Quantinno Capital Management LP Acquires 1,121 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Quantinno Capital Management LP grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 2.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 55,818 shares of the company’s stock after purchasing an additional 1,121 shares during the quarter. Quantinno Capital Management LP’s holdings in Host Hotels & Resorts were worth $982,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Blue Trust Inc. grew its position in Host Hotels & Resorts by 212.7% in the second quarter. Blue Trust Inc. now owns 1,473 shares of the company’s stock valued at $26,000 after acquiring an additional 1,002 shares during the last quarter. Global X Japan Co. Ltd. acquired a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $30,000. Farther Finance Advisors LLC boosted its stake in shares of Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after purchasing an additional 867 shares in the last quarter. 1620 Investment Advisors Inc. bought a new stake in shares of Host Hotels & Resorts during the 2nd quarter valued at approximately $51,000. Finally, Family Firm Inc. acquired a new position in Host Hotels & Resorts during the 2nd quarter worth approximately $56,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on HST shares. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. UBS Group reduced their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Wells Fargo & Company increased their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Truist Financial reduced their price target on Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a report on Wednesday, September 4th. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.39.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $18.58 on Friday. The company has a market capitalization of $12.99 billion, a PE ratio of 18.04 and a beta of 1.32. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The firm has a fifty day simple moving average of $17.97 and a 200 day simple moving average of $17.70.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.24). Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the business posted $0.41 earnings per share. The business’s revenue was up 8.6% on a year-over-year basis. On average, sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.31%. Host Hotels & Resorts’s payout ratio is 77.67%.

About Host Hotels & Resorts

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.