26,700 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Bought by Quadrature Capital Ltd

Quadrature Capital Ltd acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 26,700 shares of the company’s stock, valued at approximately $520,000.

Several other hedge funds have also added to or reduced their stakes in HST. CVA Family Office LLC acquired a new stake in Host Hotels & Resorts during the 4th quarter worth $26,000. Parkside Financial Bank & Trust increased its holdings in Host Hotels & Resorts by 57.5% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock worth $28,000 after purchasing an additional 639 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in Host Hotels & Resorts during the 4th quarter worth about $40,000. Private Trust Co. NA increased its holdings in Host Hotels & Resorts by 186.1% during the 4th quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock worth $46,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in Host Hotels & Resorts by 222.4% during the 4th quarter. Signaturefd LLC now owns 2,463 shares of the company’s stock worth $48,000 after purchasing an additional 1,699 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analysts Set New Price Targets

HST has been the subject of a number of research reports. Wells Fargo & Company increased their target price on Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a report on Thursday, March 21st. Wedbush restated an “outperform” rating and issued a $22.00 price objective on shares of Host Hotels & Resorts in a report on Thursday, May 30th. Raymond James raised their price objective on Host Hotels & Resorts from $19.00 to $23.00 and gave the company an “outperform” rating in a report on Friday, March 15th. Barclays decreased their price objective on Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, May 30th. Finally, Truist Financial decreased their price objective on Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating for the company in a report on Thursday, May 30th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $21.36.

Host Hotels & Resorts Stock Up 1.5 %

NASDAQ HST opened at $18.33 on Monday. The company has a current ratio of 6.66, a quick ratio of 6.66 and a debt-to-equity ratio of 0.67. Host Hotels & Resorts, Inc. has a 1-year low of $14.92 and a 1-year high of $21.31. The company has a 50 day moving average of $18.43 and a 200-day moving average of $19.40. The company has a market cap of $12.92 billion, a price-to-earnings ratio of 17.97, a PEG ratio of 1.58 and a beta of 1.31.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, June 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.36%. Host Hotels & Resorts’s payout ratio is presently 78.43%.

Insiders Place Their Bets

In related news, Director Walter C. Rakowich sold 3,896 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $18.64, for a total value of $72,621.44. Following the sale, the director now owns 64,457 shares of the company’s stock, valued at $1,201,478.48. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 1.30% of the company’s stock.

Host Hotels & Resorts 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.