Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. raised its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 86.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 475,256 shares of the company's stock after buying an additional 220,357 shares during the period. Van Lanschot Kempen Investment Management N.V. owned about 0.07% of Host Hotels & Resorts worth $8,326,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of HST. Private Advisor Group LLC acquired a new stake in Host Hotels & Resorts during the 4th quarter worth approximately $375,000. Avanza Fonder AB acquired a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at $1,457,000. Vert Asset Management LLC raised its stake in shares of Host Hotels & Resorts by 9.4% in the fourth quarter. Vert Asset Management LLC now owns 309,446 shares of the company's stock valued at $5,421,000 after acquiring an additional 26,678 shares in the last quarter. IFP Advisors Inc boosted its holdings in Host Hotels & Resorts by 716.4% in the fourth quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock valued at $50,000 after purchasing an additional 2,493 shares during the period. Finally, KBC Group NV grew its stake in Host Hotels & Resorts by 155.2% during the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company's stock worth $98,305,000 after purchasing an additional 3,412,589 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Performance

NASDAQ HST traded down $0.05 on Friday, reaching $13.88. The stock had a trading volume of 5,064,411 shares, compared to its average volume of 7,982,363. The stock has a market cap of $9.62 billion, a P/E ratio of 14.02 and a beta of 1.26. Host Hotels & Resorts, Inc. has a 12-month low of $12.22 and a 12-month high of $19.87. The business's 50-day moving average price is $14.72 and its 200 day moving average price is $16.61. 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 (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $1.37 billion. As a group, equities analysts expect 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 declared a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HST shares. Jefferies Financial Group cut Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price objective for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th. Truist Financial decreased their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a research note 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 on the stock in a research report on Tuesday, February 18th. Morgan Stanley decreased their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a research report on Tuesday. Finally, Compass Point lowered Host Hotels & Resorts from a "buy" rating to a "neutral" rating and dropped their target price for the company from $20.00 to $18.00 in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $19.10.

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.