19,900 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Acquired by New England Research & Management Inc.

New England Research & Management Inc. purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,900 shares of the company's stock, valued at approximately $349,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB grew its position 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 worth $36,000 after buying an additional 991 shares during the period. Eastern Bank bought a new position in shares of Host Hotels & Resorts in the 4th quarter worth $45,000. Farther Finance Advisors LLC increased its holdings in Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock valued at $50,000 after purchasing an additional 867 shares during the last quarter. Signaturefd LLC lifted its stake in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company's stock valued at $63,000 after buying an additional 1,198 shares during the period. Finally, Mendota Financial Group LLC boosted its holdings in Host Hotels & Resorts by 27.1% during the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company's stock worth $70,000 after buying an additional 842 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HST shares. Compass Point upgraded shares of Host Hotels & Resorts from a "neutral" rating to a "buy" rating and increased their price target for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. StockNews.com lowered shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Thursday, November 14th. Wells Fargo & Company boosted 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. Stifel Nicolaus dropped their price objective 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. Finally, UBS Group decreased their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $20.96.

Host Hotels & Resorts Stock Up 0.9 %

HST stock traded up $0.15 during midday trading on Thursday, hitting $16.74. The company's stock had a trading volume of 4,308,670 shares, compared to its average volume of 6,952,094. The company's fifty day moving average price is $17.85 and its 200 day moving average price is $17.59. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The stock has a market capitalization of $11.70 billion, a P/E ratio of 16.26 and a beta of 1.31.

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

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.20 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.78%. Host Hotels & Resorts's dividend payout ratio is presently 77.67%.

Host Hotels & Resorts Company 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.