Cetera Investment Advisers Has $1.79 Million Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Cetera Investment Advisers grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 227.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 102,415 shares of the company’s stock after purchasing an additional 71,144 shares during the period. Cetera Investment Advisers’ holdings in Host Hotels & Resorts were worth $1,794,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in HST. MassMutual Private Wealth & Trust FSB grew its stake in shares of Host Hotels & Resorts by 94.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after buying an additional 991 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Host Hotels & Resorts by 186.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 52,203 shares of the company’s stock valued at $915,000 after buying an additional 33,984 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Host Hotels & Resorts by 56.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 12,119 shares of the company’s stock valued at $212,000 after buying an additional 4,391 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of Host Hotels & Resorts by 5.0% in the 4th quarter. Fifth Third Bancorp now owns 34,762 shares of the company’s stock valued at $609,000 after buying an additional 1,661 shares in the last quarter. Finally, Patton Albertson Miller Group LLC grew its stake in shares of Host Hotels & Resorts by 1.2% in the 4th quarter. Patton Albertson Miller Group LLC now owns 258,919 shares of the company’s stock valued at $4,536,000 after buying an additional 3,114 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Jefferies Financial Group cut Host Hotels & Resorts from a “buy” rating to a “hold” rating and lowered their price target for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th. Evercore ISI reissued an “outperform” rating on shares of Host Hotels & Resorts in a research note on Friday. Citigroup decreased their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a research report on Monday, March 17th. Truist Financial decreased their target price on Host Hotels & Resorts from $20.00 to $17.00 and set a “hold” rating for the company in a research report on Friday, March 21st. Finally, UBS Group decreased their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.90.

Host Hotels & Resorts Stock Down 0.9%

Shares of HST stock opened at $15.42 on Tuesday. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.37. The firm has a market cap of $10.70 billion, a PE ratio of 15.58 and a beta of 1.29. The stock has a 50 day moving average of $14.34 and a 200-day moving average of $16.28. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.55 billion. During the same period in the previous year, the company earned $0.60 earnings per share. The company’s quarterly revenue was up 8.4% compared to the same quarter last year. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a $0.20 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.19%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 83.33%.

Host Hotels & Resorts Profile

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.