UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,326,744 shares of the company's stock after buying an additional 433,657 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.05% of Host Hotels & Resorts worth $128,365,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in HST. Private Advisor Group LLC bought a new position in shares of Host Hotels & Resorts during the 4th quarter valued at approximately $375,000. Vert Asset Management LLC lifted its holdings in Host Hotels & Resorts by 9.4% during the fourth quarter. Vert Asset Management LLC now owns 309,446 shares of the company's stock valued at $5,421,000 after purchasing an additional 26,678 shares in the last quarter. IFP Advisors Inc lifted its holdings in Host Hotels & Resorts by 716.4% during the fourth quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock valued at $50,000 after purchasing an additional 2,493 shares in the last quarter. KBC Group NV increased its stake in shares of Host Hotels & Resorts by 155.2% in the fourth quarter. KBC Group NV now owns 5,610,981 shares of the company's stock worth $98,305,000 after purchasing an additional 3,412,589 shares in the last quarter. Finally, New England Research & Management Inc. purchased a new stake in shares of Host Hotels & Resorts in the fourth quarter worth $349,000. 98.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have commented on HST. Truist Financial decreased 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. Wells Fargo & Company decreased their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. UBS Group lowered their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Jefferies Financial Group lowered shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price objective for the company from $20.00 to $14.00 in a report on Wednesday, April 9th. Finally, Evercore ISI reissued an "outperform" rating on shares of Host Hotels & Resorts in a report on Friday, May 16th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $18.90.

Host Hotels & Resorts Trading Down 0.3%

HST stock traded down $0.05 during mid-day trading on Wednesday, reaching $15.42. 8,737,497 shares of the stock traded hands, compared to its average volume of 8,211,767. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The stock has a market capitalization of $10.70 billion, a PE ratio of 15.58 and a beta of 1.29. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The business has a 50-day moving average price of $14.33 and a two-hundred day moving average price of $16.17.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates 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 company had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.55 billion. During the same period in the prior year, the company posted $0.60 EPS. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. Equities research analysts expect 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, April 15th. Shareholders of record on Monday, March 31st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.19%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 83.33%.

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.