Kapitalo Investimentos Ltda Makes New Investment in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Kapitalo Investimentos Ltda bought a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,084 shares of the company’s stock, valued at approximately $294,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank purchased a new position in Host Hotels & Resorts during the 4th quarter valued at $615,558,000. Wellington Management Group LLP lifted its holdings in Host Hotels & Resorts by 15.4% in the third quarter. Wellington Management Group LLP now owns 50,275,252 shares of the company’s stock worth $807,923,000 after buying an additional 6,719,578 shares during the period. PGGM Investments bought a new stake in Host Hotels & Resorts during the 4th quarter valued at approximately $57,664,000. Miller Howard Investments Inc. NY purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth approximately $38,873,000. Finally, Cbre Investment Management Listed Real Assets LLC raised its position in shares of Host Hotels & Resorts by 106.5% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 3,420,139 shares of the company’s stock worth $66,590,000 after acquiring an additional 1,764,294 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock traded up $0.10 during trading on Tuesday, hitting $18.06. 362,787 shares of the company’s stock traded hands, compared to its average volume of 6,006,736. Host Hotels & Resorts, Inc. has a 1 year low of $14.92 and a 1 year high of $21.31. The business has a 50-day simple moving average of $18.61 and a 200-day simple moving average of $19.41. The stock has a market capitalization of $12.73 billion, a P/E ratio of 17.79, a PEG ratio of 1.56 and a beta of 1.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 6.66 and a quick ratio of 6.66.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date of this dividend is Friday, June 28th. Host Hotels & Resorts’s payout ratio is presently 78.43%.

Analysts Set New Price Targets

Several research firms recently weighed in on HST. Wedbush restated an “outperform” rating and set a $22.00 price target on shares of Host Hotels & Resorts in a research report on Thursday, May 30th. UBS Group dropped their target price on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a report on Friday, April 19th. Raymond James increased their price target on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, March 15th. Truist Financial dropped their price objective on shares of Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating on the stock in a research note on Thursday, May 30th. Finally, Barclays decreased their target price on shares of Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Thursday, May 30th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $21.36.

Get Our Latest Research Report on HST

Insider Transactions at Host Hotels & Resorts

In related news, CEO James F. Risoleo sold 28,136 shares of Host Hotels & Resorts stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $21.04, for a total value of $591,981.44. Following the completion of the sale, the chief executive officer now owns 2,225,577 shares of the company’s stock, valued at $46,826,140.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CEO James F. Risoleo sold 28,136 shares of the stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $21.04, for a total value of $591,981.44. Following the transaction, the chief executive officer now owns 2,225,577 shares in the company, valued at approximately $46,826,140.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Walter C. Rakowich sold 3,896 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $18.64, for a total transaction of $72,621.44. Following the completion of the transaction, the director now directly owns 64,457 shares in the company, valued at approximately $1,201,478.48. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.

Host Hotels & Resorts Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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