Clarius Group LLC Invests $430,000 in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Clarius Group LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 30,241 shares of the company's stock, valued at approximately $430,000.

Other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC bought a new stake in shares of Host Hotels & Resorts in the fourth quarter worth $375,000. IFP Advisors Inc grew its stake in shares of Host Hotels & Resorts by 716.4% in the fourth quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock worth $50,000 after purchasing an additional 2,493 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Host Hotels & Resorts in the fourth quarter worth $17,586,000. Mariner LLC grew its stake in shares of Host Hotels & Resorts by 10.3% in the fourth quarter. Mariner LLC now owns 46,476 shares of the company's stock worth $814,000 after purchasing an additional 4,357 shares during the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Host Hotels & Resorts by 12.0% in the fourth quarter. Van ECK Associates Corp now owns 151,692 shares of the company's stock worth $2,658,000 after purchasing an additional 16,235 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

HST stock opened at $15.73 on Thursday. The stock has a market capitalization of $10.91 billion, a PE ratio of 16.39 and a beta of 1.32. The company's 50-day moving average is $14.84 and its 200-day moving average is $15.93. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.08 and a quick ratio of 2.08. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.37.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.56 by $0.08. The company had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.55 billion. Host Hotels & Resorts had a net margin of 11.66% and a return on equity of 10.11%. The business's revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a dividend of $0.20 per share. The ex-dividend date is Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.09%. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 83.33%.

Analyst Upgrades and Downgrades

A number of analysts have commented on HST shares. Truist Financial cut their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research report on Friday, March 21st. Jefferies Financial Group cut shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price target for the company from $20.00 to $14.00 in a research report on Wednesday, April 9th. Citigroup cut their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Morgan Stanley cut their price target on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. Finally, Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price target for the company from $20.00 to $18.00 in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $18.27.

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.

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