Caprock Group LLC Has $1.66 Million Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Caprock Group LLC boosted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 412.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,268 shares of the company's stock after purchasing an additional 75,062 shares during the quarter. Caprock Group LLC's holdings in Host Hotels & Resorts were worth $1,660,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Bessemer Group Inc. raised its stake in Host Hotels & Resorts by 645.5% during the 1st quarter. Bessemer Group Inc. now owns 64,416 shares of the company's stock valued at $1,331,000 after acquiring an additional 55,775 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Host Hotels & Resorts by 854.3% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 319,791 shares of the company's stock worth $5,750,000 after buying an additional 286,281 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Host Hotels & Resorts by 111.7% in the 1st quarter. Lazard Asset Management LLC now owns 1,642,387 shares of the company's stock worth $33,963,000 after buying an additional 866,530 shares in the last quarter. Swedbank AB bought a new stake in shares of Host Hotels & Resorts in the 1st quarter worth $15,509,000. Finally, PGGM Investments grew its holdings in shares of Host Hotels & Resorts by 2.0% in the 2nd quarter. PGGM Investments now owns 3,113,528 shares of the company's stock worth $55,981,000 after acquiring an additional 59,772 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

Shares of HST stock opened at $17.42 on Thursday. The stock has a 50 day moving average of $17.76 and a two-hundred day moving average of $17.68. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 12 month low of $15.71 and a 12 month high of $21.31. The company has a market capitalization of $12.18 billion, a P/E ratio of 16.91, a P/E/G ratio of 1.57 and a beta of 1.32.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts' consensus estimates of $0.36 by ($0.24). Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $0.41 EPS. Host Hotels & Resorts's revenue was up 8.6% compared to the same quarter last year. As a group, equities analysts expect that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.59%. Host Hotels & Resorts's payout ratio is presently 77.67%.

Analysts Set New Price Targets

HST has been the topic of a number of recent research 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 report on Friday, November 15th. Oppenheimer lowered their price target on Host Hotels & Resorts from $24.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, August 12th. Robert W. Baird lowered their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "neutral" rating on the stock in a report on Monday, August 5th. Evercore ISI lowered their price target on Host Hotels & Resorts from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Tuesday, August 13th. Finally, Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and boosted their target price for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $21.21.

Host Hotels & Resorts 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.