Impact Partnership Wealth LLC Purchases 2,717 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Impact Partnership Wealth LLC boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 11.5% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 26,413 shares of the company’s stock after purchasing an additional 2,717 shares during the period. Impact Partnership Wealth LLC’s holdings in Host Hotels & Resorts were worth $465,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC increased its holdings in Host Hotels & Resorts by 3.8% during the first quarter. Legacy Wealth Asset Management LLC now owns 15,774 shares of the company’s stock worth $326,000 after buying an additional 579 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Host Hotels & Resorts by 3.0% in the second quarter. Assenagon Asset Management S.A. now owns 19,858 shares of the company’s stock valued at $357,000 after purchasing an additional 584 shares during the last quarter. Covestor Ltd lifted its stake in Host Hotels & Resorts by 16.1% in the first quarter. Covestor Ltd now owns 4,460 shares of the company’s stock valued at $92,000 after purchasing an additional 618 shares during the last quarter. D Orazio & Associates Inc. grew its holdings in Host Hotels & Resorts by 6.3% during the second quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company’s stock valued at $197,000 after purchasing an additional 648 shares during the period. Finally, Quadrature Capital Ltd increased its position in Host Hotels & Resorts by 3.0% in the first quarter. Quadrature Capital Ltd now owns 27,490 shares of the company’s stock worth $568,000 after buying an additional 790 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Up 0.7 %

NASDAQ:HST traded up $0.12 on Thursday, reaching $17.50. 456,876 shares of the stock traded hands, compared to its average volume of 6,714,139. The company’s fifty day simple moving average is $17.49 and its 200 day simple moving average is $17.91. The company has a market capitalization of $12.34 billion, a price-to-earnings ratio of 17.04, a PEG ratio of 1.56 and a beta of 1.32. Host Hotels & Resorts, Inc. has a 12 month low of $14.92 and a 12 month high of $21.31. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.20 per share. The ex-dividend date was Monday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.57%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 78.43%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on HST shares. Wells Fargo & Company cut their price target on Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Friday, September 13th. Oppenheimer reduced their target price on shares of Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, August 12th. JPMorgan Chase & Co. cut shares of Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $20.00 to $18.00 in a research note on Friday, July 19th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Finally, Evercore ISI dropped their target price on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating on the stock in a research report on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $21.29.

Host Hotels & Resorts Company Profile

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.