25,646 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Bought by Centiva Capital LP

Centiva Capital LP acquired a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 25,646 shares of the company's stock, valued at approximately $449,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BROOKFIELD Corp ON purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth $16,300,000. Brevan Howard Capital Management LP purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth $325,000. Captrust Financial Advisors purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth $748,000. BNP Paribas Financial Markets lifted its stake in shares of Host Hotels & Resorts by 19.0% during the 4th quarter. BNP Paribas Financial Markets now owns 956,122 shares of the company's stock worth $16,751,000 after purchasing an additional 152,979 shares during the period. Finally, Meiji Yasuda Life Insurance Co lifted its stake in shares of Host Hotels & Resorts by 26.4% during the 4th quarter. Meiji Yasuda Life Insurance Co now owns 26,830 shares of the company's stock worth $470,000 after purchasing an additional 5,600 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Trading Up 1.1%

NASDAQ HST traded up $0.17 on Friday, hitting $15.57. The company's stock had a trading volume of 1,921,804 shares, compared to its average volume of 8,112,785. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.37. The company's 50-day moving average is $14.33 and its 200 day moving average is $16.33. The firm has a market cap of $10.80 billion, a PE ratio of 15.73 and a beta of 1.29.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.08. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The firm had revenue of $1.59 billion during the quarter, compared to analysts' expectations of $1.55 billion. During the same period in the prior year, the company posted $0.60 EPS. The company's revenue was up 8.4% on a year-over-year basis. As a group, analysts predict 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 disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.14%. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 83.33%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HST. Jefferies Financial Group lowered Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their target price for the stock from $20.00 to $14.00 in a research report on Wednesday, April 9th. Wells Fargo & Company decreased their price target 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. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their target price for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Truist Financial cut their price target on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Finally, Citigroup lowered their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research note on Monday, March 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of "Hold" and a consensus target price of $18.90.

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.