83,148 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Acquired by Avanza Fonder AB

Avanza Fonder AB acquired a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 83,148 shares of the company’s stock, valued at approximately $1,457,000.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Host Hotels & Resorts by 1.9% in the third quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after buying an additional 950,431 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Host Hotels & Resorts by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company’s stock worth $331,698,000 after acquiring an additional 180,904 shares in the last quarter. Daiwa Securities Group Inc. boosted 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 valued at $240,017,000 after acquiring an additional 5,466,629 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Host Hotels & Resorts by 1.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,300,937 shares of the company’s stock valued at $181,296,000 after acquiring an additional 181,103 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Host Hotels & Resorts by 537.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company’s stock valued at $121,318,000 after purchasing an additional 5,811,722 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.1 %

NASDAQ:HST opened at $17.06 on Friday. The stock has a fifty day simple moving average of $17.93 and a 200-day simple moving average of $17.63. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 16.56 and a beta of 1.31. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.20 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a yield of 4.69%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 77.67%.

Analyst Upgrades and Downgrades

HST has been the subject of several research reports. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Wells Fargo & Company lifted their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. UBS Group decreased their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. 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 report on Friday, November 22nd. Finally, Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.04.

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.