Steward Partners Investment Advisory LLC Has $81,000 Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Steward Partners Investment Advisory LLC increased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 100.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,607 shares of the company’s stock after acquiring an additional 2,305 shares during the quarter. Steward Partners Investment Advisory LLC’s holdings in Host Hotels & Resorts were worth $81,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HST. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of 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 acquiring an additional 5,811,722 shares during the period. Daiwa Securities Group Inc. lifted its position in shares of Host Hotels & Resorts by 66.9% during 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 lifted its position in shares of Host Hotels & Resorts by 155.2% during the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company’s stock valued at $98,305,000 after acquiring an additional 3,412,589 shares during the period. Duff & Phelps Investment Management Co. lifted its position in shares of 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 buying an additional 1,331,407 shares during the last quarter. Finally, State Street Corp lifted its position in shares of Host Hotels & Resorts by 1.9% during the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after buying an additional 950,431 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Up 2.6 %

Shares of Host Hotels & Resorts stock opened at $15.30 on Tuesday. Host Hotels & Resorts, Inc. has a 52 week low of $14.47 and a 52 week high of $21.27. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The stock has a 50 day moving average price of $16.48 and a two-hundred day moving average price of $17.38. The stock has a market capitalization of $10.70 billion, a PE ratio of 15.45 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.23%. Host Hotels & Resorts’s dividend payout ratio is presently 80.81%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Compass Point downgraded Host Hotels & Resorts from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Stifel Nicolaus decreased their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Raymond James decreased their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Finally, Wells Fargo & Company decreased their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $20.12.

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.