Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,899,205 shares of the company’s stock after buying an additional 2,261,877 shares during the period. Host Hotels & Resorts accounts for 1.2% of Daiwa Securities Group Inc.’s investment portfolio, making the stock its 24th largest position. Daiwa Securities Group Inc. owned 2.27% of Host Hotels & Resorts worth $278,554,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in HST. Freedom Investment Management Inc. boosted its position in shares of Host Hotels & Resorts by 3.0% during the 3rd quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock valued at $380,000 after acquiring an additional 625 shares during the last quarter. Savant Capital LLC raised its stake in Host Hotels & Resorts by 2.7% during the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company’s stock worth $428,000 after purchasing an additional 634 shares during the period. Atlantic Edge Private Wealth Management LLC boosted its holdings in Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company’s stock valued at $1,297,000 after purchasing an additional 746 shares during the last quarter. Verdence Capital Advisors LLC grew its stake 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 buying an additional 784 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings 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 buying an additional 867 shares during the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

NASDAQ:HST opened at $16.33 on Monday. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 16.49 and a beta of 1.30. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts, Inc. has a 52 week low of $15.65 and a 52 week high of $21.27. The company has a fifty day simple moving average of $16.76 and a two-hundred day simple moving average of $17.47.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.15 by $0.29. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. As a group, equities analysts anticipate 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 announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 4.90%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 80.81%.

Wall Street Analyst Weigh In

HST has been the topic of a number of recent analyst reports. Raymond James decreased their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Stifel Nicolaus decreased their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. UBS Group reduced their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Finally, StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $20.54.

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.