Achmea Investment Management B.V. Raises Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Achmea Investment Management B.V. boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 21.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 738,302 shares of the company's stock after buying an additional 130,576 shares during the period. Achmea Investment Management B.V. owned approximately 0.11% of Host Hotels & Resorts worth $10,491,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Moran Wealth Management LLC grew its position in shares of Host Hotels & Resorts by 1.8% during the 1st quarter. Moran Wealth Management LLC now owns 70,962 shares of the company's stock worth $1,008,000 after buying an additional 1,223 shares during the period. Asset Management One Co. Ltd. grew its stake in shares of Host Hotels & Resorts by 1.7% in the 1st quarter. Asset Management One Co. Ltd. now owns 1,456,690 shares of the company's stock valued at $20,700,000 after buying an additional 24,227 shares during the period. Oppenheimer Asset Management Inc. grew its stake in Host Hotels & Resorts by 48.7% in the first quarter. Oppenheimer Asset Management Inc. now owns 50,983 shares of the company's stock valued at $724,000 after acquiring an additional 16,694 shares during the period. Heartland Bank & Trust Co grew its stake in Host Hotels & Resorts by 22.7% in the first quarter. Heartland Bank & Trust Co now owns 22,555 shares of the company's stock valued at $321,000 after acquiring an additional 4,170 shares during the period. Finally, Bright Futures Wealth Management LLC. acquired a new stake in Host Hotels & Resorts in the first quarter valued at approximately $151,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on HST. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and reduced their price objective for the company 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 for the company in a research note on Friday, March 21st. JPMorgan Chase & Co. assumed coverage on Host Hotels & Resorts in a research report on Monday, June 23rd. They set a "neutral" rating and a $16.00 target price on the stock. Morgan Stanley cut their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Finally, Jefferies Financial Group downgraded shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price objective for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $18.12.

Host Hotels & Resorts Stock Performance

HST traded up $0.05 during midday trading on Friday, reaching $15.76. The company had a trading volume of 11,121,265 shares, compared to its average volume of 8,696,860. Host Hotels & Resorts, Inc. has a 12-month low of $12.22 and a 12-month high of $19.37. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.08 and a current ratio of 2.08. The business has a 50-day moving average price of $15.13 and a two-hundred day moving average price of $15.76. The stock has a market cap of $10.93 billion, a PE ratio of 16.42 and a beta of 1.32.

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

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.08%. The ex-dividend date of this dividend is Monday, June 30th. Host Hotels & Resorts's dividend payout ratio is presently 83.33%.

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.