Host Hotels & Resorts, Inc. (NASDAQ:HST) Holdings Raised by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 10.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 106,073 shares of the company’s stock after purchasing an additional 10,463 shares during the period. Ritholtz Wealth Management’s holdings in Host Hotels & Resorts were worth $1,858,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Eastern Bank purchased a new stake in Host Hotels & Resorts in the 4th quarter worth about $45,000. Farther Finance Advisors LLC lifted its stake 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 worth $50,000 after acquiring an additional 867 shares in the last quarter. Signaturefd LLC lifted its stake in Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after acquiring an additional 1,198 shares in the last quarter. Mendota Financial Group LLC lifted its stake in Host Hotels & Resorts by 27.1% in the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after acquiring an additional 842 shares in the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new stake in Host Hotels & Resorts in the 3rd quarter worth about $90,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

HST opened at $17.06 on Friday. The firm has a market capitalization of $11.93 billion, a P/E ratio of 16.56 and a beta of 1.31. The stock’s 50 day moving average price is $17.93 and its two-hundred day moving average price is $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 12-month low of $15.71 and a 12-month high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business earned $0.41 EPS. On average, equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on HST shares. Stifel Nicolaus dropped their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. UBS Group dropped their target price on 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 raised 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 research report on Thursday, October 17th. Finally, Wells Fargo & Company upped their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.04.

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.