Universal Beteiligungs und Servicegesellschaft mbH Takes $26.07 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 1,487,877 shares of the company's stock, valued at approximately $26,068,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.21% of Host Hotels & Resorts at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Freedom Investment Management Inc. grew its holdings in Host Hotels & Resorts by 2.9% during the 4th quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock worth $389,000 after acquiring an additional 622 shares in the last quarter. Savant Capital LLC grew its holdings in 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 acquiring an additional 634 shares in the last quarter. Evergreen Wealth Solutions LLC grew its holdings in 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 acquiring an additional 651 shares in the last quarter. Ascent Group LLC boosted its holdings in shares of Host Hotels & Resorts by 4.4% in the 4th quarter. Ascent Group LLC now owns 16,549 shares of the company's stock valued at $290,000 after buying an additional 703 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC boosted its holdings in shares of Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock valued at $1,297,000 after buying an additional 746 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on HST. Jefferies Financial Group cut shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and lowered their target price for the company from $20.00 to $14.00 in a report on Wednesday, April 9th. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the company from $20.00 to $18.00 in a report on Monday, March 10th. Morgan Stanley lowered 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 report on Tuesday, April 22nd. Citigroup lowered their target price 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. Finally, Evercore ISI reiterated an "outperform" rating on shares of Host Hotels & Resorts in a research note on Friday, May 16th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $18.27.

Host Hotels & Resorts Stock Down 0.3%

NASDAQ HST traded down $0.05 on Monday, reaching $15.44. The stock had a trading volume of 9,716,801 shares, compared to its average volume of 8,456,281. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.37. The business has a 50 day moving average price of $14.38 and a 200 day moving average price of $16.10. The company has a market capitalization of $10.71 billion, a price-to-earnings ratio of 15.60 and a beta of 1.29. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results 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 return on equity of 10.37% and a net margin of 12.26%. The company had revenue of $1.59 billion during the quarter, compared to analysts' expectations of $1.55 billion. During the same quarter in the previous year, the firm earned $0.60 earnings per share. The business's quarterly revenue was up 8.4% compared to the same quarter last year. On average, analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

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

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.