Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Acquired by Swedbank AB

Swedbank AB increased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 0.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 770,241 shares of the company’s stock after acquiring an additional 6,320 shares during the period. Swedbank AB’s holdings in Host Hotels & Resorts were worth $13,495,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB raised its position in Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after purchasing an additional 991 shares in the last quarter. Eastern Bank purchased a new stake in shares of Host Hotels & Resorts during the 4th quarter worth $45,000. Farther Finance Advisors LLC grew its stake in shares of Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after purchasing an additional 867 shares in the last quarter. Signaturefd LLC raised its stake in Host Hotels & Resorts by 50.5% in 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 in the last quarter. Finally, Mendota Financial Group LLC boosted its position in shares of Host Hotels & Resorts by 27.1% during the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after acquiring an additional 842 shares in the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HST has been the topic of several research analyst reports. Stifel Nicolaus cut their target price on 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. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Wells Fargo & Company lifted their price target 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. UBS Group decreased their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their target price 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 given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $20.96.

Host Hotels & Resorts Stock Up 0.4 %

HST opened at $16.71 on Friday. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31. The business has a 50 day moving average price of $17.79 and a two-hundred day moving average price of $17.57. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market cap of $11.68 billion, a PE ratio of 16.22 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the company earned $0.41 EPS. Host Hotels & Resorts’s revenue for the quarter was up 8.6% compared to the same quarter last year. As a group, research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.79%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s payout ratio is 77.67%.

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.