Signaturefd LLC Has $88,000 Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Signaturefd LLC raised its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 40.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 5,031 shares of the company’s stock after purchasing an additional 1,460 shares during the quarter. Signaturefd LLC’s holdings in Host Hotels & Resorts were worth $88,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. National Pension Service acquired a new position in shares of Host Hotels & Resorts in the 4th quarter worth approximately $26,000. Jones Financial Companies Lllp raised its position in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Host Hotels & Resorts by 94.9% in the fourth 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. Kestra Investment Management LLC bought a new stake in shares of Host Hotels & Resorts during the fourth quarter worth $40,000. Finally, Eastern Bank acquired a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at $45,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

Shares of HST opened at $14.69 on Monday. The stock has a market cap of $10.27 billion, a P/E ratio of 14.84 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 1 year low of $14.25 and a 1 year high of $20.98. The stock’s 50-day moving average price is $16.32 and its two-hundred day moving average price is $17.31. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.45%. Host Hotels & Resorts’s dividend payout ratio is 80.81%.

Wall Street Analyst Weigh In

A number of brokerages have commented on HST. Citigroup decreased their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating on the stock in a report on Monday, March 17th. UBS Group decreased their price target 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. Raymond James dropped 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, February 18th. Morgan Stanley upgraded Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $15.00 in a research report on Friday. Finally, Compass Point downgraded Host Hotels & Resorts from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $19.54.

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.