Catalyst Capital Advisors LLC Purchases Shares of 3,265 Host Hotels & Resorts, Inc. (NASDAQ:HST)

Catalyst Capital Advisors LLC bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 3,265 shares of the company’s stock, valued at approximately $57,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after purchasing an additional 991 shares during the period. Eastern Bank purchased a new stake in shares of Host Hotels & Resorts in the 4th quarter worth about $45,000. Farther Finance Advisors LLC lifted its position in Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after acquiring an additional 867 shares during the period. Signaturefd LLC lifted its position in Host Hotels & Resorts by 50.5% during the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after acquiring an additional 1,198 shares during the period. Finally, CENTRAL TRUST Co lifted its position in Host Hotels & Resorts by 126,025.0% during the 4th quarter. CENTRAL TRUST Co now owns 5,045 shares of the company’s stock valued at $88,000 after acquiring an additional 5,041 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on HST. UBS Group lowered their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Wells Fargo & Company lowered 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 research report on Tuesday. Stifel Nicolaus lowered their price target on shares of 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. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Finally, Raymond James reduced their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday. 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.com, the company currently has an average rating of “Hold” and an average price target of $20.54.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $17.05 on Wednesday. The company has a 50 day moving average price of $17.30 and a 200-day moving average price of $17.48. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31. The firm has a market capitalization of $11.92 billion, a PE ratio of 16.55 and a beta of 1.30. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 4.69%. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

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.