Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 186.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 52,203 shares of the company's stock after purchasing an additional 33,984 shares during the period. Janney Montgomery Scott LLC's holdings in Host Hotels & Resorts were worth $915,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. State Street Corp raised its stake in shares of Host Hotels & Resorts by 1.9% during the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company's stock worth $912,056,000 after acquiring an additional 950,431 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Host Hotels & Resorts by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company's stock worth $331,698,000 after acquiring an additional 180,904 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Host Hotels & Resorts by 66.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company's stock worth $240,017,000 after acquiring an additional 5,466,629 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Host Hotels & Resorts by 1.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,300,937 shares of the company's stock worth $181,296,000 after acquiring an additional 181,103 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Host Hotels & Resorts by 537.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company's stock valued at $121,318,000 after purchasing an additional 5,811,722 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HST shares. StockNews.com downgraded shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Wells Fargo & Company boosted their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. 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 research note on Thursday, October 17th. UBS Group dropped their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Finally, Stifel Nicolaus dropped their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research note on Friday, November 22nd. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $20.96.

Host Hotels & Resorts Price Performance

NASDAQ HST traded up $0.07 during trading hours on Friday, reaching $16.76. The company's stock had a trading volume of 8,154,135 shares, compared to its average volume of 7,533,193. The firm has a market capitalization of $11.72 billion, a price-to-earnings ratio of 16.27 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 1-year low of $15.71 and a 1-year high of $21.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The company's 50-day moving average is $17.61 and its two-hundred day moving average is $17.51.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly 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 business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The business's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.20 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.77%. Host Hotels & Resorts's payout ratio is 77.67%.

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.