Leeward Investments LLC MA Purchases 15,331 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Leeward Investments LLC MA boosted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 330,403 shares of the company’s stock after buying an additional 15,331 shares during the period. Leeward Investments LLC MA’s holdings in Host Hotels & Resorts were worth $6,833,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HST. Miller Howard Investments Inc. NY acquired a new stake in Host Hotels & Resorts during the fourth quarter valued at approximately $38,873,000. Atlantic Edge Private Wealth Management LLC bought a new position in Host Hotels & Resorts in the 4th quarter valued at $1,214,000. Illinois Municipal Retirement Fund grew its holdings in shares of Host Hotels & Resorts by 61.1% during the fourth quarter. Illinois Municipal Retirement Fund now owns 662,269 shares of the company’s stock worth $12,894,000 after purchasing an additional 251,112 shares during the last quarter. Victory Capital Management Inc. raised its holdings in shares of Host Hotels & Resorts by 7.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,710,175 shares of the company’s stock valued at $33,297,000 after buying an additional 120,555 shares during the last quarter. Finally, Gillson Capital LP bought a new position in shares of Host Hotels & Resorts in the fourth quarter worth about $9,344,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on HST shares. Barclays dropped their price objective on shares of Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, May 30th. UBS Group cut their target price on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, April 19th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, March 21st. Truist Financial cut their price objective on shares of Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating on the stock in a report on Thursday, May 30th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $22.00 price objective on shares of Host Hotels & Resorts in a research note on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $21.36.

Insider Activity at Host Hotels & Resorts

In related news, Director Walter C. Rakowich sold 3,896 shares of the stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $18.64, for a total transaction of $72,621.44. Following the completion of the sale, the director now directly owns 64,457 shares of the company’s stock, valued at approximately $1,201,478.48. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 1.30% of the stock is owned by insiders.

Host Hotels & Resorts Trading Down 0.7 %

Host Hotels & Resorts stock traded down $0.12 during mid-day trading on Friday, hitting $17.56. 100,673 shares of the company’s stock were exchanged, compared to its average volume of 6,002,472. The company’s 50 day simple moving average is $18.22 and its 200-day simple moving average is $19.36. The company has a quick ratio of 6.66, a current ratio of 6.66 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $12.38 billion, a P/E ratio of 17.33, a PEG ratio of 1.55 and a beta of 1.33. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $21.31.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend is Friday, June 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 78.43%.

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.