11,775 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC purchased a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,775 shares of the company’s stock, valued at approximately $198,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HST. Brown Brothers Harriman & Co. boosted its holdings in Host Hotels & Resorts by 1,921.5% in the 1st quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock valued at $26,000 after purchasing an additional 1,249 shares during the last quarter. V Square Quantitative Management LLC acquired a new position in Host Hotels & Resorts in the 2nd quarter valued at about $30,000. Belpointe Asset Management LLC boosted its holdings in Host Hotels & Resorts by 66.2% in the 1st quarter. Belpointe Asset Management LLC now owns 1,871 shares of the company’s stock valued at $31,000 after purchasing an additional 745 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in Host Hotels & Resorts by 146.3% in the 1st quarter. Parkside Financial Bank & Trust now owns 1,643 shares of the company’s stock valued at $32,000 after purchasing an additional 976 shares during the last quarter. Finally, First Horizon Advisors Inc. boosted its holdings in Host Hotels & Resorts by 225.2% in the 1st quarter. First Horizon Advisors Inc. now owns 2,107 shares of the company’s stock valued at $35,000 after purchasing an additional 1,459 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Up 1.4 %

Shares of NASDAQ:HST opened at $17.51 on Tuesday. Host Hotels & Resorts, Inc. has a 52 week low of $14.51 and a 52 week high of $19.42. The company’s 50 day moving average is $16.15 and its two-hundred day moving average is $16.61. The company has a current ratio of 5.77, a quick ratio of 5.77 and a debt-to-equity ratio of 0.61. The company has a market cap of $12.35 billion, a PE ratio of 16.68 and a beta of 1.27.

Host Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were given a $0.18 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.15. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.11%. Host Hotels & Resorts’s dividend payout ratio is currently 68.57%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on HST. Barclays reduced their price target on shares of Host Hotels & Resorts from $22.00 to $21.00 and set an “overweight” rating on the stock in a research note on Thursday, September 28th. UBS Group reduced their price target on shares of Host Hotels & Resorts from $20.00 to $18.00 and set a “neutral” rating on the stock in a research note on Thursday, November 16th. HSBC began coverage on shares of Host Hotels & Resorts in a research note on Monday, October 23rd. They issued a “buy” rating and a $21.00 price target on the stock. StockNews.com raised shares of Host Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, November 9th. Finally, Wedbush began coverage on shares of Host Hotels & Resorts in a research note on Tuesday, October 3rd. They issued an “outperform” rating and a $19.00 price target on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $20.04.

Host Hotels & Resorts Company 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 41,900 rooms.