Clarius Group LLC Buys Shares of 30,241 Host Hotels & Resorts, Inc. (NASDAQ:HST)

Clarius Group LLC purchased 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 SEC. The firm purchased 30,241 shares of the company's stock, valued at approximately $430,000.

Several other hedge funds have also made changes to their positions in the stock. National Pension Service bought a new stake in Host Hotels & Resorts in the 4th quarter valued at about $26,000. Jones Financial Companies Lllp raised 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 valued at $28,000 after buying an additional 1,088 shares during the last quarter. NBC Securities Inc. raised its holdings in shares of Host Hotels & Resorts by 185,200.0% during the first quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock valued at $26,000 after buying an additional 1,852 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at approximately $40,000. Finally, Versant Capital Management Inc raised its holdings in shares of Host Hotels & Resorts by 696.3% during the first quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock valued at $33,000 after buying an additional 2,047 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST traded down $0.06 during midday trading on Friday, reaching $15.67. The company's stock had a trading volume of 13,372,347 shares, compared to its average volume of 8,650,328. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.76. The company has a 50 day moving average price of $14.93 and a 200 day moving average price of $15.87. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The company has a market cap of $10.87 billion, a price-to-earnings ratio of 16.32 and a beta of 1.32.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results 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 analyst estimates of $1.55 billion. Host Hotels & Resorts had a return on equity of 10.11% and a net margin of 11.66%. Host Hotels & Resorts's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 earnings per share. On average, equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.11%. Host Hotels & Resorts's dividend payout ratio is currently 83.33%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Truist Financial cut their target price on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price objective for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Citigroup cut 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. Jefferies Financial Group downgraded shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the stock from $20.00 to $14.00 in a research report on Wednesday, April 9th. Finally, Morgan Stanley dropped 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. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $18.27.

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.