Impact Investors Inc Makes New Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Impact Investors Inc acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the fourth quarter, HoldingsChannel reports. The fund acquired 58,339 shares of the company’s stock, valued at approximately $1,022,000.

Several other large investors have also made changes to their positions in the company. Signaturefd LLC lifted its position in Host Hotels & Resorts by 50.5% during the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after buying an additional 1,198 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in Host Hotels & Resorts by 1,549.8% in the 3rd quarter. International Assets Investment Management LLC now owns 13,693 shares of the company’s stock worth $2,410,000 after acquiring an additional 12,863 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its position in Host Hotels & Resorts by 21.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 86,218 shares of the company’s stock valued at $1,563,000 after acquiring an additional 15,517 shares in the last quarter. Eagle Strategies LLC raised its stake in shares of Host Hotels & Resorts by 18.7% during the third quarter. Eagle Strategies LLC now owns 27,619 shares of the company’s stock valued at $486,000 after purchasing an additional 4,346 shares during the period. Finally, IRON Financial LLC acquired a new position in shares of Host Hotels & Resorts during the third quarter worth $202,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on HST. Stifel Nicolaus dropped their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Wells Fargo & Company cut their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Raymond James decreased their price target on shares of 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. UBS Group decreased their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Finally, StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.54.

Host Hotels & Resorts Trading Down 1.4 %

NASDAQ HST opened at $16.02 on Wednesday. The firm has a market cap of $11.20 billion, a P/E ratio of 16.18 and a beta of 1.30. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The stock’s 50-day moving average is $17.07 and its 200-day moving average is $17.49.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.15 by $0.29. The business had revenue of $1.43 billion during 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 anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently declared 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. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s payout ratio is 80.81%.

About Host Hotels & Resorts

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.