Catalyst Capital Advisors LLC Invests $57,000 in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Catalyst Capital Advisors LLC bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,265 shares of the company’s stock, valued at approximately $57,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. MassMutual Private Wealth & Trust FSB grew 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 worth $36,000 after purchasing an additional 991 shares in the last quarter. Eastern Bank bought a new stake in Host Hotels & Resorts in the 4th quarter worth about $45,000. Farther Finance Advisors LLC grew its position in Host Hotels & Resorts by 44.5% in the 3rd 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 grew its position in Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after purchasing an additional 1,198 shares in the last quarter. Finally, CENTRAL TRUST Co grew its position in Host Hotels & Resorts by 126,025.0% in the 4th quarter. CENTRAL TRUST Co now owns 5,045 shares of the company’s stock worth $88,000 after purchasing an additional 5,041 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $17.05 on Wednesday. The company’s fifty day moving average price is $17.30 and its 200-day moving average price is $17.48. The firm has a market capitalization of $11.92 billion, a price-to-earnings ratio of 16.55 and a beta of 1.30. 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 Announces Dividend

The business also recently declared 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 dividend on an annualized basis and a dividend yield of 4.69%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s payout ratio is 77.67%.

Analysts Set New Price Targets

HST has been the subject of a number of recent analyst reports. Raymond James reduced their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday. Stifel Nicolaus dropped their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. UBS Group dropped 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 note on Tuesday, January 28th. Finally, Wells Fargo & Company dropped their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $20.54.

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.