Czech National Bank Buys 8,470 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Czech National Bank increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 151,564 shares of the company’s stock after purchasing an additional 8,470 shares during the quarter. Czech National Bank’s holdings in Host Hotels & Resorts were worth $2,655,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC grew its position in Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after acquiring an additional 867 shares during the last quarter. Signaturefd LLC boosted its stake in shares of Host Hotels & Resorts by 50.5% during the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after purchasing an additional 1,198 shares during the period. Mendota Financial Group LLC grew its holdings in shares of Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after purchasing an additional 842 shares during the last quarter. Maryland Capital Advisors Inc. purchased a new position in Host Hotels & Resorts in the 3rd quarter worth about $90,000. Finally, Abich Financial Wealth Management LLC lifted its holdings in Host Hotels & Resorts by 20.2% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 5,565 shares of the company’s stock valued at $100,000 after buying an additional 935 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on HST. UBS Group reduced their target price on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Stifel Nicolaus cut their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. StockNews.com downgraded Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Finally, Wells Fargo & Company increased their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts has a consensus rating of “Hold” and a consensus target price of $21.04.

Host Hotels & Resorts Price Performance

Shares of HST opened at $17.07 on Friday. The company has a 50 day moving average of $17.97 and a two-hundred day moving average of $17.63. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The company has a market cap of $11.93 billion, a price-to-earnings ratio of 16.57 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.24). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.41 earnings per share. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.69%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

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.