45,465 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Bought by Nilsine Partners LLC

Nilsine Partners LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 45,465 shares of the company's stock, valued at approximately $940,000.

Several other institutional investors also recently modified their holdings of the business. IFM Investors Pty Ltd boosted its position in Host Hotels & Resorts by 3.1% during the first quarter. IFM Investors Pty Ltd now owns 155,436 shares of the company's stock valued at $3,214,000 after acquiring an additional 4,707 shares during the last quarter. FORVIS Wealth Advisors LLC boosted its position in Host Hotels & Resorts by 3.5% during the first quarter. FORVIS Wealth Advisors LLC now owns 166,417 shares of the company's stock valued at $3,442,000 after acquiring an additional 5,570 shares during the last quarter. Leeward Investments LLC MA boosted its position in Host Hotels & Resorts by 4.9% during the first quarter. Leeward Investments LLC MA now owns 330,403 shares of the company's stock valued at $6,833,000 after acquiring an additional 15,331 shares during the last quarter. Legacy Wealth Asset Management LLC boosted its position in Host Hotels & Resorts by 3.8% during the first quarter. Legacy Wealth Asset Management LLC now owns 15,774 shares of the company's stock valued at $326,000 after acquiring an additional 579 shares during the last quarter. Finally, Norden Group LLC bought a new stake in Host Hotels & Resorts during the first quarter valued at $616,000. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded down $0.03 during trading hours on Friday, reaching $18.86. The stock had a trading volume of 3,952,161 shares, compared to its average volume of 4,460,994. The company has a debt-to-equity ratio of 0.63, a quick ratio of 3.29 and a current ratio of 3.29. The stock has a 50 day simple moving average of $20.24 and a 200 day simple moving average of $18.92. Host Hotels & Resorts, Inc. has a 12-month low of $14.92 and a 12-month high of $21.31. The stock has a market cap of $13.27 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.31.

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

Host Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.20 dividend. The ex-dividend date was Wednesday, March 27th. This is a boost from Host Hotels & Resorts's previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 4.24%. Host Hotels & Resorts's payout ratio is 76.92%.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on HST. UBS Group cut their price objective on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a "neutral" rating on the stock in a research report on Friday, April 19th. Bank of America raised shares of Host Hotels & Resorts from an "underperform" rating to a "buy" rating and increased their price objective for the stock from $18.00 to $23.00 in a research report on Monday, January 8th. Raymond James upped their target price on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an "outperform" rating in a report on Friday, March 15th. Wells Fargo & Company upped their target price on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an "overweight" rating in a report on Thursday, March 21st. Finally, Oppenheimer upped their target price on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock an "outperform" rating in a report on Friday, January 5th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts has a consensus rating of "Moderate Buy" and an average price target of $21.33.

About Host Hotels & Resorts

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.

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