Natixis Advisors LLC Raises Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Natixis Advisors LLC lifted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 12.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 369,380 shares of the company's stock after acquiring an additional 39,719 shares during the period. Natixis Advisors LLC owned 0.05% of Host Hotels & Resorts worth $6,472,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position 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 buying an additional 5,811,722 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of Host Hotels & Resorts by 66.9% during the third 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 in the last quarter. KBC Group NV raised its position in shares of Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company's stock valued at $98,305,000 after purchasing an additional 3,412,589 shares during the last quarter. Duff & Phelps Investment Management Co. boosted its stake in Host Hotels & Resorts by 92.9% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company's stock worth $48,652,000 after purchasing an additional 1,331,407 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Host Hotels & Resorts during the 4th quarter worth approximately $17,586,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

A number of research analysts have issued reports on HST shares. UBS Group decreased 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 report on Tuesday, January 28th. Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Morgan Stanley raised Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and cut their price objective for the company from $16.00 to $15.00 in a report on Friday, March 21st. Raymond James decreased their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Finally, Citigroup cut their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a report on Monday, March 17th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $19.54.

Host Hotels & Resorts Stock Performance

HST traded up $0.01 on Wednesday, reaching $14.81. The stock had a trading volume of 8,612,455 shares, compared to its average volume of 7,101,467. The business's 50-day moving average price is $16.23 and its two-hundred day moving average price is $17.28. The company has a market cap of $10.35 billion, a P/E ratio of 14.96 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 12-month low of $14.25 and a 12-month high of $20.85. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results 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. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. Sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.40%. Host Hotels & Resorts's dividend payout ratio (DPR) 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.