Federated Hermes Inc. Has $818000 Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) – Defense World

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Federated Hermes Inc. boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,992 shares of the company’s stock after buying an additional 1,351 shares during the period. Federated Hermes Inc.’s holdings in Host Hotels & Resorts were worth $818,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of HST. CVA Family Office LLC bought a new stake in Host Hotels & Resorts in the fourth quarter valued at $26,000. Parkside Financial Bank & Trust increased its stake in Host Hotels & Resorts by 57.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock valued at $28,000 after purchasing an additional 639 shares in the last quarter. NBC Securities Inc. bought a new stake in Host Hotels & Resorts in the third quarter valued at $35,000. Turtle Creek Wealth Advisors LLC bought a new stake in Host Hotels & Resorts in the fourth quarter valued at $40,000. Finally, Private Trust Co. NA increased its stake in Host Hotels & Resorts by 186.1% in the fourth quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock valued at $46,000 after purchasing an additional 1,537 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. UBS Group decreased their target price 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. Raymond James boosted their target price on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an “outperform” rating in a research report on Friday, March 15th. Barclays boosted their target price 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. Bank of America raised shares of Host Hotels & Resorts from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $18.00 to $23.00 in a research report on Monday, January 8th. Finally, Truist Financial boosted their target price on shares of Host Hotels & Resorts from $21.00 to $24.00 and gave the stock a “hold” rating in a research report on Thursday, March 14th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Get Our Latest Research Report on Host Hotels & Resorts

Host Hotels & Resorts Stock Down 0.2 %

HST opened at $18.84 on Thursday. The company has a quick ratio of 3.29, a current ratio of 3.29 and a debt-to-equity ratio of 0.63. The stock has a market cap of $13.26 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 1.71 and a beta of 1.31. Host Hotels & Resorts, Inc. has a twelve month low of $14.92 and a twelve month high of $21.31. The company’s 50-day moving average price is $20.21 and its two-hundred day moving average price is $18.98.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its earnings results on Wednesday, February 21st. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.25). The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a net margin of 13.93% and a return on equity of 10.82%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. As a group, equities analysts expect that Host Hotels & Resorts, Inc. will post 1.97 earnings per share for the current year.

Host Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.25%. This is a boost from Host Hotels & Resorts’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, March 27th. Host Hotels & Resorts’s payout ratio is presently 76.92%.

Insider Buying and Selling at Host Hotels & Resorts

In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $21.04, for a total value of $591,981.44. Following the transaction, the chief executive officer now directly owns 2,225,577 shares in the company, valued at $46,826,140.08. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 1.30% of the company’s stock.

About Host Hotels & Resorts

(Free Report)

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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