Kapitalo Investimentos Ltda Makes New Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Kapitalo Investimentos Ltda purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,084 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently modified their holdings of HST. HighTower Advisors LLC lifted its stake in Host Hotels & Resorts by 3.2% during the third quarter. HighTower Advisors LLC now owns 56,735 shares of the company’s stock valued at $914,000 after buying an additional 1,768 shares in the last quarter. UBS Group AG boosted its stake in Host Hotels & Resorts by 0.9% in the 3rd quarter. UBS Group AG now owns 1,378,999 shares of the company’s stock worth $22,161,000 after purchasing an additional 12,874 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in Host Hotels & Resorts by 0.7% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 436,090 shares of the company’s stock worth $7,156,000 after purchasing an additional 3,205 shares during the period. Rafferty Asset Management LLC grew its position in Host Hotels & Resorts by 2.2% during the 3rd quarter. Rafferty Asset Management LLC now owns 91,875 shares of the company’s stock worth $1,476,000 after purchasing an additional 2,018 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in Host Hotels & Resorts during the 3rd quarter valued at $380,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

HST traded up $0.10 on Tuesday, hitting $18.06. The company had a trading volume of 362,787 shares, compared to its average volume of 6,006,736. The stock has a market cap of $12.73 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.56 and a beta of 1.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 6.66 and a quick ratio of 6.66. The company’s fifty day moving average price is $18.61 and its 200 day moving average price is $19.41. Host Hotels & Resorts, Inc. has a 1-year low of $14.92 and a 1-year high of $21.31.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Friday, June 28th. Host Hotels & Resorts’s dividend payout ratio is currently 78.43%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. UBS Group decreased their target price on Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, April 19th. Barclays decreased their price objective on Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a research report on Thursday, May 30th. Wedbush reiterated an “outperform” rating and issued a $22.00 target price on shares of Host Hotels & Resorts in a report on Thursday, May 30th. Wells Fargo & Company raised their price target on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Thursday, March 21st. Finally, Truist Financial lowered their price objective on shares of Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, May 30th. One 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’s stock. Based on data from MarketBeat.com, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $21.36.

View Our Latest Report on Host Hotels & Resorts

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $21.04, for a total transaction of $591,981.44. Following the completion of the sale, the chief executive officer now directly owns 2,225,577 shares in the company, valued at $46,826,140.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the firm’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $21.04, for a total value of $591,981.44. Following the completion of the sale, the chief executive officer now owns 2,225,577 shares in the company, valued at approximately $46,826,140.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Walter C. Rakowich sold 3,896 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $18.64, for a total transaction of $72,621.44. Following the completion of the sale, the director now directly owns 64,457 shares in the company, valued at approximately $1,201,478.48. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by company insiders.

About Host Hotels & Resorts

(Free Report)

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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