Landscape Capital Management L.L.C. Buys 21,651 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Landscape Capital Management L.L.C. boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 79.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 49,037 shares of the company's stock after buying an additional 21,651 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Host Hotels & Resorts were worth $859,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. National Pension Service purchased a new position in Host Hotels & Resorts during the 4th quarter valued at about $26,000. Jones Financial Companies Lllp lifted its position in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock valued at $28,000 after acquiring an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of 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 valued at $36,000 after acquiring an additional 991 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in Host Hotels & Resorts during the fourth quarter valued at $40,000. Finally, Eastern Bank bought a new position in Host Hotels & Resorts in the fourth quarter worth approximately $45,000. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST traded up $0.26 during mid-day trading on Friday, reaching $13.71. 12,300,960 shares of the company's stock traded hands, compared to its average volume of 7,897,923. The business's 50-day moving average price is $15.28 and its 200-day moving average price is $16.88. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The stock has a market capitalization of $9.58 billion, a P/E ratio of 13.85 and a beta of 1.26. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $20.33.

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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 for the quarter, beating analysts' consensus estimates of $0.15 by $0.29. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. Equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is 80.81%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HST shares. Citigroup cut their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a research note on Monday, March 17th. Raymond James dropped their price target on shares of 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. UBS Group reduced their target price 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. Morgan Stanley upgraded Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and lowered their target price for the stock from $16.00 to $15.00 in a report on Friday, March 21st. Finally, Jefferies Financial Group lowered Host Hotels & Resorts from a "buy" rating to a "hold" rating and lowered their target price for the stock from $20.00 to $14.00 in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $19.17.

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.