Resonant Capital Advisors LLC Has $255,000 Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Resonant Capital Advisors LLC raised its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 27.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,300 shares of the company’s stock after buying an additional 3,052 shares during the period. Resonant Capital Advisors LLC’s holdings in Host Hotels & Resorts were worth $255,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in HST. Everett Harris & Co. CA boosted its stake in Host Hotels & Resorts by 8.5% in the third quarter. Everett Harris & Co. CA now owns 38,233 shares of the company’s stock worth $673,000 after purchasing an additional 3,000 shares in the last quarter. Blue Trust Inc. lifted its holdings in Host Hotels & Resorts by 626.1% during the 3rd quarter. Blue Trust Inc. now owns 10,696 shares of the company’s stock worth $192,000 after buying an additional 9,223 shares in the last quarter. Vert Asset Management LLC lifted its stake in shares of Host Hotels & Resorts by 0.9% during the third quarter. Vert Asset Management LLC now owns 282,768 shares of the company’s stock valued at $4,977,000 after acquiring an additional 2,418 shares during the period. V Square Quantitative Management LLC raised its holdings in Host Hotels & Resorts by 14.8% during the 3rd quarter. V Square Quantitative Management LLC now owns 15,756 shares of the company’s stock worth $277,000 after purchasing an additional 2,028 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Host Hotels & Resorts by 3.5% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 203,266 shares of the company’s stock valued at $3,577,000 after purchasing an additional 6,839 shares during the period. 98.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Evercore ISI lowered their price target on shares of Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a research report on Tuesday, August 13th. Oppenheimer lowered 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. Stifel Nicolaus cut their price target on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday, August 1st. Robert W. Baird reduced their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, August 5th. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $18.00 to $22.00 in a report on Thursday, October 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.27.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $17.63 on Tuesday. The firm’s 50 day moving average price is $17.46 and its two-hundred day moving average price is $17.93. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.55 and a current ratio of 4.55. Host Hotels & Resorts, Inc. has a twelve month low of $14.92 and a twelve month high of $21.31. The firm has a market cap of $12.43 billion, a P/E ratio of 17.28, a PEG ratio of 1.56 and a beta of 1.32.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.54%. The ex-dividend date was Monday, September 30th. Host Hotels & Resorts’s payout ratio is presently 78.43%.

Host Hotels & Resorts Company 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.