Eisler Capital UK Ltd. Acquires New Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Eisler Capital UK Ltd. acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 34,085 shares of the company’s stock, valued at approximately $664,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. NBC Securities Inc. bought a new stake in Host Hotels & Resorts during the third quarter worth about $35,000. New York Life Investment Management LLC lifted its position in Host Hotels & Resorts by 26.5% in the 3rd quarter. New York Life Investment Management LLC now owns 186,095 shares of the company’s stock worth $2,991,000 after buying an additional 39,037 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new stake in Host Hotels & Resorts in the third quarter worth approximately $2,035,000. Amalgamated Bank grew its position in Host Hotels & Resorts by 8.0% during the third quarter. Amalgamated Bank now owns 237,453 shares of the company’s stock valued at $3,816,000 after acquiring an additional 17,655 shares during the last quarter. Finally, Banque Cantonale Vaudoise raised its stake in shares of Host Hotels & Resorts by 262.2% during the third quarter. Banque Cantonale Vaudoise now owns 37,429 shares of the company’s stock worth $601,000 after acquiring an additional 27,094 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Insider Activity at Host Hotels & Resorts

In other news, Director Walter C. Rakowich sold 3,896 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $18.64, for a total transaction of $72,621.44. Following the transaction, the director now directly owns 64,457 shares of the company’s stock, valued at $1,201,478.48. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Host Hotels & Resorts news, CEO James F. Risoleo sold 28,136 shares of the company’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $21.04, for a total value of $591,981.44. Following the completion of the sale, the chief executive officer now directly owns 2,225,577 shares in the company, valued at approximately $46,826,140.08. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Walter C. Rakowich sold 3,896 shares of Host Hotels & Resorts stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $18.64, for a total value of $72,621.44. Following the transaction, the director now owns 64,457 shares in the company, valued at approximately $1,201,478.48. The disclosure for this sale can be found here. 1.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

HST has been the subject of a number of research reports. Truist Financial cut their price objective on shares of Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating for the company in a research note on Thursday, May 30th. Barclays dropped their target price on Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, May 30th. Wells Fargo & Company upped their price target on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Thursday, March 21st. Wedbush restated an “outperform” rating and set a $22.00 price target on shares of Host Hotels & Resorts in a report on Thursday, May 30th. Finally, UBS Group dropped their price objective on Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating for the company in a report on Friday, April 19th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.36.

Check Out Our Latest Report on HST

Host Hotels & Resorts Price Performance

HST opened at $18.10 on Thursday. The firm has a market cap of $12.76 billion, a PE ratio of 17.75, a P/E/G ratio of 1.57 and a beta of 1.31. The company has a debt-to-equity ratio of 0.67, a current ratio of 6.66 and a quick ratio of 6.66. Host Hotels & Resorts, Inc. has a 1 year low of $14.92 and a 1 year high of $21.31. The stock has a 50-day moving average price of $19.00 and a 200-day moving average price of $19.36.

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 given a dividend of $0.20 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.42%. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.18. Host Hotels & Resorts’s dividend payout ratio (DPR) is 78.43%.

Host Hotels & Resorts Company Profile

(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.

See Also

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report).

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

Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.