Xponance Inc. lifted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 130.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 224,997 shares of the company’s stock after purchasing an additional 127,543 shares during the quarter. Xponance Inc.’s holdings in Host Hotels & Resorts were worth $3,942,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of HST. National Pension Service acquired a new position in Host Hotels & Resorts during the fourth quarter valued at $26,000. Jones Financial Companies Lllp boosted its stake in shares of Host Hotels & Resorts by 202.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock worth $28,000 after buying an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after acquiring an additional 991 shares during the period. Kestra Investment Management LLC purchased a new position in Host Hotels & Resorts during the fourth quarter valued at approximately $40,000. Finally, Eastern Bank acquired a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $45,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on HST shares. UBS Group dropped their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 28th. Citigroup decreased their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a research report on Monday. Wells Fargo & Company lowered their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Raymond James cut their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Finally, Compass Point downgraded Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of “Hold” and a consensus target price of $20.12.
Host Hotels & Resorts Trading Down 1.1 %
Shares of HST stock opened at $14.96 on Friday. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.47 and a fifty-two week high of $21.27. The firm has a market capitalization of $10.46 billion, a P/E ratio of 15.11 and a beta of 1.30. The stock’s fifty day moving average is $16.37 and its two-hundred day moving average is $17.32. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The firm had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. Research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.35%. Host Hotels & Resorts’s dividend payout ratio is presently 80.81%.
Host Hotels & Resorts Company Profile
Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.
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