Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by Eagle Strategies LLC

Eagle Strategies LLC increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 18.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,619 shares of the company’s stock after acquiring an additional 4,346 shares during the period. Eagle Strategies LLC’s holdings in Host Hotels & Resorts were worth $486,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Legacy Wealth Asset Management LLC boosted its stake in shares of Host Hotels & Resorts by 3.8% during the 1st quarter. Legacy Wealth Asset Management LLC now owns 15,774 shares of the company’s stock valued at $326,000 after buying an additional 579 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in Host Hotels & Resorts by 3.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 19,858 shares of the company’s stock worth $357,000 after acquiring an additional 584 shares in the last quarter. Covestor Ltd grew its holdings in Host Hotels & Resorts by 16.1% during the 1st quarter. Covestor Ltd now owns 4,460 shares of the company’s stock worth $92,000 after acquiring an additional 618 shares in the last quarter. D Orazio & Associates Inc. increased its position in shares of Host Hotels & Resorts by 6.3% in the 2nd quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company’s stock worth $197,000 after purchasing an additional 648 shares during the last quarter. Finally, Quadrature Capital Ltd raised its stake in shares of Host Hotels & Resorts by 3.0% in the 1st quarter. Quadrature Capital Ltd now owns 27,490 shares of the company’s stock valued at $568,000 after purchasing an additional 790 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.5 %

Host Hotels & Resorts stock opened at $17.62 on Wednesday. Host Hotels & Resorts, Inc. has a 52 week low of $15.10 and a 52 week high of $21.31. The stock has a market cap of $12.38 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 1.58 and a beta of 1.32. The company’s 50-day moving average price is $17.60 and its two-hundred day moving average price is $17.81. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.80 annualized dividend and a yield of 4.54%. Host Hotels & Resorts’s payout ratio is 74.77%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HST. Evercore ISI lowered their price objective on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a report on Tuesday, August 13th. Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating for the company in a report on Friday, September 13th. Truist Financial reduced their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, September 4th. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Finally, Stifel Nicolaus reduced their price target on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.29.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.