Atlantic Edge Private Wealth Management LLC Raises Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 74,014 shares of the company’s stock after buying an additional 746 shares during the quarter. Atlantic Edge Private Wealth Management LLC’s holdings in Host Hotels & Resorts were worth $1,297,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of HST. State Street Corp lifted its holdings in shares of Host Hotels & Resorts by 1.9% in the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after acquiring an additional 950,431 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Host Hotels & Resorts by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company’s stock worth $331,698,000 after buying an additional 180,904 shares during the last quarter. Daiwa Securities Group Inc. grew its position in shares of Host Hotels & Resorts by 66.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock worth $240,017,000 after buying an additional 5,466,629 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Host Hotels & Resorts by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,300,937 shares of the company’s stock worth $181,296,000 after purchasing an additional 181,103 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Host Hotels & Resorts by 537.4% in 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. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Price Performance

HST stock opened at $16.55 on Tuesday. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31. The stock’s 50 day moving average is $17.57 and its two-hundred day moving average is $17.51. The company has a market capitalization of $11.57 billion, a PE ratio of 16.07 and a beta of 1.30.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.83%. Host Hotels & Resorts’s payout ratio is currently 77.67%.

Analyst Ratings Changes

HST has been the subject of several recent research reports. 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 upped their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Stifel Nicolaus lowered their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. UBS Group decreased their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Finally, Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $20.96.

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.