Banque Cantonale Vaudoise Acquires 31,261 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Banque Cantonale Vaudoise grew its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 193.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,437 shares of the company's stock after buying an additional 31,261 shares during the period. Banque Cantonale Vaudoise's holdings in Host Hotels & Resorts were worth $835,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LSV Asset Management raised its holdings in Host Hotels & Resorts by 11.7% during the 2nd quarter. LSV Asset Management now owns 9,189,000 shares of the company's stock valued at $165,218,000 after acquiring an additional 965,100 shares during the period. Daiwa Securities Group Inc. boosted its stake in Host Hotels & Resorts by 6.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 8,170,699 shares of the company's stock worth $146,909,000 after purchasing an additional 489,415 shares during the period. Skandinaviska Enskilda Banken AB publ grew its holdings in Host Hotels & Resorts by 20.2% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company's stock valued at $143,169,000 after buying an additional 1,339,458 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Host Hotels & Resorts by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 5,785,001 shares of the company's stock valued at $104,014,000 after buying an additional 63,669 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Host Hotels & Resorts by 2.0% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,768,029 shares of the company's stock worth $66,317,000 after buying an additional 73,198 shares in the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded up $0.36 during trading hours on Friday, reaching $18.25. The company had a trading volume of 6,184,087 shares, compared to its average volume of 6,803,896. The firm has a market cap of $12.76 billion, a price-to-earnings ratio of 17.72, a PEG ratio of 1.57 and a beta of 1.32. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm's 50 day moving average price is $17.79 and its 200-day moving average price is $17.67. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. Host Hotels & Resorts's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 EPS. On average, analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.38%. The ex-dividend date was Monday, September 30th. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 77.67%.

Analysts Set New Price Targets

HST has been the topic of a number of research analyst reports. UBS Group decreased their target price on Host Hotels & Resorts from $20.00 to $19.00 and set a "neutral" rating on the stock in a research note on Friday, November 15th. StockNews.com downgraded shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Stifel Nicolaus dropped 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 report on Friday. Compass Point raised shares of Host Hotels & Resorts from a "neutral" rating to a "buy" rating and increased their price target for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Finally, Wells Fargo & Company dropped their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an "overweight" rating for the company in a report on Friday, September 13th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.18.

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.