National Bank of Canada FI Has $41.93 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

National Bank of Canada FI increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 301.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 2,128,173 shares of the company's stock after acquiring an additional 1,597,876 shares during the period. National Bank of Canada FI owned approximately 0.30% of Host Hotels & Resorts worth $41,925,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Cornercap Investment Counsel Inc. increased its holdings in shares of Host Hotels & Resorts by 0.7% in the 4th quarter. Cornercap Investment Counsel Inc. now owns 82,823 shares of the company's stock valued at $1,613,000 after acquiring an additional 610 shares during the last quarter. Eagle Strategies LLC grew its position in shares of Host Hotels & Resorts by 2.9% during the 4th quarter. Eagle Strategies LLC now owns 21,591 shares of the company's stock valued at $420,000 after buying an additional 617 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Host Hotels & Resorts by 57.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company's stock worth $28,000 after acquiring an additional 639 shares during the last quarter. Panagora Asset Management Inc. boosted its stake in Host Hotels & Resorts by 1.0% in the third quarter. Panagora Asset Management Inc. now owns 67,550 shares of the company's stock valued at $1,086,000 after acquiring an additional 658 shares during the period. Finally, Amalgamated Bank grew its holdings in shares of Host Hotels & Resorts by 0.3% during the fourth quarter. Amalgamated Bank now owns 238,115 shares of the company's stock valued at $4,636,000 after purchasing an additional 662 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Analysts Set New Price Targets

HST has been the subject of a number of recent research reports. Bank of America upgraded Host Hotels & Resorts from an "underperform" rating to a "buy" rating and upped their price objective for the stock from $18.00 to $23.00 in a research note on Monday, January 8th. Raymond James increased their price objective on Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an "outperform" rating in a report on Friday, March 15th. Truist Financial boosted their price target on Host Hotels & Resorts from $21.00 to $24.00 and gave the stock a "hold" rating in a research report on Thursday, March 14th. Stifel Nicolaus lifted their price objective on shares of Host Hotels & Resorts from $20.00 to $21.00 and gave the company a "buy" rating in a research note on Wednesday, January 24th. Finally, UBS Group dropped their price target 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. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $21.29.

Host Hotels & Resorts Stock Up 0.6 %

HST stock traded up $0.12 during mid-day trading on Monday, hitting $18.77. The stock had a trading volume of 4,266,003 shares, compared to its average volume of 6,040,436. The stock has a market capitalization of $13.21 billion, a price-to-earnings ratio of 18.40, a PEG ratio of 1.64 and a beta of 1.32. The company has a current ratio of 6.66, a quick ratio of 3.29 and a debt-to-equity ratio of 0.67. Host Hotels & Resorts, Inc. has a 1-year low of $14.92 and a 1-year high of $21.31. The company has a fifty day moving average of $20.11 and a 200 day moving average of $19.03.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 21st. The company reported $0.19 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.25). Host Hotels & Resorts had a net margin of 13.35% and a return on equity of 10.59%. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $0.44 EPS. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 2 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. Shareholders of record on Thursday, March 28th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend was Wednesday, March 27th. This is an increase from Host Hotels & Resorts's previous quarterly dividend of $0.18. Host Hotels & Resorts's dividend payout ratio (DPR) is 78.43%.

Insider Activity

In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the business's stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $21.04, for a total transaction of $591,981.44. Following the completion of the transaction, the chief executive officer now owns 2,225,577 shares of the company's stock, valued at approximately $46,826,140.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.30% of the company's stock.

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.