Xponance Inc. Buys 127,543 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Xponance Inc. increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 130.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,997 shares of the company's stock after purchasing an additional 127,543 shares during the period. Xponance Inc.'s holdings in Host Hotels & Resorts were worth $3,942,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Swiss National Bank raised its stake in shares of Host Hotels & Resorts by 0.4% in the third quarter. Swiss National Bank now owns 2,091,679 shares of the company's stock worth $36,814,000 after purchasing an additional 8,700 shares during the last quarter. Caprock Group LLC raised its position in Host Hotels & Resorts by 412.3% in the 3rd quarter. Caprock Group LLC now owns 93,268 shares of the company's stock worth $1,660,000 after buying an additional 75,062 shares during the last quarter. Banque Cantonale Vaudoise lifted its stake in Host Hotels & Resorts by 193.3% during the 3rd quarter. Banque Cantonale Vaudoise now owns 47,437 shares of the company's stock valued at $835,000 after acquiring an additional 31,261 shares during the period. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Host Hotels & Resorts in the third quarter worth approximately $336,000. Finally, Advisors Asset Management Inc. raised its holdings in shares of Host Hotels & Resorts by 11.6% during the third quarter. Advisors Asset Management Inc. now owns 18,517 shares of the company's stock valued at $326,000 after purchasing an additional 1,929 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

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Host Hotels & Resorts Price Performance

Shares of NASDAQ HST traded down $0.22 during midday trading on Tuesday, reaching $14.80. The stock had a trading volume of 5,701,506 shares, compared to its average volume of 7,090,046. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of 14.95 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 12-month low of $14.25 and a 12-month high of $20.98. The stock has a 50-day moving average of $16.28 and a 200-day moving average of $17.29. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

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

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 5.41%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 80.81%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on HST shares. Raymond James dropped their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Morgan Stanley upgraded Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and dropped their price target for the stock from $16.00 to $15.00 in a research note on Friday. Truist Financial reduced their price objective on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a research report on Friday. Compass Point cut Host Hotels & Resorts from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Finally, Citigroup reduced 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. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, Host Hotels & Resorts has an average rating of "Hold" and an average target price of $19.54.

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.