Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 0.2% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,392,418 shares of the company's stock after buying an additional 22,283 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.50% of Host Hotels & Resorts worth $147,676,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of HST. Deutsche Bank AG raised its position in Host Hotels & Resorts by 184.7% during the 4th quarter. Deutsche Bank AG now owns 9,752,018 shares of the company's stock worth $170,855,000 after buying an additional 6,326,709 shares during the last quarter. Rush Island Management LP acquired a new stake in Host Hotels & Resorts in the 4th quarter valued at about $99,402,000. Northern Trust Corp lifted its holdings in Host Hotels & Resorts by 43.3% in the 4th quarter. Northern Trust Corp now owns 13,752,705 shares of the company's stock valued at $240,947,000 after purchasing an additional 4,158,219 shares in the last quarter. Cohen & Steers Inc. lifted its holdings in Host Hotels & Resorts by 8.5% in the 4th quarter. Cohen & Steers Inc. now owns 50,002,916 shares of the company's stock valued at $876,115,000 after purchasing an additional 3,932,928 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Host Hotels & Resorts by 198.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 4,748,185 shares of the company's stock valued at $83,190,000 after purchasing an additional 3,158,118 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analyst Weigh In

HST has been the topic of several recent analyst reports. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the stock an "overweight" rating in a report on Tuesday, July 1st. Evercore ISI raised their price target on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Stifel Nicolaus raised their price target on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a report on Thursday, July 31st. JPMorgan Chase & Co. began coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price target on the stock. Finally, Morgan Stanley restated an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. One analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of "Hold" and a consensus price target of $17.50.

Host Hotels & Resorts Stock Down 1.1%

NASDAQ:HST traded down $0.18 during trading hours on Friday, hitting $15.81. The stock had a trading volume of 1,564,902 shares, compared to its average volume of 9,814,056. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. The company has a market cap of $10.87 billion, a PE ratio of 16.81 and a beta of 1.34. The business has a 50 day simple moving average of $15.92 and a two-hundred day simple moving average of $15.40.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter last year, the company earned $0.57 earnings per share. The business's quarterly revenue was up 8.2% compared to the same quarter last year. Analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's payout ratio is currently 85.11%.

Host Hotels & Resorts 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.