4,901 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Acquired by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 4,901 shares of the company’s stock, valued at approximately $78,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Brown Brothers Harriman & Co. lifted its stake in Host Hotels & Resorts by 1,921.5% during the first quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock worth $26,000 after purchasing an additional 1,249 shares during the last quarter. FinTrust Capital Advisors LLC purchased a new stake in Host Hotels & Resorts in the third quarter valued at approximately $27,000. GPS Wealth Strategies Group LLC purchased a new stake in Host Hotels & Resorts in the third quarter valued at approximately $25,000. Parkside Financial Bank & Trust lifted its stake in Host Hotels & Resorts by 146.3% in the first quarter. Parkside Financial Bank & Trust now owns 1,643 shares of the company’s stock valued at $32,000 after buying an additional 976 shares during the last quarter. Finally, Glassman Wealth Services lifted its stake in Host Hotels & Resorts by 317.9% in the second quarter. Glassman Wealth Services now owns 1,747 shares of the company’s stock valued at $27,000 after buying an additional 1,329 shares during the last quarter. Hedge funds and other institutional investors own 97.07% of the company’s stock.

Analyst Upgrades and Downgrades

HST has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Host Hotels & Resorts from $26.00 to $24.00 and set a “buy” rating for the company in a research note on Tuesday, October 25th. StockNews.com initiated coverage on Host Hotels & Resorts in a research note on Wednesday, October 12th. They issued a “hold” rating for the company. TheStreet upgraded Host Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Friday, October 28th. Finally, Morgan Stanley began coverage on Host Hotels & Resorts in a research note on Monday, December 5th. They issued an “equal weight” rating and a $20.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $22.27.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $17.40 on Friday. The business has a 50 day simple moving average of $17.33 and a 200-day simple moving average of $17.59. Host Hotels & Resorts, Inc. has a 12 month low of $15.10 and a 12 month high of $21.63. The stock has a market capitalization of $12.44 billion, a PE ratio of 15.40 and a beta of 1.25. The company has a debt-to-equity ratio of 0.62, a current ratio of 8.73 and a quick ratio of 8.73.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 17th. Investors of record on Friday, December 30th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Thursday, December 29th. Host Hotels & Resorts’s dividend payout ratio is presently 42.48%.

Host Hotels & Resorts Profile

(Get Rating)

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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

Further Reading

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

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