Nilsine Partners LLC Grows Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Nilsine Partners LLC lifted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 21.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,408 shares of the company’s stock after buying an additional 11,223 shares during the period. Nilsine Partners LLC’s holdings in Host Hotels & Resorts were worth $1,093,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Host Hotels & Resorts by 537.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company’s stock valued at $121,318,000 after purchasing an additional 5,811,722 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Host Hotels & Resorts by 66.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock valued at $240,017,000 after acquiring an additional 5,466,629 shares during the period. KBC Group NV raised its stake in Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company’s stock worth $98,305,000 after acquiring an additional 3,412,589 shares during the last quarter. Duff & Phelps Investment Management Co. lifted its position in Host Hotels & Resorts by 92.9% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company’s stock worth $48,652,000 after acquiring an additional 1,331,407 shares during the period. Finally, State Street Corp grew its stake in Host Hotels & Resorts by 1.9% during the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company’s stock valued at $912,056,000 after purchasing an additional 950,431 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on HST shares. StockNews.com cut Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Wells Fargo & Company lifted their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. Stifel Nicolaus cut their price objective on shares of 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. UBS Group decreased 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 report on Tuesday. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $20.96.

Host Hotels & Resorts Stock Down 0.8 %

Host Hotels & Resorts stock opened at $17.05 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The stock has a market capitalization of $11.92 billion, a PE ratio of 16.55 and a beta of 1.31. The business has a 50 day simple moving average of $17.87 and a 200-day simple moving average of $17.60. Host Hotels & Resorts, Inc. has a 12 month low of $15.71 and a 12 month high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. Host Hotels & Resorts’s revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. On average, analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.69%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s payout ratio is 77.67%.

Host Hotels & Resorts Company 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.