Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd lifted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 308,982 shares of the company’s stock after buying an additional 15,600 shares during the quarter. UniSuper Management Pty Ltd’s holdings in Host Hotels & Resorts were worth $5,413,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. National Pension Service acquired a new position in shares of Host Hotels & Resorts during the fourth quarter valued at approximately $26,000. Jones Financial Companies Lllp raised its stake in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in 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 valued at $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts during the 4th quarter worth $40,000. Finally, Eastern Bank purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter worth $45,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Analysts Set New Price Targets

HST has been the topic of several research reports. UBS Group decreased their price target 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 lowered their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating on the stock in a report on Monday, March 17th. Morgan Stanley raised Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $15.00 in a report on Friday, March 21st. Truist Financial reduced their price objective on Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating on the stock in a research report on Friday, March 21st. Finally, Compass Point downgraded Host Hotels & Resorts from a “buy” rating to a “neutral” rating and cut their target price for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $19.54.

Host Hotels & Resorts Trading Down 1.8 %

Shares of HST stock opened at $14.27 on Friday. Host Hotels & Resorts, Inc. has a 1-year low of $14.15 and a 1-year high of $20.85. The firm has a market cap of $9.98 billion, a PE ratio of 14.41 and a beta of 1.30. The company has a 50-day moving average of $16.07 and a two-hundred day moving average of $17.23. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90.

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

Host Hotels & Resorts Announces Dividend

The company also recently disclosed 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 of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.61%. Host Hotels & Resorts’s dividend payout ratio is presently 80.81%.

Host Hotels & Resorts 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.