Vert Asset Management LLC Purchases 26,678 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Vert Asset Management LLC lifted its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 309,446 shares of the company's stock after purchasing an additional 26,678 shares during the quarter. Host Hotels & Resorts makes up about 1.9% of Vert Asset Management LLC's investment portfolio, making the stock its 20th largest position. Vert Asset Management LLC's holdings in Host Hotels & Resorts were worth $5,421,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 worth $121,318,000 after buying an additional 5,811,722 shares during the period. 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 worth $240,017,000 after buying an additional 5,466,629 shares during the period. KBC Group NV raised its position in 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. raised its position 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 valued at $48,652,000 after purchasing an additional 1,331,407 shares during the last quarter. Finally, State Street Corp raised its position in Host Hotels & Resorts by 1.9% in the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company's stock valued at $912,056,000 after purchasing an additional 950,431 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Analyst Ratings Changes

HST has been the subject of several research analyst reports. Wells Fargo & Company lifted their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an "overweight" rating in a research report on Monday, December 9th. StockNews.com downgraded Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. UBS Group cut their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Tuesday. Compass Point upgraded 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 report on Thursday, October 17th. Finally, Stifel Nicolaus dropped their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating for the company in a research report on Friday, November 22nd. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Host Hotels & Resorts has an average rating of "Hold" and an average target price of $20.96.

Host Hotels & Resorts Trading Up 0.0 %

Shares of Host Hotels & Resorts stock traded up $0.01 during trading on Friday, reaching $16.65. 5,369,310 shares of the company were exchanged, compared to its average volume of 7,135,726. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The business has a 50-day moving average price of $17.82 and a 200-day moving average price of $17.58. The firm has a market capitalization of $11.64 billion, a price-to-earnings ratio of 16.16 and a beta of 1.31.

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

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.81%. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 77.67%.

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.