Caprock Group LLC Acquires 7,030 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Caprock Group LLC increased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 7.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 100,298 shares of the company’s stock after purchasing an additional 7,030 shares during the quarter. Caprock Group LLC’s holdings in Host Hotels & Resorts were worth $1,787,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after purchasing an additional 991 shares during the period. Eastern Bank acquired a new position in Host Hotels & Resorts in the fourth quarter valued at $45,000. Farther Finance Advisors LLC boosted its position in Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after acquiring an additional 867 shares during the last quarter. Signaturefd LLC grew its holdings in Host Hotels & Resorts by 50.5% during the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after acquiring an additional 1,198 shares during the period. Finally, Mendota Financial Group LLC raised its position in shares of Host Hotels & Resorts by 27.1% in the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after acquiring an additional 842 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

HST stock opened at $16.71 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The business has a 50-day simple moving average of $17.79 and a two-hundred day simple moving average of $17.56. The company has a market capitalization of $11.68 billion, a P/E ratio of 16.22 and a beta of 1.31. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.24). The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The firm’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.41 EPS. Research analysts expect that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.79%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 77.67%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on HST shares. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Stifel Nicolaus reduced their price objective on shares of 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. Wells Fargo & Company boosted their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. UBS Group reduced 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, Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts has a consensus rating of “Hold” and a consensus price target of $20.96.

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.