Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Caprock Group LLC

Caprock Group LLC grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 16.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,206 shares of the company’s stock after purchasing an additional 2,632 shares during the period. Caprock Group LLC’s holdings in Host Hotels & Resorts were worth $331,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. BROOKFIELD Corp ON bought a new stake in shares of Host Hotels & Resorts in the 1st quarter valued at approximately $25,000. Blue Trust Inc. raised its holdings in Host Hotels & Resorts by 212.7% in the 2nd quarter. Blue Trust Inc. now owns 1,473 shares of the company’s stock worth $26,000 after acquiring an additional 1,002 shares during the period. Riverview Trust Co acquired a new position in shares of Host Hotels & Resorts during the 1st quarter worth about $27,000. Mather Group LLC. bought a new position in Host Hotels & Resorts in the 1st quarter worth approximately $35,000. Finally, 1620 Investment Advisors Inc. bought a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $51,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

HST has been the topic of a number of analyst reports. Barclays lowered their target price on shares of Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, May 30th. JPMorgan Chase & Co. downgraded Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $20.00 to $18.00 in a research report on Friday, July 19th. Wedbush restated an “outperform” rating and set a $22.00 target price on shares of Host Hotels & Resorts in a research report on Thursday, May 30th. Truist Financial cut their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a research report on Wednesday, September 4th. Finally, Evercore ISI cut their price objective on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating on the stock in a report on Tuesday, August 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.31.

Host Hotels & Resorts Stock Performance

NASDAQ:HST opened at $17.20 on Friday. The company has a market cap of $12.13 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.50 and a beta of 1.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.55 and a current ratio of 4.55. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $21.31. The stock has a fifty day moving average price of $17.18 and a 200-day moving average price of $18.49.

Host Hotels & Resorts Company 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.