Capital Fund Management S.A. Acquires 626,628 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Capital Fund Management S.A. increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 1,798.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 661,462 shares of the company's stock after acquiring an additional 626,628 shares during the quarter. Capital Fund Management S.A. owned about 0.09% of Host Hotels & Resorts worth $11,589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. National Pension Service purchased a new stake in shares of Host Hotels & Resorts during the 4th quarter worth approximately $26,000. Jones Financial Companies Lllp boosted its holdings in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock worth $28,000 after acquiring an additional 1,088 shares during the period. MassMutual Private Wealth & Trust FSB raised its position in shares of Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock valued at $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC bought a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at approximately $40,000. Finally, Eastern Bank acquired a new position in Host Hotels & Resorts during the 4th quarter valued at approximately $45,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Citigroup lowered their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Truist Financial lowered their target price on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Morgan Stanley raised shares of Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and dropped their price target for the stock from $16.00 to $15.00 in a research report on Friday, March 21st. UBS Group lowered their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Finally, Compass Point downgraded Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their target price for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of "Hold" and a consensus target price of $19.17.

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Host Hotels & Resorts Price Performance

HST traded down $0.19 during midday trading on Tuesday, hitting $13.59. The company had a trading volume of 8,300,142 shares, compared to its average volume of 7,940,037. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.87. The firm's 50-day simple moving average is $15.23 and its 200-day simple moving average is $16.84. The company has a market capitalization of $9.42 billion, a PE ratio of 13.73 and a beta of 1.26. 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 - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.29. The firm had revenue of $1.43 billion during 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 research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.89%. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

About Host Hotels & Resorts

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.