United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Makes New Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,400 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds also recently made changes to their positions in the company. National Pension Service purchased a new stake in Host Hotels & Resorts in the fourth quarter worth approximately $26,000. Jones Financial Companies Lllp lifted its holdings in shares of Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock worth $28,000 after acquiring an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Host Hotels & Resorts by 94.9% in the 4th 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 last quarter. Kestra Investment Management LLC purchased a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at $40,000. Finally, Eastern Bank bought a new position in shares of Host Hotels & Resorts during the 4th quarter valued at $45,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $14.81 on Thursday. Host Hotels & Resorts, Inc. has a one year low of $14.25 and a one year high of $20.85. The company has a 50-day simple moving average of $16.18 and a two-hundred day simple moving average of $17.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The firm has a market capitalization of $10.35 billion, a PE ratio of 14.96 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.29. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. On average, analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.40%. Host Hotels & Resorts’s payout ratio is 80.81%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HST. Wells Fargo & Company lowered their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. UBS Group reduced their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Compass Point cut Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Morgan Stanley raised Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and dropped their price objective for the company from $16.00 to $15.00 in a research note on Friday, March 21st. Finally, Citigroup lowered their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a report on Monday, March 17th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $19.54.

About Host Hotels & Resorts

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.