2,275 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Bought by Kestra Investment Management LLC

Kestra Investment Management LLC bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,275 shares of the company’s stock, valued at approximately $40,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB boosted 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. Eastern Bank purchased a new stake in Host Hotels & Resorts during the fourth quarter valued at about $45,000. Farther Finance Advisors LLC boosted its position in Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after buying an additional 867 shares during the period. Catalyst Capital Advisors LLC purchased a new stake in Host Hotels & Resorts during the fourth quarter valued at about $57,000. Finally, Signaturefd LLC boosted its position in Host Hotels & Resorts by 50.5% during the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after buying an additional 1,198 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HST shares. Stifel Nicolaus cut their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research report on Friday, November 22nd. StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Wells Fargo & Company dropped their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. Raymond James dropped their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. Finally, UBS Group dropped their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $20.54.

Host Hotels & Resorts Price Performance

HST stock opened at $16.34 on Friday. Host Hotels & Resorts, Inc. has a 1 year low of $15.71 and a 1 year high of $21.31. The company has a market cap of $11.42 billion, a P/E ratio of 16.51 and a beta of 1.30. The firm has a 50-day moving average of $17.18 and a 200 day moving average of $17.48. 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 released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. On average, sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio is 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.