Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Lifted by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 65.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,353,801 shares of the company's stock after buying an additional 537,411 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned 0.19% of Host Hotels & Resorts worth $23,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of HST. National Pension Service acquired a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $26,000. Jones Financial Companies Lllp boosted its position in Host Hotels & Resorts by 202.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock valued at $28,000 after purchasing an additional 1,088 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock worth $36,000 after buying an additional 991 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts in the fourth quarter worth $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts in the fourth quarter valued at $45,000. Institutional investors and hedge funds own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on HST. UBS Group lowered their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. Raymond James decreased their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Stifel Nicolaus cut their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a report on Friday, November 22nd. StockNews.com lowered Host Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Thursday, November 14th. Finally, Compass Point downgraded Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their target price for the company from $20.00 to $18.00 in a research note on Monday. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $20.21.

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Host Hotels & Resorts Trading Down 3.5 %

Shares of HST stock opened at $15.34 on Wednesday. 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 stock has a 50-day simple moving average of $16.68 and a 200 day simple moving average of $17.44. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.26 and a fifty-two week high of $21.27. The stock has a market capitalization of $10.72 billion, a P/E ratio of 15.49 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating 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 company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. On average, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.22%. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

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.

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