Schroder Investment Management Group Buys 107,162 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Schroder Investment Management Group lifted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,328,522 shares of the company's stock after buying an additional 107,162 shares during the quarter. Schroder Investment Management Group owned about 0.48% of Host Hotels & Resorts worth $58,183,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. National Pension Service bought a new position in Host Hotels & Resorts in the 4th quarter worth $26,000. Jones Financial Companies Lllp lifted its position in shares of Host Hotels & Resorts by 202.6% in the fourth 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 stake in shares of Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock worth $36,000 after acquiring an additional 991 shares during the period. Kestra Investment Management LLC purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter worth about $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts during the 4th quarter valued at approximately $45,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Trading Down 1.2 %

NASDAQ HST traded down $0.16 on Friday, hitting $13.14. 25,454,642 shares of the stock were exchanged, compared to its average volume of 7,628,523. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. Host Hotels & Resorts, Inc. has a 52-week low of $12.27 and a 52-week high of $20.73. The firm has a market capitalization of $9.19 billion, a P/E ratio of 13.27 and a beta of 1.26. The stock has a fifty day moving average price of $15.75 and a two-hundred day moving average price of $17.11.

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Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping 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 firm had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.37 billion. Research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 6.09%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts's payout ratio is currently 80.81%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Citigroup cut their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a report on Monday, March 17th. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their target price for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Truist Financial reduced their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Wells Fargo & Company dropped their price objective on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Finally, Morgan Stanley raised Host Hotels & Resorts from an "underweight" rating to an "equal weight" rating and reduced their target price for the stock from $16.00 to $15.00 in a report on Friday, March 21st. Two analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $19.54.

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.