Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Increased by Tidal Investments LLC

Tidal Investments LLC grew its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 27.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,038 shares of the company’s stock after buying an additional 6,611 shares during the period. Tidal Investments LLC’s holdings in Host Hotels & Resorts were worth $546,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in HST. Blue Trust Inc. grew its holdings in shares of Host Hotels & Resorts by 212.7% during the second quarter. Blue Trust Inc. now owns 1,473 shares of the company’s stock valued at $26,000 after purchasing an additional 1,002 shares during the last quarter. Global X Japan Co. Ltd. bought a new position in Host Hotels & Resorts during the 2nd quarter worth $30,000. Farther Finance Advisors LLC increased its position in Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after buying an additional 867 shares during the period. Signaturefd LLC increased its position in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after buying an additional 1,198 shares during the period. Finally, Mendota Financial Group LLC lifted its stake in Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock valued at $70,000 after buying an additional 842 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Truist Financial lowered their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, September 4th. StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. UBS Group reduced their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, November 15th. Stifel Nicolaus lowered 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. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $22.00 in a research note on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $21.39.

Host Hotels & Resorts Stock Up 3.2 %

NASDAQ HST opened at $18.20 on Monday. Host Hotels & Resorts, Inc. has a 12 month low of $15.71 and a 12 month high of $21.31. The company has a market capitalization of $12.72 billion, a P/E ratio of 17.67 and a beta of 1.32. The company’s 50 day simple moving average is $18.03 and its 200 day simple moving average is $17.70. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.24). The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. Host Hotels & Resorts’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.20 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.40%. Host Hotels & Resorts’s dividend payout ratio is currently 77.67%.

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.