Foster & Motley Inc. Has $382,000 Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Foster & Motley Inc. cut its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 42.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,599 shares of the company’s stock after selling 14,424 shares during the period. Foster & Motley Inc.’s holdings in Host Hotels & Resorts were worth $382,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CVA Family Office LLC bought a new position in shares of Host Hotels & Resorts in the fourth quarter worth about $26,000. Parkside Financial Bank & Trust raised its position in Host Hotels & Resorts by 57.5% in 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 last quarter. Turtle Creek Wealth Advisors LLC acquired a new position in Host Hotels & Resorts during the 4th quarter worth $40,000. NBC Securities Inc. bought a new position in Host Hotels & Resorts in the 3rd quarter valued at $35,000. Finally, Private Trust Co. NA increased its stake in shares of Host Hotels & Resorts by 186.1% in the 4th quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock valued at $46,000 after buying an additional 1,537 shares during the period. 98.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HST shares. Jefferies Financial Group upped their price target on Host Hotels & Resorts from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, January 2nd. Stifel Nicolaus upped their target price on shares of Host Hotels & Resorts from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Wells Fargo & Company boosted their price target on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Thursday, March 21st. Truist Financial increased their price objective on shares of Host Hotels & Resorts from $21.00 to $24.00 and gave the company a “hold” rating in a report on Thursday, March 14th. Finally, Raymond James increased their price target on Host Hotels & Resorts from $19.00 to $23.00 and gave the company an “outperform” rating in a research note on Friday, March 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $21.33.

Insider Buying and Selling at Host Hotels & Resorts

In related news, CEO James F. Risoleo sold 28,136 shares of the company’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 Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.30% of the company’s stock.

Host Hotels & Resorts Trading Up 0.2 %

NASDAQ:HST opened at $19.33 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.29 and a quick ratio of 3.29. The business’s 50-day simple moving average is $20.27 and its 200-day simple moving average is $18.88. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $21.31. The stock has a market capitalization of $13.60 billion, a PE ratio of 18.59, a price-to-earnings-growth ratio of 1.72 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly 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 the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 13.93% and a return on equity of 10.82%. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 EPS. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.97 earnings per share for the current fiscal year.

Host Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a dividend of $0.20 per share. This is a boost from Host Hotels & Resorts’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend was Wednesday, March 27th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.92%.

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.