Wealth Enhancement Advisory Services LLC increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 28.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 151,156 shares of the company’s stock after acquiring an additional 33,374 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Host Hotels & Resorts were worth $2,763,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the stock. CYBER HORNET ETFs LLC purchased a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $29,000. Clearstead Advisors LLC increased its holdings in shares of Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after purchasing an additional 786 shares in the last quarter. MUFG Securities EMEA plc purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. lifted its stake in shares of Host Hotels & Resorts by 234.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after purchasing an additional 1,339 shares during the period. Finally, Compagnie Lombard Odier SCmA acquired a new position in shares of Host Hotels & Resorts in the 3rd quarter valued at $34,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.
Host Hotels & Resorts Price Performance
Host Hotels & Resorts stock opened at $19.10 on Thursday. The stock has a market capitalization of $13.14 billion, a P/E ratio of 17.36, a P/E/G ratio of 2.23 and a beta of 1.11. The company’s fifty day moving average price is $19.30 and its 200 day moving average price is $18.11. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.59 and a current ratio of 2.59. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $21.00.
Host Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Tuesday, March 31st. Host Hotels & Resorts’s dividend payout ratio is 72.73%.
Analyst Ratings Changes
Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price target on shares of Host Hotels & Resorts from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. LADENBURG THALM/SH SH began coverage on shares of Host Hotels & Resorts in a research report on Thursday, March 26th. They issued a “buy” rating and a $23.00 price objective for the company. Truist Financial increased their target price on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Stifel Nicolaus set a $22.00 target price on Host Hotels & Resorts in a research report on Thursday, February 19th. Finally, Citigroup lifted their price target on Host Hotels & Resorts from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.43.
View Our Latest Stock Report on Host Hotels & Resorts
Host Hotels & Resorts Profile
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
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