Xponance Inc. Has $3.43 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Xponance Inc. boosted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 7.3% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 241,466 shares of the company's stock after purchasing an additional 16,469 shares during the period. Xponance Inc.'s holdings in Host Hotels & Resorts were worth $3,431,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. raised its stake in Host Hotels & Resorts by 3.5% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 110,836 shares of the company's stock valued at $1,582,000 after buying an additional 3,732 shares during the period. Teacher Retirement System of Texas bought a new stake in Host Hotels & Resorts in the first quarter valued at approximately $1,453,000. Oppenheimer Asset Management Inc. raised 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 buying an additional 16,694 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Host Hotels & Resorts by 10.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 57,318 shares of the company's stock valued at $814,000 after buying an additional 5,318 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in Host Hotels & Resorts in the fourth quarter valued at approximately $17,586,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HST. Jefferies Financial Group cut Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. Wells Fargo & Company lifted their price target on Host Hotels & Resorts from $16.00 to $18.00 and gave the stock an "overweight" rating in a report on Tuesday, July 1st. Citigroup dropped their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a report on Monday, March 17th. JPMorgan Chase & Co. began coverage on Host Hotels & Resorts in a report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price target for the company. Finally, Morgan Stanley dropped 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. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $17.96.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $16.52 on Monday. The stock's fifty day moving average price is $15.55 and its two-hundred day moving average price is $15.59. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.08 and a quick ratio of 2.08. The firm has a market cap of $11.46 billion, a PE ratio of 17.21 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.64 earnings per share for the quarter, beating 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 return on equity of 10.11% and a net margin of 11.66%. The company's revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. As a group, research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date 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.

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