Vontobel Holding Ltd. Makes New $1.15 Million Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Vontobel Holding Ltd. bought a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 59,093 shares of the company's stock, valued at approximately $1,151,000.

Other hedge funds have also added to or reduced their stakes in the company. Eagle Strategies LLC grew its holdings in shares of Host Hotels & Resorts by 2.9% during the fourth quarter. Eagle Strategies LLC now owns 21,591 shares of the company's stock worth $420,000 after purchasing an additional 617 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of Host Hotels & Resorts by 57.5% during the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company's stock worth $28,000 after purchasing an additional 639 shares in the last quarter. Panagora Asset Management Inc. grew its holdings in shares of Host Hotels & Resorts by 1.0% during the third quarter. Panagora Asset Management Inc. now owns 67,550 shares of the company's stock worth $1,086,000 after purchasing an additional 658 shares in the last quarter. Knights of Columbus Asset Advisors LLC grew its holdings in shares of Host Hotels & Resorts by 0.3% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 279,681 shares of the company's stock worth $4,494,000 after purchasing an additional 715 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its holdings in shares of Host Hotels & Resorts by 66.2% during the first quarter. Belpointe Asset Management LLC now owns 1,871 shares of the company's stock worth $31,000 after purchasing an additional 745 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Insiders Place Their Bets

In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $21.04, for a total value of $591,981.44. Following the completion of the transaction, the chief executive officer now owns 2,225,577 shares in the company, valued at $46,826,140.08. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is owned by corporate insiders.

Host Hotels & Resorts Trading Up 0.6 %

HST stock traded up $0.12 on Friday, reaching $18.71. The company's stock had a trading volume of 3,946,711 shares, compared to its average volume of 4,569,976. The business has a fifty day simple moving average of $20.29 and a two-hundred day simple moving average of $18.84. Host Hotels & Resorts, Inc. has a 12-month low of $14.92 and a 12-month high of $21.31. The firm has a market cap of $13.16 billion, a PE ratio of 17.99, a PEG ratio of 1.67 and a beta of 1.31. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.29 and a current ratio of 3.29.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.25). Host Hotels & Resorts had a return on equity of 10.82% and a net margin of 13.93%. The business had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the previous year, the business earned $0.44 EPS. The business's revenue was up 4.8% compared to the same quarter last year. As a group, research analysts forecast that Host Hotels & Resorts, Inc. will post 1.97 EPS for the current year.

Host Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.20 dividend. This is an increase from Host Hotels & Resorts's previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 dividend on an annualized basis and a yield of 4.28%. Host Hotels & Resorts's dividend payout ratio is 76.92%.

Analyst Upgrades and Downgrades

HST has been the subject of several recent analyst reports. UBS Group cut their price objective on Host Hotels & Resorts from $21.00 to $20.00 and set a "neutral" rating for the company in a report on Friday. Barclays boosted their target price on Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an "overweight" rating in a research report on Friday, March 15th. Raymond James boosted their target price on Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an "outperform" rating in a research report on Friday, March 15th. Bank of America upgraded Host Hotels & Resorts from an "underperform" rating to a "buy" rating and boosted their target price for the stock from $18.00 to $23.00 in a research report on Monday, January 8th. Finally, Wells Fargo & Company boosted their target price on Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an "overweight" rating in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $21.33.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.