Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Acquired by Ieq Capital LLC

Ieq Capital LLC increased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 7.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,281 shares of the company’s stock after buying an additional 899 shares during the period. Ieq Capital LLC’s holdings in Host Hotels & Resorts were worth $233,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after buying an additional 991 shares during the last quarter. Kestra Investment Management LLC acquired a new position in Host Hotels & Resorts in the fourth quarter worth about $40,000. Eastern Bank bought a new stake in Host Hotels & Resorts in the fourth quarter valued at about $45,000. Farther Finance Advisors LLC raised its stake in Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after buying an additional 867 shares in the last quarter. Finally, Catalyst Capital Advisors LLC bought a new position in Host Hotels & Resorts during the 4th quarter worth approximately $57,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HST shares. Raymond James lowered their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. UBS Group decreased their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Stifel Nicolaus dropped their price objective on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Finally, Wells Fargo & Company decreased their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $20.54.

Host Hotels & Resorts Price Performance

Shares of HST opened at $16.13 on Friday. The firm has a market capitalization of $11.28 billion, a price-to-earnings ratio of 16.29 and a beta of 1.30. The stock’s fifty day moving average is $16.97 and its 200-day moving average is $17.47. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.15 by $0.29. The firm 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 anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.96%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio 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.