Waterloo Capital L.P. Invests $1.87 Million in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Waterloo Capital L.P. acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 106,842 shares of the company's stock, valued at approximately $1,872,000.

A number of other hedge funds have also recently made changes to their positions in the business. Cerity Partners LLC raised its holdings in Host Hotels & Resorts by 23.0% in the 3rd quarter. Cerity Partners LLC now owns 30,944 shares of the company's stock worth $545,000 after acquiring an additional 5,778 shares during the last quarter. Rockefeller Capital Management L.P. grew its holdings in Host Hotels & Resorts by 4.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 27,882 shares of the company's stock valued at $492,000 after buying an additional 1,292 shares in the last quarter. Verition Fund Management LLC increased its holdings in Host Hotels & Resorts by 123.4% in the 3rd quarter. Verition Fund Management LLC now owns 65,681 shares of the company's stock valued at $1,156,000 after acquiring an additional 36,278 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Host Hotels & Resorts in the third quarter worth about $540,000. Finally, Quantinno Capital Management LP grew its holdings in Host Hotels & Resorts by 2.0% during the 3rd quarter. Quantinno Capital Management LP now owns 55,818 shares of the company's stock valued at $982,000 after buying an additional 1,121 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

HST has been the topic of a number of research reports. Jefferies Financial Group downgraded shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and reduced their target price for the stock from $20.00 to $14.00 in a report on Wednesday. Wells Fargo & Company reduced their price target 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. Citigroup decreased their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a research report on Monday, March 17th. Compass Point downgraded shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price objective for the company from $20.00 to $18.00 in a report on Monday, March 10th. Finally, Raymond James decreased their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Two 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, the company presently has a consensus rating of "Hold" and an average price target of $19.17.

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Host Hotels & Resorts Stock Up 1.9 %

HST traded up $0.26 during trading on Friday, reaching $13.71. The company had a trading volume of 12,300,960 shares, compared to its average volume of 7,897,923. The company has a market cap of $9.58 billion, a P/E ratio of 13.85 and a beta of 1.26. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $20.33. The business's fifty day moving average price is $15.28 and its 200 day moving average price is $16.88.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted 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 return on equity of 10.37% and a net margin of 12.26%. The business had revenue of $1.43 billion during the quarter, compared to analysts' expectations of $1.37 billion. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.84%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio 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.