Czech National Bank Increases Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Czech National Bank boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 151,564 shares of the company’s stock after buying an additional 8,470 shares during the period. Czech National Bank’s holdings in Host Hotels & Resorts were worth $2,655,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Farther Finance Advisors LLC raised its holdings in shares of Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after purchasing an additional 867 shares during the last quarter. Signaturefd LLC grew its position in Host Hotels & Resorts by 50.5% during the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after purchasing an additional 1,198 shares during the period. Mendota Financial Group LLC grew its position in Host Hotels & Resorts by 27.1% during the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after purchasing an additional 842 shares during the period. Maryland Capital Advisors Inc. purchased a new position in shares of Host Hotels & Resorts during the 3rd quarter valued at about $90,000. Finally, Abich Financial Wealth Management LLC lifted its holdings in shares of Host Hotels & Resorts by 20.2% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 5,565 shares of the company’s stock valued at $100,000 after buying an additional 935 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Down 1.4 %

HST stock opened at $17.07 on Friday. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm has a 50-day simple moving average of $17.97 and a 200-day simple moving average of $17.63. The stock has a market capitalization of $11.93 billion, a P/E ratio of 16.57 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. Host Hotels & Resorts’s quarterly revenue was up 8.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 earnings per share. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.69%. Host Hotels & Resorts’s payout ratio is currently 77.67%.

Analysts Set New Price Targets

HST has been the topic of several analyst reports. UBS Group dropped their target price on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Stifel Nicolaus decreased their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Wells Fargo & Company increased their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Finally, Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $21.04.

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.