Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by National Bank of Canada FI

National Bank of Canada FI lifted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 130.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 826,901 shares of the company’s stock after buying an additional 468,339 shares during the quarter. National Bank of Canada FI’s holdings in Host Hotels & Resorts were worth $14,487,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in HST. Cerity Partners LLC lifted its stake in shares of Host Hotels & Resorts by 23.0% in the 3rd quarter. Cerity Partners LLC now owns 30,944 shares of the company’s stock worth $545,000 after acquiring an additional 5,778 shares during the period. Rockefeller Capital Management L.P. raised its holdings in Host Hotels & Resorts by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 27,882 shares of the company’s stock worth $492,000 after purchasing an additional 1,292 shares in the last quarter. Verition Fund Management LLC lifted its position in Host Hotels & Resorts by 123.4% in the third quarter. Verition Fund Management LLC now owns 65,681 shares of the company’s stock valued at $1,156,000 after purchasing an additional 36,278 shares during the period. Chevy Chase Trust Holdings LLC boosted its holdings in Host Hotels & Resorts by 7.5% in the 3rd quarter. Chevy Chase Trust Holdings LLC now owns 478,025 shares of the company’s stock valued at $8,413,000 after purchasing an additional 33,274 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. acquired a new position in Host Hotels & Resorts during the 3rd quarter worth approximately $540,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on HST shares. Truist Financial decreased their price target on Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating on the stock in a research note on Friday, March 21st. Wells Fargo & Company decreased 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 report on Tuesday, February 18th. Morgan Stanley raised shares of Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and lowered their price target for the stock from $16.00 to $15.00 in a research note on Friday, March 21st. Compass Point cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Finally, UBS Group lowered 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. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $19.54.

Host Hotels & Resorts Trading Down 1.2 %

Shares of HST opened at $13.14 on Friday. Host Hotels & Resorts, Inc. has a 1-year low of $12.27 and a 1-year high of $20.73. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The firm has a 50 day simple moving average of $15.75 and a 200-day simple moving average of $17.12. The stock has a market cap of $9.19 billion, a price-to-earnings ratio of 13.27 and a beta of 1.26.

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

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 6.09%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.81%.

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.