Natixis Advisors LLC Purchases 39,719 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Natixis Advisors LLC lifted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 12.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 369,380 shares of the company’s stock after purchasing an additional 39,719 shares during the quarter. Natixis Advisors LLC’s holdings in Host Hotels & Resorts were worth $6,472,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. National Pension Service bought a new stake in shares of Host Hotels & Resorts in the fourth quarter worth about $26,000. Jones Financial Companies Lllp increased its stake in Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock worth $28,000 after acquiring an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after acquiring an additional 991 shares during the last quarter. Kestra Investment Management LLC bought a new stake in Host Hotels & Resorts during the fourth quarter worth approximately $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts during the fourth quarter worth approximately $45,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Down 1.8 %

Shares of NASDAQ HST opened at $14.69 on Friday. 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 firm has a market capitalization of $10.27 billion, a price-to-earnings ratio of 14.84 and a beta of 1.30. The stock has a 50 day moving average price of $16.32 and a 200 day moving average price of $17.30. Host Hotels & Resorts, Inc. has a 52-week low of $14.25 and a 52-week high of $21.27.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.45%. Host Hotels & Resorts’s dividend payout ratio is currently 80.81%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Stifel Nicolaus reduced their price objective on 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. Compass Point cut Host Hotels & Resorts from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Truist Financial reduced their price objective on Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating on the stock in a research note on Friday. Raymond James reduced their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Finally, Morgan Stanley upgraded Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and dropped their target price for the company from $16.00 to $15.00 in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $19.54.

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.