Swiss National Bank Has $34.77 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Swiss National Bank cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,984,379 shares of the company’s stock after selling 107,300 shares during the quarter. Swiss National Bank owned approximately 0.28% of Host Hotels & Resorts worth $34,766,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Freedom Investment Management Inc. raised its position 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 acquiring an additional 625 shares in the last quarter. Savant Capital LLC raised its position in shares of Host Hotels & Resorts by 2.7% in the 4th quarter. Savant Capital LLC now owns 24,404 shares of the company’s stock worth $428,000 after acquiring an additional 634 shares in the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company’s stock worth $1,297,000 after acquiring an additional 746 shares in the last quarter. Ieq Capital LLC raised its position in shares of Host Hotels & Resorts by 7.3% in the 4th quarter. Ieq Capital LLC now owns 13,281 shares of the company’s stock worth $233,000 after acquiring an additional 899 shares in the last quarter. Finally, Meridian Financial Partners LLC raised its position in shares of Host Hotels & Resorts by 1.3% in the 4th quarter. Meridian Financial Partners LLC now owns 77,830 shares of the company’s stock worth $1,364,000 after acquiring an additional 977 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HST. UBS Group lowered their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Wells Fargo & Company decreased their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Raymond James decreased their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Stifel Nicolaus decreased their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research report on Friday, November 22nd. Finally, Compass Point lowered Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their target price for the company 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, four have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $20.21.

Host Hotels & Resorts Price Performance

HST stock opened at $14.91 on Monday. The company has a market capitalization of $10.42 billion, a P/E ratio of 15.06 and a beta of 1.30. 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, Inc. has a 52-week low of $14.47 and a 52-week high of $21.27. The business has a 50-day simple moving average of $16.52 and a two-hundred day simple moving average of $17.39.

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

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.37%. Host Hotels & Resorts’s payout ratio is presently 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.