Quantinno Capital Management LP Purchases 53,695 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Quantinno Capital Management LP lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 96.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 109,513 shares of the company's stock after purchasing an additional 53,695 shares during the quarter. Quantinno Capital Management LP's holdings in Host Hotels & Resorts were worth $1,919,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in HST. National Pension Service acquired a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at approximately $26,000. Jones Financial Companies Lllp raised its position in Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock worth $28,000 after acquiring an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its position in Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock worth $36,000 after acquiring an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts in the fourth quarter valued at $40,000. Finally, IFP Advisors Inc grew its position in shares of Host Hotels & Resorts by 716.4% in the 4th quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock valued at $50,000 after acquiring an additional 2,493 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

Shares of HST stock traded up $0.56 on Tuesday, hitting $15.26. The company's stock had a trading volume of 1,659,993 shares, compared to its average volume of 8,169,469. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.37. The company has a market capitalization of $10.58 billion, a PE ratio of 15.36 and a beta of 1.29. The stock's 50 day moving average is $14.32 and its 200-day moving average is $16.18. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

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, beating 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 firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the previous year, the firm posted $0.60 EPS. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. Equities research 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 business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.24%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 83.33%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Truist Financial lowered their price objective on shares of 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. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and reduced their target price for the stock from $20.00 to $14.00 in a research note on Wednesday, April 9th. 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 report on Tuesday, February 18th. Morgan Stanley cut their price target on Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Finally, Compass Point downgraded 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. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of "Hold" and an average price target of $18.90.

About Host Hotels & Resorts

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.