Charles Schwab Investment Management Inc. Has $181.30 Million Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Charles Schwab Investment Management Inc. boosted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 1.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,300,937 shares of the company's stock after acquiring an additional 181,103 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.47% of Host Hotels & Resorts worth $181,296,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in HST. Assenagon Asset Management S.A. increased its stake in shares of Host Hotels & Resorts by 3.0% in the second quarter. Assenagon Asset Management S.A. now owns 19,858 shares of the company's stock worth $357,000 after purchasing an additional 584 shares during the period. D Orazio & Associates Inc. increased its stake in shares of Host Hotels & Resorts by 6.3% in the second quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company's stock valued at $197,000 after buying an additional 648 shares in the last quarter. Verdence Capital Advisors LLC grew its holdings in Host Hotels & Resorts by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company's stock worth $296,000 after acquiring an additional 784 shares during the last quarter. Quadrature Capital Ltd increased its holdings in shares of Host Hotels & Resorts by 3.0% in the first quarter. Quadrature Capital Ltd now owns 27,490 shares of the company's stock valued at $568,000 after purchasing an additional 790 shares in the last quarter. Finally, Inspire Investing LLC increased its stake in shares of Host Hotels & Resorts by 1.0% in the 3rd quarter. Inspire Investing LLC now owns 81,860 shares of the company's stock valued at $1,441,000 after buying an additional 812 shares during the period. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HST has been the subject of several analyst reports. UBS Group lowered their price target on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a "neutral" rating for the company in a research report on Friday, November 15th. Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and boosted their price target for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Robert W. Baird reduced their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "neutral" rating for the company in a report on Monday, August 5th. Stifel Nicolaus reduced their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating for the company in a research report on Friday. Finally, Evercore ISI lowered their target price on shares of Host Hotels & Resorts from $23.00 to $21.00 and set an "outperform" rating on the stock in a report on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $21.18.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock traded up $0.36 during trading on Friday, reaching $18.25. The company's stock had a trading volume of 6,184,088 shares, compared to its average volume of 7,509,475. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm has a market cap of $12.76 billion, a PE ratio of 17.72, a P/E/G ratio of 1.62 and a beta of 1.32. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31. The business's 50-day moving average price is $17.79 and its 200-day moving average price is $17.66.

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

Host Hotels & Resorts Dividend Announcement

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

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.