New Age Alpha Advisors LLC Buys New Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

New Age Alpha Advisors LLC purchased a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 102,747 shares of the company’s stock, valued at approximately $1,800,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. National Pension Service bought a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at about $26,000. Jones Financial Companies Lllp lifted its stake in Host Hotels & Resorts by 202.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after buying an additional 1,088 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after buying an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter worth approximately $40,000. Finally, Eastern Bank bought a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at $45,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HST shares. Citigroup reduced 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. Morgan Stanley raised Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $15.00 in a research report on Friday, March 21st. Compass Point lowered Host Hotels & Resorts from a “buy” rating to a “neutral” rating and cut their price target for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Wells Fargo & Company decreased their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. Finally, Truist Financial lowered their target price 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. 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’s stock. According to MarketBeat, Host Hotels & Resorts currently has an average rating of “Hold” and an average price target of $19.54.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $14.27 on Monday. The company has a fifty day moving average price of $16.07 and a 200-day moving average price of $17.23. The firm has a market cap of $9.98 billion, a price-to-earnings ratio of 14.41 and a beta of 1.30. 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, Inc. has a 1 year low of $14.15 and a 1 year high of $20.85.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. As a group, equities research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.61%. 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.