Versor Investments LP Has $813,000 Stock Holdings in Host Hotels & Resorts, Inc. $HST

Versor Investments LP lessened its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 55.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 52,949 shares of the company’s stock after selling 67,173 shares during the period. Versor Investments LP’s holdings in Host Hotels & Resorts were worth $813,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Invesco Ltd. lifted its position in shares of Host Hotels & Resorts by 11.1% during the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock worth $356,088,000 after purchasing an additional 2,503,550 shares during the last quarter. Centersquare Investment Management LLC lifted its position in shares of Host Hotels & Resorts by 1.7% during the 1st quarter. Centersquare Investment Management LLC now owns 11,235,809 shares of the company’s stock worth $159,661,000 after purchasing an additional 183,653 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Host Hotels & Resorts by 3.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,553,946 shares of the company’s stock worth $107,342,000 after purchasing an additional 227,202 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Host Hotels & Resorts by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock worth $74,027,000 after purchasing an additional 1,019,345 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of Host Hotels & Resorts during the 1st quarter worth about $69,989,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Up 0.7%

Shares of HST opened at $16.13 on Tuesday. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock has a 50 day simple moving average of $16.94 and a 200-day simple moving average of $16.02. The stock has a market cap of $11.09 billion, a PE ratio of 17.16 and a beta of 1.36.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.0%. Host Hotels & Resorts’s dividend payout ratio is presently 85.11%.

Wall Street Analysts Forecast Growth

Several research firms have commented on HST. Truist Financial upped their price target on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Wednesday, October 8th. Stifel Nicolaus upped their price target on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a report on Thursday, July 31st. Evercore ISI upped their price target on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Finally, Cantor Fitzgerald began coverage on Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $17.88.

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.