Aurora Investment Counsel Has $1.73 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Aurora Investment Counsel boosted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 11.4% in the second quarter, according to its most recent filing with the SEC. The firm owned 96,308 shares of the company’s stock after acquiring an additional 9,847 shares during the period. Aurora Investment Counsel’s holdings in Host Hotels & Resorts were worth $1,732,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. LSV Asset Management raised its position in shares of Host Hotels & Resorts by 11.7% in the 2nd quarter. LSV Asset Management now owns 9,189,000 shares of the company’s stock valued at $165,218,000 after acquiring an additional 965,100 shares during the period. Centersquare Investment Management LLC grew its holdings in shares of Host Hotels & Resorts by 2.3% in the 4th quarter. Centersquare Investment Management LLC now owns 8,627,779 shares of the company’s stock valued at $167,983,000 after buying an additional 190,606 shares during the period. Daiwa Securities Group Inc. increased its position in shares of Host Hotels & Resorts by 6.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 8,170,699 shares of the company’s stock valued at $146,909,000 after buying an additional 489,415 shares in the last quarter. Skandinaviska Enskilda Banken AB publ raised its stake in Host Hotels & Resorts by 20.2% during the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company’s stock worth $143,169,000 after buying an additional 1,339,458 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Host Hotels & Resorts by 1.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,785,001 shares of the company’s stock worth $104,014,000 after buying an additional 63,669 shares during the period. Institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

HST has been the subject of several recent analyst reports. Evercore ISI lowered their price target on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a report on Tuesday, August 13th. Oppenheimer lowered their target price on Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Monday, August 12th. Stifel Nicolaus dropped their target price on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. JPMorgan Chase & Co. cut shares of Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $20.00 to $18.00 in a report on Friday, July 19th. Finally, Robert W. Baird dropped their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Monday, August 5th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $17.60 on Tuesday. Host Hotels & Resorts, Inc. has a 52-week low of $14.92 and a 52-week high of $21.31. The company has a market cap of $12.41 billion, a P/E ratio of 17.25, a P/E/G ratio of 1.67 and a beta of 1.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.55 and a current ratio of 4.55. The stock’s 50-day simple moving average is $17.20 and its 200 day simple moving average is $18.23.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.55%. The ex-dividend date of this dividend is Monday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) 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.