LSV Asset Management Grows Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

LSV Asset Management boosted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,068,300 shares of the company's stock after acquiring an additional 734,100 shares during the period. LSV Asset Management owned 1.30% of Host Hotels & Resorts worth $158,877,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of HST. Rockefeller Capital Management L.P. lifted its holdings in shares of Host Hotels & Resorts by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 27,882 shares of the company's stock valued at $492,000 after purchasing an additional 1,292 shares during the last quarter. Quantinno Capital Management LP increased its position in shares of Host Hotels & Resorts by 2.0% during the third quarter. Quantinno Capital Management LP now owns 55,818 shares of the company's stock valued at $982,000 after acquiring an additional 1,121 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in Host Hotels & Resorts by 92.2% during the 3rd quarter. EP Wealth Advisors LLC now owns 36,344 shares of the company's stock valued at $640,000 after purchasing an additional 17,436 shares during the last quarter. MML Investors Services LLC raised its stake in shares of Host Hotels & Resorts by 18.8% in the third quarter. MML Investors Services LLC now owns 201,292 shares of the company's stock worth $3,543,000 after purchasing an additional 31,919 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of Host Hotels & Resorts by 1.9% during the third quarter. Nomura Asset Management Co. Ltd. now owns 1,097,502 shares of the company's stock valued at $19,316,000 after buying an additional 20,629 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

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Analyst Upgrades and Downgrades

HST has been the topic of a number of recent analyst reports. UBS Group dropped their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Raymond James cut 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. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the stock from $20.00 to $14.00 in a research note on Wednesday, April 9th. Truist Financial dropped their target price on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research report on Friday, March 21st. Finally, Citigroup lowered their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research note on Monday, March 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $19.17.

Host Hotels & Resorts Price Performance

Shares of HST traded down $0.13 during mid-day trading on Tuesday, hitting $13.65. 2,786,930 shares of the stock were exchanged, compared to its average volume of 7,909,133. 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 company has a market cap of $9.46 billion, a PE ratio of 13.79 and a beta of 1.26. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $20.22. The firm has a 50-day moving average of $15.23 and a two-hundred day moving average of $16.84.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $1.37 billion. On average, 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 business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.86%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's payout ratio is 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.