KBC Group NV Has $98.31 Million Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

KBC Group NV raised its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 155.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,610,981 shares of the company’s stock after purchasing an additional 3,412,589 shares during the quarter. KBC Group NV owned approximately 0.80% of Host Hotels & Resorts worth $98,305,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Pacer Advisors Inc. raised its holdings in Host Hotels & Resorts by 4.7% during the 2nd quarter. Pacer Advisors Inc. now owns 50,461 shares of the company’s stock worth $907,000 after purchasing an additional 2,274 shares during the last quarter. Public Sector Pension Investment Board grew its position in shares of Host Hotels & Resorts by 17.3% during the 2nd quarter. Public Sector Pension Investment Board now owns 98,020 shares of the company’s stock worth $1,762,000 after buying an additional 14,436 shares during the period. Bank of Montreal Can raised its stake in shares of Host Hotels & Resorts by 10.7% during the second quarter. Bank of Montreal Can now owns 772,689 shares of the company’s stock worth $13,993,000 after buying an additional 74,780 shares during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Host Hotels & Resorts by 59.7% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 134,759 shares of the company’s stock valued at $2,420,000 after buying an additional 50,385 shares during the period. Finally, AXA S.A. boosted its stake in Host Hotels & Resorts by 785.0% in the second quarter. AXA S.A. now owns 127,296 shares of the company’s stock valued at $2,289,000 after acquiring an additional 112,912 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Down 2.8 %

HST stock opened at $16.94 on Monday. The stock has a market cap of $11.84 billion, a price-to-earnings ratio of 16.45 and a beta of 1.31. The company has a fifty day moving average price of $17.88 and a two-hundred day moving average price of $17.61. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. 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 (NASDAQ:HST) last posted its earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. Host Hotels & Resorts’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.41 EPS. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio is currently 77.67%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Wells Fargo & Company upped their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price target for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Finally, UBS Group dropped their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research note on Friday, November 15th. Two investment 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $21.04.

About Host Hotels & Resorts

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.