Mercer Global Advisors Inc. ADV Has $11.84 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Mercer Global Advisors Inc. ADV reduced its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 29.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 676,024 shares of the company's stock after selling 277,586 shares during the period. Mercer Global Advisors Inc. ADV owned about 0.10% of Host Hotels & Resorts worth $11,844,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in HST. Wilmington Savings Fund Society FSB purchased a new stake in shares of Host Hotels & Resorts in the third quarter worth approximately $182,000. Tidal Investments LLC lifted its position in Host Hotels & Resorts by 27.1% in the 3rd quarter. Tidal Investments LLC now owns 31,038 shares of the company's stock worth $546,000 after buying an additional 6,611 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of Host Hotels & Resorts by 42.9% during the 4th quarter. GAMMA Investing LLC now owns 12,275 shares of the company's stock valued at $215,000 after buying an additional 3,684 shares during the period. Pensionfund Sabic grew its holdings in shares of Host Hotels & Resorts by 5.9% during the 4th quarter. Pensionfund Sabic now owns 53,843 shares of the company's stock valued at $943,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Czech National Bank increased its stake in shares of Host Hotels & Resorts by 5.9% in the fourth quarter. Czech National Bank now owns 151,564 shares of the company's stock worth $2,655,000 after acquiring an additional 8,470 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Wall Street Analyst Weigh In

HST has been the topic of a number of recent research reports. Truist Financial lowered their target price on 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. Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research note on Tuesday, February 18th. Raymond James cut their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Evercore ISI dropped their price target on shares of Host Hotels & Resorts from $20.00 to $18.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Finally, Morgan Stanley cut their price target on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 22nd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of "Hold" and a consensus target price of $18.90.

Host Hotels & Resorts Stock Performance

NASDAQ HST traded down $0.04 during midday trading on Monday, hitting $14.75. The company had a trading volume of 8,811,502 shares, compared to its average volume of 8,054,383. The firm has a fifty day simple moving average of $14.47 and a two-hundred day simple moving average of $16.45. 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 quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 14.90 and a beta of 1.29.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its 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. The business 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 10.37% and a net margin of 12.26%. The firm's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.20 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.42%. Host Hotels & Resorts's dividend payout ratio (DPR) 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.