Versor Investments LP Buys 9,400 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Versor Investments LP lifted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 14.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 72,922 shares of the company’s stock after buying an additional 9,400 shares during the period. Versor Investments LP’s holdings in Host Hotels & Resorts were worth $1,278,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Freedom Investment Management Inc. boosted its stake in shares of Host Hotels & Resorts by 3.0% in the 3rd quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock worth $380,000 after buying an additional 625 shares during the last quarter. Savant Capital LLC lifted its holdings in shares of Host Hotels & Resorts by 2.7% in the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company’s stock worth $428,000 after buying an additional 634 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in Host Hotels & Resorts by 1.0% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company’s stock worth $1,297,000 after purchasing an additional 746 shares during the last quarter. Verdence Capital Advisors LLC lifted its holdings in shares of Host Hotels & Resorts by 4.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company’s stock valued at $296,000 after acquiring an additional 784 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in shares of Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after purchasing an additional 867 shares during the last quarter. 98.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Wells Fargo & Company cut their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. UBS Group cut their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Raymond James decreased their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Stifel Nicolaus cut their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a report on Friday, November 22nd. Finally, StockNews.com cut Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $20.54.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST opened at $16.03 on Thursday. The stock has a fifty day moving average price of $17.04 and a two-hundred day moving average price of $17.48. The firm has a market cap of $11.20 billion, a P/E ratio of 16.19 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 1 year low of $15.71 and a 1 year high of $21.31. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.99%. Host Hotels & Resorts’s dividend payout ratio is currently 80.81%.

Host Hotels & Resorts Profile

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.