Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Bought by Pacer Advisors Inc.

Pacer Advisors Inc. increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,461 shares of the company’s stock after buying an additional 2,274 shares during the quarter. Pacer Advisors Inc.’s holdings in Host Hotels & Resorts were worth $907,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. LSV Asset Management lifted its holdings in 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 last quarter. Centersquare Investment Management LLC grew its position in Host Hotels & Resorts by 2.3% in the fourth quarter. Centersquare Investment Management LLC now owns 8,627,779 shares of the company’s stock worth $167,983,000 after buying an additional 190,606 shares during the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Host Hotels & Resorts by 6.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 8,170,699 shares of the company’s stock valued at $146,909,000 after acquiring an additional 489,415 shares during the last quarter. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of 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 acquiring an additional 1,339,458 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Host Hotels & Resorts by 1.1% during the second quarter. Bank of New York Mellon Corp now owns 5,785,001 shares of the company’s stock worth $104,014,000 after purchasing an additional 63,669 shares during the period. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Down 0.6 %

NASDAQ:HST opened at $18.13 on Friday. 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 company has a market capitalization of $12.78 billion, a P/E ratio of 17.77, a P/E/G ratio of 1.67 and a beta of 1.32. Host Hotels & Resorts, Inc. has a 52 week low of $14.92 and a 52 week high of $21.31. The stock’s 50 day moving average price is $17.21 and its 200 day moving average price is $18.27.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.41%. The ex-dividend date of this dividend is Monday, September 30th. Host Hotels & Resorts’s payout ratio is presently 78.43%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HST shares. Truist Financial decreased their price target on Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating for the company in a research report on Wednesday, September 4th. Wells Fargo & Company cut their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating on the stock in a report on Friday, September 13th. Robert W. Baird lowered 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 research report on Monday, August 5th. Oppenheimer reduced their target price on Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, August 12th. Finally, Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $21.00.

About Host Hotels & Resorts

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.