Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Acquired by Blackhawk Capital Partners LLC.

Blackhawk Capital Partners LLC. increased its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 41.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,433 shares of the company’s stock after acquiring an additional 4,823 shares during the period. Blackhawk Capital Partners LLC.’s holdings in Host Hotels & Resorts were worth $289,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Bessemer Group Inc. boosted its position in shares of Host Hotels & Resorts by 645.5% in the first quarter. Bessemer Group Inc. now owns 64,416 shares of the company’s stock worth $1,331,000 after acquiring an additional 55,775 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Host Hotels & Resorts by 854.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 319,791 shares of the company’s stock valued at $5,750,000 after buying an additional 286,281 shares in the last quarter. Lazard Asset Management LLC lifted its position in Host Hotels & Resorts by 111.7% during the first quarter. Lazard Asset Management LLC now owns 1,642,387 shares of the company’s stock valued at $33,963,000 after buying an additional 866,530 shares in the last quarter. Swedbank AB acquired a new position in Host Hotels & Resorts during the first quarter valued at approximately $15,509,000. Finally, PGGM Investments lifted its position in Host Hotels & Resorts by 2.0% during the second quarter. PGGM Investments now owns 3,113,528 shares of the company’s stock valued at $55,981,000 after buying an additional 59,772 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HST has been the topic of a number of analyst reports. Robert W. Baird dropped their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday, August 5th. StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Evercore ISI dropped their price target on shares of Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a research note on Tuesday, August 13th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Finally, UBS Group decreased their price objective on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, November 15th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $21.21.

Host Hotels & Resorts Stock Up 0.5 %

HST opened at $17.42 on Thursday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The company has a market capitalization of $12.18 billion, a PE ratio of 16.91, a P/E/G ratio of 1.57 and a beta of 1.32. The stock’s fifty day moving average is $17.76 and its 200-day moving average is $17.68. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31.

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

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.20 dividend. The ex-dividend date was Monday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.59%. Host Hotels & Resorts’s dividend payout ratio is currently 77.67%.

About Host Hotels & Resorts

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.