Atlas Capital Advisors LLC Acquires 15,412 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Atlas Capital Advisors LLC increased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 59,276.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,438 shares of the company’s stock after purchasing an additional 15,412 shares during the period. Atlas Capital Advisors LLC’s holdings in Host Hotels & Resorts were worth $319,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Riverview Trust Co bought a new position in shares of Host Hotels & Resorts in the 1st quarter valued at approximately $27,000. CVA Family Office LLC acquired a new position in Host Hotels & Resorts during the 4th quarter worth $26,000. Parkside Financial Bank & Trust grew its position in shares of Host Hotels & Resorts by 57.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock valued at $28,000 after purchasing an additional 639 shares during the last quarter. Mather Group LLC. bought a new position in shares of Host Hotels & Resorts in the first quarter worth about $35,000. Finally, Turtle Creek Wealth Advisors LLC acquired a new position in shares of Host Hotels & Resorts during the 4th quarter worth about $40,000. 98.52% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Host Hotels & Resorts

In other news, Director Walter C. Rakowich sold 3,896 shares of the company’s stock in a transaction 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 transaction, 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 Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 1.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. UBS Group decreased their price target on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, April 19th. Wedbush restated an “outperform” rating and set a $22.00 price objective on shares of Host Hotels & Resorts in a research report on Thursday, May 30th. Wells Fargo & Company raised their target price on Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, March 21st. Truist Financial lowered their price target on shares of Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating on the stock in a report on Thursday, May 30th. Finally, Raymond James raised their price objective on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an “outperform” rating in a report on Friday, March 15th. 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 currently has a consensus rating of “Moderate Buy” and an average target price of $21.36.

Host Hotels & Resorts Trading Up 0.9 %

Shares of NASDAQ HST opened at $18.02 on Friday. 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 $18.35 and a two-hundred day moving average of $19.40. The company has a market cap of $12.70 billion, a PE ratio of 17.67, a P/E/G ratio of 1.56 and a beta of 1.31. 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 Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.44%. The ex-dividend date is Friday, June 28th. Host Hotels & Resorts’s dividend payout ratio is 78.43%.

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.