IFM Investors Pty Ltd Has $2.36 Million Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

IFM Investors Pty Ltd increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) by 18.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,459 shares of the company’s stock after acquiring an additional 18,638 shares during the period. IFM Investors Pty Ltd’s holdings in Host Hotels & Resorts were worth $2,360,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HST. National Bank of Canada FI increased its stake in Host Hotels & Resorts by 9.8% in the 1st quarter. National Bank of Canada FI now owns 71,166 shares of the company’s stock valued at $1,387,000 after buying an additional 6,328 shares during the last quarter. New York State Common Retirement Fund increased its stake in Host Hotels & Resorts by 4.6% in the 1st quarter. New York State Common Retirement Fund now owns 953,017 shares of the company’s stock valued at $18,517,000 after buying an additional 42,103 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in Host Hotels & Resorts by 16.9% in the 1st quarter. Aptus Capital Advisors LLC now owns 194,369 shares of the company’s stock valued at $3,777,000 after buying an additional 28,053 shares during the last quarter. Advisor Group Holdings Inc. increased its stake in Host Hotels & Resorts by 18.7% in the 1st quarter. Advisor Group Holdings Inc. now owns 70,891 shares of the company’s stock valued at $1,342,000 after buying an additional 11,177 shares during the last quarter. Finally, State of Michigan Retirement System increased its stake in Host Hotels & Resorts by 0.3% in the 1st quarter. State of Michigan Retirement System now owns 180,229 shares of the company’s stock valued at $3,502,000 after buying an additional 504 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on HST. Evercore ISI reissued an “outperform” rating and issued a $23.00 price objective on shares of Host Hotels & Resorts in a research report on Monday, July 11th. Truist Financial lifted their price objective on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Wednesday, June 1st. Barclays decreased their price objective on shares of Host Hotels & Resorts from $23.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, July 7th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Host Hotels & Resorts from $23.00 to $26.00 in a research report on Friday, May 6th. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $21.82.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $17.97 on Friday. The company has a market capitalization of $12.84 billion, a price-to-earnings ratio of 22.44 and a beta of 1.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 4.03 and a current ratio of 4.03. The company has a 50-day simple moving average of $17.39 and a 200 day simple moving average of $18.29. Host Hotels & Resorts, Inc. has a 52 week low of $14.67 and a 52 week high of $21.63.

Host Hotels & Resorts (NASDAQ:HSTGet Rating) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.12). Host Hotels & Resorts had a net margin of 13.34% and a return on equity of 9.00%. During the same quarter in the prior year, the company posted $0.12 earnings per share. On average, sell-side analysts predict that Host Hotels & Resorts, Inc. will post 1.68 earnings per share for the current year.

Host Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Friday, September 30th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 2.67%. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.06. Host Hotels & Resorts’s payout ratio is currently 30.00%.

Insider Buying and Selling at Host Hotels & Resorts

In other Host Hotels & Resorts news, VP Nathan S. Tyrrell sold 10,707 shares of the business’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $21.00, for a total value of $224,847.00. Following the completion of the sale, the vice president now owns 379,285 shares of the company’s stock, valued at approximately $7,964,985. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, VP Nathan S. Tyrrell sold 10,707 shares of the business’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $21.00, for a total value of $224,847.00. Following the completion of the transaction, the vice president now directly owns 379,285 shares in the company, valued at approximately $7,964,985. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Walter C. Rakowich sold 3,290 shares of the business’s stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $19.61, for a total transaction of $64,516.90. Following the completion of the transaction, the director now owns 53,083 shares of the company’s stock, valued at $1,040,957.63. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

Host Hotels & Resorts Profile

(Get Rating)

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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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

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