus rating of "Hold" and an average price target of $18.02. Deprince Race And Zollo Inc has invested 0.77% in Host Hotels and Resorts Inc (NYSE:HST). The firm has a market capitalization of $13.65 billion, a price-to-earnings ratio of 18.10 and a beta of 1.30. Sumitomo Mitsui Asset Mgmt stated it has 0.27% of its portfolio in Host Hotels and Resorts Inc (NYSE:HST).
COPYRIGHT VIOLATION NOTICE: "Park Hotels & Resorts Inc (PK) Announces Quarterly Dividend of $0.43" was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem.
The company is expected to report earnings of $0.15 a share for the next quarter. Host Hotels and Resorts had a net margin of 14.72% and a return on equity of 11.22%.
Maximum and minimum EPS estimate for the current quarter is projected at $0.52 and $0.47, respectively, according to 19 analysts. For the past 5 years, the company's revenue has grown 6.2%, while the company's earnings per share has grown -19%. The company's revenue was up.8% on a year-over-year basis.
12/15/2016 - Host Hotels & Resorts, Inc. was downgraded to "hold" by analysts at Argus. Stockholders of record on Friday, March 31st were issued a dividend of $0.20 per share. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & worldwide copyright legislation. The correct version of this piece can be viewed at https://transcriptdaily.com/2017/04/18/host-hotels-and-resorts-inc-hst-stake-increased-by-kissinger-financial-services-llc.html. Another trade for 31,147 shares valued at $561,064 was made by TYRRELL NATHAN S on Tuesday, February 28. The stock was sold at an average price of $18.43, for a total transaction of $2,028,866.55. Following the sale, the chief financial officer now owns 157,163 shares of the company's stock, valued at $2,891,799.20. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
In other Host Hotels and Resorts news, CFO Gregory J. Larson sold 40,678 shares of the firm's stock in a transaction on Thursday, March 16th. (NYSE:HST) ended trading session higher at $18.61 with +0.76%. The disclosure for this sale can be found here. In the last quarter, insiders sold 221,164 shares of company stock worth $4,051,776.
Other large investors have also bought and sold shares of the company. Creative Planning increased its position in shares of Host Hotels and Resorts by 16.9% in the third quarter. AEW Capital Management L P now owns 8,272,083 shares of the real estate investment trust's stock valued at $128,796,000 after buying an additional 1,112,000 shares in the last quarter. So is with Host Hotels & Resorts, Inc. The company traded a volume of 9.13 million shares over average volume of 6.53 million shares. Lazard Asset Management LLC now owns 4,534,827 shares of the real estate investment trust's stock valued at $70,607,000 after buying an additional 34,700 shares in the last quarter. Northern Trust Corp boosted its stake in Host Hotels and Resorts by 1.6% in the third quarter. The stock has earnings growth of -21.10% yoy and showed a high EPS growth of 140.70% over the past five years. Hartford Investment Management holds 0.11% in Host Hotels and Resorts Inc (NYSE:HST) or 317,880 shares.
Kinder Morgan, Inc. (NYSE:KMI) share price decreased in the last trading session with a previous 52-week high of $23.09.