Mediolanum International Funds Ltd Boosts Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Mediolanum International Funds Ltd grew its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 13.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 268,695 shares of the company's stock after purchasing an additional 31,359 shares during the quarter. Mediolanum International Funds Ltd's holdings in Host Hotels & Resorts were worth $4,766,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp grew its position in Host Hotels & Resorts by 1.9% during the third quarter. State Street Corp now owns 51,243,563 shares of the company's stock worth $912,056,000 after buying an additional 950,431 shares in the last quarter. Geode Capital Management LLC raised its stake in Host Hotels & Resorts by 1.0% during the third quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company's stock worth $331,698,000 after buying an additional 180,904 shares during the last quarter. Daiwa Securities Group Inc. lifted its position 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 valued at $240,017,000 after acquiring an additional 5,466,629 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in Host Hotels & Resorts by 1.8% in the third 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 grew its holdings in shares of Host Hotels & Resorts by 537.4% during the third 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 buying an additional 5,811,722 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

Shares of Host Hotels & Resorts stock traded up $0.07 during trading hours on Friday, hitting $16.71. The company's stock had a trading volume of 11,268,488 shares, compared to its average volume of 6,395,224. The company has a market cap of $11.68 billion, a PE ratio of 16.22 and a beta of 1.31. The business has a 50 day moving average price of $17.79 and a two-hundred day moving average price of $17.56. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. Host Hotels & Resorts, Inc. has a 12-month low of $15.71 and a 12-month high of $21.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.24). The firm had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company's revenue was up 8.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. Analysts expect that Host Hotels & Resorts, Inc. will post 1.92 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.79%. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 77.67%.

Wall Street Analysts Forecast Growth

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

About Host Hotels & Resorts

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.