Entropy Technologies LP Purchases New Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Entropy Technologies LP purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 82,310 shares of the company's stock, valued at approximately $1,442,000.

Other institutional investors also recently modified their holdings of the company. Empowered Funds LLC bought a new stake in Host Hotels & Resorts during the fourth quarter worth about $312,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Host Hotels & Resorts by 4.1% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 211,549 shares of the company's stock worth $3,706,000 after acquiring an additional 8,283 shares in the last quarter. Vanderbilt University raised its holdings in Host Hotels & Resorts by 7.4% during the fourth quarter. Vanderbilt University now owns 58,366 shares of the company's stock worth $1,023,000 after acquiring an additional 4,007 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Host Hotels & Resorts by 24.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 107,104 shares of the company's stock worth $1,921,000 after acquiring an additional 20,886 shares in the last quarter. Finally, Retirement Systems of Alabama raised its holdings in Host Hotels & Resorts by 0.3% during the fourth quarter. Retirement Systems of Alabama now owns 557,581 shares of the company's stock worth $9,769,000 after acquiring an additional 1,624 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock traded up $0.11 on Thursday, hitting $16.42. The stock had a trading volume of 3,968,216 shares, compared to its average volume of 7,400,320. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The business's 50 day moving average is $17.44 and its two-hundred day moving average is $17.48. 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 stock has a market cap of $11.48 billion, a price-to-earnings ratio of 15.94 and a beta of 1.30.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.87%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts's payout ratio is 77.67%.

Wall Street Analyst Weigh In

HST has been the topic of several analyst reports. Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and upped their target price for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Wells Fargo & Company boosted their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an "overweight" rating in a research report on Monday, December 9th. Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research report on Friday, November 22nd. UBS Group lowered their price target on 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, StockNews.com downgraded Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $20.96.

Host Hotels & Resorts Profile

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.