Czech National Bank Buys 8,742 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Czech National Bank raised its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 6.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 143,094 shares of the company’s stock after purchasing an additional 8,742 shares during the quarter. Czech National Bank’s holdings in Host Hotels & Resorts were worth $2,518,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Bessemer Group Inc. increased its stake in shares of Host Hotels & Resorts by 645.5% in the 1st quarter. Bessemer Group Inc. now owns 64,416 shares of the company’s stock valued at $1,331,000 after buying an additional 55,775 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in shares of Host Hotels & Resorts by 4.7% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 1,888,031 shares of the company’s stock valued at $39,037,000 after buying an additional 84,687 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of Host Hotels & Resorts by 9.4% in the 1st quarter. Mitsubishi UFJ Trust & Banking Corp now owns 644,866 shares of the company’s stock valued at $13,344,000 after buying an additional 55,654 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Host Hotels & Resorts by 11.3% in the 1st quarter. BNP Paribas Financial Markets now owns 1,466,275 shares of the company’s stock valued at $30,323,000 after buying an additional 149,057 shares during the period. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Host Hotels & Resorts by 23.9% in the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 204,246 shares of the company’s stock valued at $4,224,000 after buying an additional 39,340 shares during the period. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $17.81 on Friday. The stock’s fifty day moving average price is $17.25 and its two-hundred day moving average price is $18.06. The firm has a market cap of $12.51 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32. Host Hotels & Resorts, Inc. has a one year low of $14.92 and a one year high of $21.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.55 and a quick ratio of 4.55.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.49%. The ex-dividend date is Monday, September 30th. Host Hotels & Resorts’s dividend payout ratio is presently 74.77%.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on HST shares. Evercore ISI decreased their price objective on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Tuesday, August 13th. Truist Financial decreased their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, September 4th. Oppenheimer decreased their price objective on Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, August 12th. Stifel Nicolaus decreased their price objective on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, August 1st. Finally, Robert W. Baird decreased their price objective on Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, August 5th. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

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.