Mitsubishi UFJ Trust & Banking Corp Has $30.33 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 16.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,731,261 shares of the company's stock after purchasing an additional 243,161 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned 0.25% of Host Hotels & Resorts worth $30,332,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Meiji Yasuda Asset Management Co Ltd. raised its position in Host Hotels & Resorts by 40.3% during the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 116,234 shares of the company's stock valued at $2,036,000 after buying an additional 33,400 shares during the period. Prudential Financial Inc. increased its holdings in shares of Host Hotels & Resorts by 75.0% in the 4th quarter. Prudential Financial Inc. now owns 3,344,171 shares of the company's stock valued at $58,590,000 after purchasing an additional 1,432,772 shares during the period. LPL Financial LLC lifted its position in shares of Host Hotels & Resorts by 72.3% in the fourth quarter. LPL Financial LLC now owns 133,430 shares of the company's stock worth $2,338,000 after purchasing an additional 55,971 shares in the last quarter. Samalin Investment Counsel LLC acquired a new stake in shares of Host Hotels & Resorts during the fourth quarter worth approximately $187,000. Finally, Fox Run Management L.L.C. purchased a new position in Host Hotels & Resorts during the fourth quarter valued at approximately $525,000. Hedge funds and other institutional investors own 98.52% of the company's stock.

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Analyst Ratings Changes

HST has been the subject of a number of research reports. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their target price for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Wells Fargo & Company reduced their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Morgan Stanley raised Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and dropped their target price for the stock from $16.00 to $15.00 in a research report on Friday, March 21st. Raymond James cut their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. Finally, Truist Financial lowered their price target on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a research note on Friday, March 21st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $19.54.

Host Hotels & Resorts Stock Performance

Shares of HST stock traded down $0.06 during mid-day trading on Monday, reaching $14.21. The stock had a trading volume of 9,220,913 shares, compared to its average volume of 7,437,262. Host Hotels & Resorts, Inc. has a one year low of $13.83 and a one year high of $20.85. The firm has a market cap of $9.93 billion, a PE ratio of 14.35 and a beta of 1.30. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The firm's 50 day simple moving average is $16.01 and its 200 day simple moving average is $17.21.

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

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.63%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's payout ratio is 80.81%.

Host Hotels & Resorts Company 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.