Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 16.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,731,261 shares of the company’s stock after purchasing an additional 243,161 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.25% of Host Hotels & Resorts worth $30,332,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in HST. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Host Hotels & Resorts by 537.4% in the third 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 purchasing an additional 5,811,722 shares during the period. KBC Group NV raised its position in Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company’s stock valued at $98,305,000 after purchasing an additional 3,412,589 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Host Hotels & Resorts by 16.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 15,899,205 shares of the company’s stock valued at $278,554,000 after buying an additional 2,261,877 shares during the period. Prudential Financial Inc. grew its position in shares of Host Hotels & Resorts by 75.0% during the fourth quarter. Prudential Financial Inc. now owns 3,344,171 shares of the company’s stock worth $58,590,000 after buying an additional 1,432,772 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. increased its stake in shares of Host Hotels & Resorts by 92.9% during the third 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 period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on HST shares. Compass Point downgraded shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Wells Fargo & Company lowered their target price on shares of 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. Truist Financial decreased their price target on Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating for the company in a report on Friday, March 21st. Raymond James dropped their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Finally, Morgan Stanley upgraded Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $16.00 to $15.00 in a research note on Friday, March 21st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $19.54.

Host Hotels & Resorts Stock Up 0.1 %

Host Hotels & Resorts stock opened at $14.81 on Thursday. 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’s fifty day moving average is $16.18 and its two-hundred day moving average is $17.26. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.25 and a fifty-two week high of $20.85. The firm has a market capitalization of $10.35 billion, a price-to-earnings ratio of 14.96 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last released its 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. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.40%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 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.