Dana Investment Advisors Inc. reduced its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 11.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,337 shares of the company’s stock after selling 18,985 shares during the period. Dana Investment Advisors Inc.’s holdings in Host Hotels & Resorts were worth $2,546,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the company. State Street Corp boosted its stake in shares of Host Hotels & Resorts by 1.9% during the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after purchasing an additional 950,431 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Host Hotels & Resorts by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company’s stock worth $331,698,000 after purchasing an additional 180,904 shares during the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Host Hotels & Resorts by 66.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock worth $240,017,000 after purchasing an additional 5,466,629 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Host Hotels & Resorts by 0.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,370,135 shares of the company’s stock worth $181,685,000 after purchasing an additional 69,198 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Host Hotels & Resorts by 537.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company’s stock worth $121,318,000 after purchasing an additional 5,811,722 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have issued reports on HST shares. Stifel Nicolaus decreased their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Raymond James decreased their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. UBS Group decreased their target price on shares of 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. Finally, Wells Fargo & Company decreased 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 report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.54.
Host Hotels & Resorts Trading Up 3.4 %
NASDAQ HST opened at $16.33 on Friday. Host Hotels & Resorts, Inc. has a one year low of $15.65 and a one year high of $21.27. The company’s 50 day moving average price is $16.79 and its 200 day moving average price is $17.46. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The firm has a market capitalization of $11.42 billion, a price-to-earnings ratio of 16.49 and a beta of 1.30.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.15 by $0.29. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. On average, sell-side analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.
Host Hotels & Resorts Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.90%. Host Hotels & Resorts’s dividend payout ratio is currently 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.
Read More
- Five stocks we like better than Host Hotels & Resorts
- What is a Special Dividend?
- Is Myers Industries Poised for a Breakout?
- Mastering Discipline: Overcoming Emotional Challenges In Trading
- Is BigBear.ai’s 25% Plunge a False Alarm or Fire Sale?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Broadcom Confirmed Its AI Outlook: Stock to Hit New Highs Soon
Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report).
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.