Entropy Technologies LP Makes New $1.44 Million Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Entropy Technologies LP bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, Holdings Channel reports. The firm bought 82,310 shares of the company’s stock, valued at approximately $1,442,000.

Other hedge funds have also made changes to their positions in the company. Freedom Investment Management Inc. raised its stake in Host Hotels & Resorts by 3.0% in the third quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock worth $380,000 after buying an additional 625 shares in the last quarter. Verdence Capital Advisors LLC increased its holdings in shares of Host Hotels & Resorts by 4.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company’s stock valued at $296,000 after acquiring an additional 784 shares during the period. Inspire Investing LLC raised its position in shares of Host Hotels & Resorts by 1.0% in the 3rd quarter. Inspire Investing LLC now owns 81,860 shares of the company’s stock worth $1,441,000 after acquiring an additional 812 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after purchasing an additional 867 shares during the last quarter. Finally, Meridian Financial Partners LLC boosted its position in Host Hotels & Resorts by 1.3% during the fourth quarter. Meridian Financial Partners LLC now owns 77,830 shares of the company’s stock valued at $1,364,000 after purchasing an additional 977 shares in the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Up 0.4 %

Host Hotels & Resorts stock opened at $16.76 on Monday. The business’s 50-day simple moving average is $17.61 and its two-hundred day simple moving average is $17.51. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The company has a market cap of $11.72 billion, a PE ratio of 16.27 and a beta of 1.30. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.31.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a $0.20 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.77%. Host Hotels & Resorts’s dividend payout ratio is currently 77.67%.

Wall Street Analysts Forecast Growth

HST has been the subject of a number of recent research reports. Wells Fargo & Company boosted their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their target price for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. UBS Group lowered their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Stifel Nicolaus reduced their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Finally, StockNews.com cut Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $20.96.

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.