Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. lifted its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,017 shares of the company’s stock after buying an additional 845 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Host Hotels & Resorts were worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. CVA Family Office LLC acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter worth approximately $26,000. Parkside Financial Bank & Trust boosted its position in shares of 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 during the period. NBC Securities Inc. purchased a new position in shares of Host Hotels & Resorts during the 3rd quarter worth approximately $35,000. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth approximately $40,000. Finally, Private Trust Co. NA boosted its position in shares of 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 during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Insider Buying and Selling

In related news, CEO James F. Risoleo sold 28,136 shares of Host Hotels & Resorts stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $21.04, for a total transaction of $591,981.44. Following the sale, the chief executive officer now directly owns 2,225,577 shares in the company, valued at approximately $46,826,140.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is owned by company insiders.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $18.86 on Monday. The stock has a market cap of $13.27 billion, a P/E ratio of 18.13, a price-to-earnings-growth ratio of 1.68 and a beta of 1.31. The company has a fifty day simple moving average of $20.24 and a 200-day simple moving average of $18.94. Host Hotels & Resorts, Inc. has a 12-month low of $14.92 and a 12-month high of $21.31. The company has a current ratio of 3.29, a quick ratio of 3.29 and a debt-to-equity ratio of 0.63.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, February 21st. The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.25). The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.82% and a net margin of 13.93%. Host Hotels & Resorts’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period last year, the firm posted $0.44 earnings per share. Equities analysts expect that Host Hotels & Resorts, Inc. will post 1.97 EPS for the current fiscal year.

Host Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were paid a dividend of $0.20 per share. This is a positive change from Host Hotels & Resorts’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of 4.24%. The ex-dividend date was Wednesday, March 27th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.92%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on HST shares. UBS Group lowered their price objective on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating for the company in a research report on Friday, April 19th. Barclays increased their price objective on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, March 15th. Jefferies Financial Group increased their price objective on shares of Host Hotels & Resorts from $21.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. Oppenheimer increased their price objective on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Friday, January 5th. Finally, Raymond James raised their price target on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the company an “outperform” rating in a research report on Friday, March 15th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $21.33.

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.