Centersquare Investment Management LLC Has $193.63 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Centersquare Investment Management LLC grew its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 12.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,052,156 shares of the company's stock after purchasing an additional 1,213,970 shares during the period. Host Hotels & Resorts makes up about 2.0% of Centersquare Investment Management LLC's investment portfolio, making the stock its 18th largest position. Centersquare Investment Management LLC owned approximately 1.58% of Host Hotels & Resorts worth $193,634,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in HST. Pitcairn Co. grew its stake in Host Hotels & Resorts by 7.8% in the fourth quarter. Pitcairn Co. now owns 23,509 shares of the company's stock worth $412,000 after purchasing an additional 1,709 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Host Hotels & Resorts by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 19,253,516 shares of the company's stock worth $336,539,000 after buying an additional 350,634 shares during the last quarter. National Bank of Canada FI grew its position in shares of Host Hotels & Resorts by 130.6% in the 4th quarter. National Bank of Canada FI now owns 826,901 shares of the company's stock worth $14,487,000 after acquiring an additional 468,339 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Host Hotels & Resorts by 28.3% in the 4th quarter. Franklin Resources Inc. now owns 598,434 shares of the company's stock valued at $10,485,000 after acquiring an additional 131,910 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Host Hotels & Resorts by 3.3% during the 4th quarter. Schroder Investment Management Group now owns 3,328,522 shares of the company's stock valued at $58,183,000 after acquiring an additional 107,162 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

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Host Hotels & Resorts Price Performance

Shares of HST traded up $0.08 during mid-day trading on Wednesday, hitting $12.78. The company's stock had a trading volume of 4,472,837 shares, compared to its average volume of 7,747,138. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The firm has a 50-day moving average price of $15.50 and a 200 day moving average price of $16.99. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $20.73. The stock has a market capitalization of $8.93 billion, a price-to-earnings ratio of 12.88 and a beta of 1.26.

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

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.26%. Host Hotels & Resorts's dividend payout ratio (DPR) is 80.81%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Raymond James dropped their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Wells Fargo & Company dropped their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. Citigroup lowered 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 research report on Monday, March 17th. UBS Group cut their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. 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 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 issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $19.17.

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.