Host Hotels and Resorts Inc (HST) Stake Raised by Resolution Capital Ltd

Resolution Capital Ltd lifted its position in shares of Host Hotels and Resorts Inc (NYSE:HST) by 18.4% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,541,303 shares of the real estate investment trust’s stock after purchasing an additional 239,426 shares during the quarter. Host Hotels and Resorts makes up about 1.4% of Resolution Capital Ltd’s portfolio, making the stock its 22nd largest holding. Resolution Capital Ltd’s holdings in Host Hotels and Resorts were worth $30,595,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Amica Retiree Medical Trust acquired a new stake in shares of Host Hotels and Resorts during the third quarter worth $154,000. Penserra Capital Management LLC acquired a new stake in shares of Host Hotels and Resorts during the third quarter worth $177,000. IFP Advisors Inc increased its position in shares of Host Hotels and Resorts by 695.1% during the fourth quarter. IFP Advisors Inc now owns 9,915 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 8,668 shares during the period. Newman Dignan & Sheerar Inc. acquired a new stake in shares of Host Hotels and Resorts during the third quarter worth $194,000. Finally, Quantitative Systematic Strategies LLC increased its position in shares of Host Hotels and Resorts by 32.8% during the third quarter. Quantitative Systematic Strategies LLC now owns 14,061 shares of the real estate investment trust’s stock worth $260,000 after buying an additional 3,472 shares during the period.

In other Host Hotels and Resorts news, EVP Elizabeth A. Abdoo sold 60,000 shares of the firm’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $20.45, for a total value of $1,227,000.00. Following the transaction, the executive vice president now directly owns 168,905 shares of the company’s stock, valued at $3,454,107.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is currently owned by company insiders.

HST has been the subject of several recent analyst reports. BTIG Research upgraded shares of Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a research report on Monday, December 4th. Robert W. Baird set a $21.00 target price on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Friday, December 1st. Stifel Nicolaus reissued a “buy” rating and set a $19.00 target price on shares of Host Hotels and Resorts in a research note on Tuesday, October 17th. Deutsche Bank raised shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and increased their target price for the stock from $18.00 to $21.00 in a research note on Thursday, October 12th. Finally, Boenning Scattergood reissued a “buy” rating and set a $20.00 target price on shares of Host Hotels and Resorts in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $20.46.

Host Hotels and Resorts Inc (HST) opened at $20.11 on Monday. Host Hotels and Resorts Inc has a 12 month low of $17.26 and a 12 month high of $21.53. The stock has a market cap of $14,883.17, a price-to-earnings ratio of 12.04, a P/E/G ratio of 2.45 and a beta of 1.26. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.62 and a current ratio of 3.62.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 15th. Shareholders of record on Friday, December 29th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date was Thursday, December 28th. Host Hotels and Resorts’s dividend payout ratio (DPR) is 100.00%.

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Host Hotels and Resorts Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

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Institutional Ownership by Quarter for Host Hotels and Resorts (NYSE:HST)

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