Sei Investments Co. Raises Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Sei Investments Co. increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 14.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,977,338 shares of the company’s stock after acquiring an additional 377,439 shares during the period. Sei Investments Co. owned about 0.43% of Host Hotels & Resorts worth $52,164,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. National Pension Service acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter worth approximately $26,000. Jones Financial Companies Lllp boosted its holdings in Host Hotels & Resorts by 202.6% during 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 in the last quarter. MassMutual Private Wealth & Trust FSB grew its position 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 valued at $36,000 after buying an additional 991 shares during the period. Kestra Investment Management LLC purchased a new position in Host Hotels & Resorts in the fourth quarter valued at $40,000. Finally, Eastern Bank acquired a new position in shares of Host Hotels & Resorts in the fourth quarter worth about $45,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Host Hotels & Resorts Stock Down 1.8 %

HST stock opened at $14.69 on Monday. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The firm has a 50-day moving average of $16.32 and a two-hundred day moving average of $17.31. Host Hotels & Resorts, Inc. has a 12 month low of $14.25 and a 12 month high of $20.98. The company has a market cap of $10.27 billion, a price-to-earnings ratio of 14.84 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) 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 during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal 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. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio is currently 80.81%.

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.