21,700 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Bought by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 21,700 shares of the company’s stock, valued at approximately $380,000.

Other hedge funds also recently bought and sold shares of the company. Landscape Capital Management L.L.C. boosted its stake in Host Hotels & Resorts by 79.1% during the 4th quarter. Landscape Capital Management L.L.C. now owns 49,037 shares of the company’s stock valued at $859,000 after purchasing an additional 21,651 shares during the period. Centersquare Investment Management LLC lifted its holdings in shares of Host Hotels & Resorts by 12.3% during the fourth quarter. Centersquare Investment Management LLC now owns 11,052,156 shares of the company’s stock worth $193,634,000 after buying an additional 1,213,970 shares during the last quarter. Pitcairn Co. boosted its position in shares of Host Hotels & Resorts by 7.8% in the fourth quarter. Pitcairn Co. now owns 23,509 shares of the company’s stock valued at $412,000 after acquiring an additional 1,709 shares during the period. Geode Capital Management LLC grew its stake in shares of Host Hotels & Resorts by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 19,253,516 shares of the company’s stock worth $336,539,000 after acquiring an additional 350,634 shares during the last quarter. Finally, National Bank of Canada FI increased its position in Host Hotels & Resorts by 130.6% during the fourth quarter. National Bank of Canada FI now owns 826,901 shares of the company’s stock worth $14,487,000 after acquiring an additional 468,339 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on HST. Morgan Stanley upgraded shares of Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and decreased their price target for the stock from $16.00 to $15.00 in a research report on Friday, March 21st. Raymond James cut their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. UBS Group reduced 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, January 28th. Wells Fargo & Company lowered their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Finally, Compass Point downgraded shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $19.54.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $13.14 on Friday. Host Hotels & Resorts, Inc. has a 52 week low of $12.27 and a 52 week high of $20.73. The firm has a market cap of $9.19 billion, a P/E ratio of 13.27 and a beta of 1.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The business’s fifty day moving average is $15.75 and its two-hundred day moving average is $17.12.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data 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 net margin of 12.26% and a return on equity of 10.37%. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal 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 given a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 6.09%. Host Hotels & Resorts’s 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.