Schroder Investment Management Group Has $58.18 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Schroder Investment Management Group raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,328,522 shares of the company’s stock after purchasing an additional 107,162 shares during the quarter. Schroder Investment Management Group owned approximately 0.48% of Host Hotels & Resorts worth $58,183,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of HST. National Pension Service bought a new stake in shares of Host Hotels & Resorts during the 4th quarter worth about $26,000. Jones Financial Companies Lllp boosted its holdings in shares of 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 period. MassMutual Private Wealth & Trust FSB grew its position in shares of Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after purchasing an additional 991 shares during the last quarter. Kestra Investment Management LLC acquired a new position in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Finally, Eastern Bank bought a new position in shares of Host Hotels & Resorts during the fourth quarter worth approximately $45,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HST shares. Citigroup reduced their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Monday, March 17th. Truist Financial reduced their target price on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating for the company in a research report on Friday, March 21st. Wells Fargo & Company lowered their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Morgan Stanley raised shares of Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $15.00 in a report on Friday, March 21st. Finally, Raymond James decreased their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $19.54.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $14.21 on Tuesday. 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 market cap of $9.93 billion, a PE ratio of 14.35 and a beta of 1.30. Host Hotels & Resorts, Inc. has a fifty-two week low of $13.83 and a fifty-two week high of $20.85. The firm’s fifty day moving average price is $16.01 and its two-hundred day moving average price is $17.21.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.29. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.63%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts’s payout ratio is currently 80.81%.

About Host Hotels & Resorts

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.