Aware Super Pty Ltd as trustee of Aware Super Takes $28.45 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,623,970 shares of the company's stock, valued at approximately $28,452,000. Aware Super Pty Ltd as trustee of Aware Super owned 0.23% of Host Hotels & Resorts at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Private Advisor Group LLC acquired a new position in Host Hotels & Resorts in the 4th quarter valued at $375,000. Avanza Fonder AB acquired a new position in Host Hotels & Resorts in the fourth quarter valued at about $1,457,000. Vert Asset Management LLC lifted its position in Host Hotels & Resorts by 9.4% during the fourth quarter. Vert Asset Management LLC now owns 309,446 shares of the company's stock worth $5,421,000 after purchasing an additional 26,678 shares during the period. IFP Advisors Inc grew its stake in Host Hotels & Resorts by 716.4% during the fourth quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock worth $50,000 after buying an additional 2,493 shares in the last quarter. Finally, KBC Group NV increased its holdings in Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company's stock valued at $98,305,000 after buying an additional 3,412,589 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Trading Up 1.9 %

Host Hotels & Resorts stock traded up $0.25 during mid-day trading on Friday, hitting $13.66. 5,532,413 shares of the stock were exchanged, compared to its average volume of 7,948,612. The stock has a market capitalization of $9.47 billion, a price-to-earnings ratio of 13.80 and a beta of 1.26. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.87. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The firm's fifty day simple moving average is $14.99 and its two-hundred day simple moving average is $16.74.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.29. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. Analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.86%. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Citigroup cut their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a report on Monday, March 17th. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and reduced their target price for the company from $20.00 to $14.00 in a report on Wednesday, April 9th. UBS Group dropped their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Truist Financial decreased their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Finally, Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $19.17.

Host Hotels & Resorts Company 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.