First Trust Advisors LP Purchases 483,128 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

First Trust Advisors LP lifted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) by 170.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 767,124 shares of the company’s stock after buying an additional 483,128 shares during the period. First Trust Advisors LP owned about 0.11% of Host Hotels & Resorts worth $12,308,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. increased its holdings in Host Hotels & Resorts by 1,921.5% during the 1st quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock worth $26,000 after purchasing an additional 1,249 shares in the last quarter. Ronald Blue Trust Inc. increased its holdings in Host Hotels & Resorts by 96.7% during the 4th quarter. Ronald Blue Trust Inc. now owns 1,617 shares of the company’s stock worth $25,000 after purchasing an additional 795 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Host Hotels & Resorts by 146.3% during the 1st quarter. Parkside Financial Bank & Trust now owns 1,643 shares of the company’s stock worth $32,000 after purchasing an additional 976 shares in the last quarter. Signaturefd LLC increased its holdings in Host Hotels & Resorts by 131.5% during the 4th quarter. Signaturefd LLC now owns 1,989 shares of the company’s stock worth $32,000 after purchasing an additional 1,130 shares in the last quarter. Finally, Guardian Wealth Advisors LLC bought a new position in Host Hotels & Resorts during the 3rd quarter worth about $35,000. Institutional investors own 97.07% of the company’s stock.

Wall Street Analyst Weigh In

HST has been the subject of a number of research reports. Stifel Nicolaus lowered their target price on Host Hotels & Resorts from $21.00 to $19.50 in a report on Thursday, May 4th. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Friday, May 5th. Morgan Stanley increased their price objective on shares of Host Hotels & Resorts from $18.00 to $19.00 in a research note on Friday, May 12th. Citigroup reduced their price objective on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Friday, March 3rd. Finally, Raymond James reduced their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an “outperform” rating for the company in a research note on Wednesday, March 29th. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $20.86.

Host Hotels & Resorts Stock Down 1.8 %

Shares of HST opened at $16.82 on Wednesday. Host Hotels & Resorts, Inc. has a 12 month low of $14.51 and a 12 month high of $21.25. The firm’s 50 day moving average is $16.45 and its 200-day moving average is $16.66. The stock has a market capitalization of $11.96 billion, a PE ratio of 15.02 and a beta of 1.29. The company has a current ratio of 5.44, a quick ratio of 5.44 and a debt-to-equity ratio of 0.61.

Host Hotels & Resorts Company Profile

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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.