Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Acquired by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC increased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 1.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 500,362 shares of the company’s stock after purchasing an additional 9,028 shares during the period. Knights of Columbus Asset Advisors LLC owned 0.07% of Host Hotels & Resorts worth $8,766,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HST. Sei Investments Co. grew its position in Host Hotels & Resorts by 14.5% during the 4th quarter. Sei Investments Co. now owns 2,977,338 shares of the company’s stock worth $52,164,000 after purchasing an additional 377,439 shares in the last quarter. Northwest & Ethical Investments L.P. increased its stake in Host Hotels & Resorts by 45.2% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 12,200 shares of the company’s stock valued at $213,000 after acquiring an additional 3,800 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Host Hotels & Resorts by 36.6% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 375,354 shares of the company’s stock valued at $6,576,000 after buying an additional 100,523 shares in the last quarter. Harvest Fund Management Co. Ltd acquired a new position in Host Hotels & Resorts in the fourth quarter valued at about $149,000. Finally, OVERSEA CHINESE BANKING Corp Ltd lifted its position in shares of Host Hotels & Resorts by 37.1% during the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 229,892 shares of the company’s stock worth $4,028,000 after purchasing an additional 62,271 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on HST shares. Citigroup lowered their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Monday, March 17th. Truist Financial cut their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating for the company in a research note on Friday. Wells Fargo & Company cut their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Stifel Nicolaus cut their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Finally, Compass Point lowered shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $19.54.

Host Hotels & Resorts Price Performance

HST opened at $14.69 on Friday. The stock has a 50-day moving average price of $16.32 and a 200-day moving average price of $17.30. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The firm has a market cap of $10.27 billion, a PE ratio of 14.84 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 1 year low of $14.25 and a 1 year high of $21.27.

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

Host Hotels & Resorts Announces Dividend

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 $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.45%. Host Hotels & Resorts’s payout ratio is 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.