19,086 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Purchased by B. Metzler seel. Sohn & Co. Holding AG

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 19,086 shares of the company’s stock, valued at approximately $336,000.

Several other institutional investors have also recently made changes to their positions in HST. Banque Cantonale Vaudoise increased its stake in shares of Host Hotels & Resorts by 193.3% during the 3rd quarter. Banque Cantonale Vaudoise now owns 47,437 shares of the company’s stock worth $835,000 after purchasing an additional 31,261 shares during the last quarter. Caprock Group LLC increased its position in Host Hotels & Resorts by 412.3% during the third quarter. Caprock Group LLC now owns 93,268 shares of the company’s stock worth $1,660,000 after buying an additional 75,062 shares during the last quarter. LMR Partners LLP bought a new stake in Host Hotels & Resorts in the third quarter valued at approximately $4,775,000. GLOBALT Investments LLC GA acquired a new stake in shares of Host Hotels & Resorts in the third quarter valued at approximately $561,000. Finally, Swiss National Bank boosted its stake in shares of Host Hotels & Resorts by 0.4% during the 3rd quarter. Swiss National Bank now owns 2,091,679 shares of the company’s stock worth $36,814,000 after acquiring an additional 8,700 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Wells Fargo & Company dropped their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating on the stock in a research report on Friday, September 13th. Oppenheimer reduced their target price on shares of Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, August 12th. Truist Financial lowered their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday, September 4th. Finally, UBS Group reduced their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, November 15th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.18.

Host Hotels & Resorts Trading Up 2.0 %

Shares of Host Hotels & Resorts stock opened at $18.25 on Monday. The firm’s 50 day moving average is $17.79 and its 200 day moving average is $17.66. The firm has a market capitalization of $12.76 billion, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.62 and a beta of 1.32. Host Hotels & Resorts, Inc. has a 1 year low of $15.71 and a 1 year high of $21.31. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $1.29 billion. During the same period in the previous year, the firm posted $0.41 EPS. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.38%. Host Hotels & Resorts’s dividend payout ratio is 77.67%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.