Vert Asset Management LLC Has $5.42 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Vert Asset Management LLC lifted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 9.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,446 shares of the company’s stock after purchasing an additional 26,678 shares during the period. Host Hotels & Resorts accounts for approximately 1.9% of Vert Asset Management LLC’s holdings, making the stock its 20th largest holding. Vert Asset Management LLC’s holdings in Host Hotels & Resorts were worth $5,421,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Host Hotels & Resorts by 66.9% during the third quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock worth $240,017,000 after acquiring an additional 5,466,629 shares during the period. KBC Group NV lifted its position in Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company’s stock valued at $98,305,000 after acquiring an additional 3,412,589 shares in the last quarter. Duff & Phelps Investment Management Co. lifted its position in Host Hotels & Resorts by 92.9% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company’s stock valued at $48,652,000 after acquiring an additional 1,331,407 shares in the last quarter. Finally, State Street Corp increased its holdings in 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 in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $17.17 on Tuesday. The company has a market cap of $12.00 billion, a P/E ratio of 16.67 and a beta of 1.31. The firm’s fifty day moving average price is $17.87 and its two-hundred day moving average price is $17.60. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the company posted $0.41 EPS. Equities analysts expect that Host Hotels & Resorts, Inc. will post 1.92 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a yield of 4.66%. Host Hotels & Resorts’s payout ratio is currently 77.67%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Stifel Nicolaus dropped their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a report on Friday, November 22nd. UBS Group reduced their price target on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, November 15th. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $21.04.

Host Hotels & Resorts 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.