UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 433,657 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 6.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 1.05% of Host Hotels & Resorts worth $128,365,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of HST. Freedom Investment Management Inc. boosted its holdings in Host Hotels & Resorts by 2.9% in the 4th quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock valued at $389,000 after purchasing an additional 622 shares during the period. Savant Capital LLC increased its position in shares of Host Hotels & Resorts by 2.7% during the 4th quarter. Savant Capital LLC now owns 24,404 shares of the company's stock worth $428,000 after purchasing an additional 634 shares in the last quarter. Evergreen Wealth Solutions LLC increased its position in shares of Host Hotels & Resorts by 5.3% during the 4th quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after purchasing an additional 651 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in shares of Host Hotels & Resorts by 1.0% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after purchasing an additional 746 shares in the last quarter. Finally, Ieq Capital LLC increased its position in shares of Host Hotels & Resorts by 7.3% during the 4th quarter. Ieq Capital LLC now owns 13,281 shares of the company's stock worth $233,000 after purchasing an additional 899 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Up 0.1%

NASDAQ HST traded up $0.02 during mid-day trading on Thursday, hitting $15.44. The company's stock had a trading volume of 3,585,475 shares, compared to its average volume of 8,209,685. The company's 50 day simple moving average is $14.35 and its 200 day simple moving average is $16.17. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.37. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The firm has a market capitalization of $10.71 billion, a price-to-earnings ratio of 15.59 and a beta of 1.29.

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 (EPS) for the quarter, topping analysts' consensus estimates 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 net margin of 12.26% and a return on equity of 10.37%. The business'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 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date of this dividend was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is 83.33%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HST. Morgan Stanley dropped their target price on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 22nd. Raymond James reduced their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Truist Financial decreased their price objective on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a report on Friday, March 21st. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $20.00 to $18.00 in a report on Monday, March 10th. Finally, Citigroup decreased their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a report on Monday, March 17th. Two investment 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 data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $18.90.

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.