GAMMA Investing LLC Has $215,000 Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

GAMMA Investing LLC lifted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 42.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,275 shares of the company’s stock after purchasing an additional 3,684 shares during the quarter. GAMMA Investing LLC’s holdings in Host Hotels & Resorts were worth $215,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. State Street Corp grew its stake in shares of Host Hotels & Resorts by 1.9% during the third quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after buying an additional 950,431 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Host Hotels & Resorts by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company’s stock valued at $331,698,000 after acquiring an additional 180,904 shares in the last quarter. Daiwa Securities Group Inc. grew its position in Host Hotels & Resorts by 66.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock worth $240,017,000 after acquiring an additional 5,466,629 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Host Hotels & Resorts by 1.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,300,937 shares of the company’s stock worth $181,296,000 after purchasing an additional 181,103 shares in the last quarter. Finally, Skandinaviska Enskilda Banken AB publ raised its position in Host Hotels & Resorts by 20.2% in the second quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company’s stock valued at $143,169,000 after purchasing an additional 1,339,458 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HST has been the topic of several research reports. Wells Fargo & Company boosted their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Stifel Nicolaus cut their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a report on Friday, November 22nd. UBS Group decreased their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a report on Friday, November 15th. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.19.

Host Hotels & Resorts Trading Down 1.3 %

Shares of HST stock opened at $17.05 on Wednesday. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.31. 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 stock has a 50 day simple moving average of $18.02 and a two-hundred day simple moving average of $17.67. The company has a market cap of $11.92 billion, a P/E ratio of 16.55 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The company had revenue of $1.32 billion for the quarter, compared to analyst estimates 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 revenue was up 8.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.41 EPS. Research analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.20 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.69%. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

Host Hotels & Resorts Company 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.