Teacher Retirement System of Texas Has $2.23 Million Position in Host Hotels & Resorts, Inc. $HST

Teacher Retirement System of Texas lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 42.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 145,409 shares of the company’s stock after purchasing an additional 43,182 shares during the period. Teacher Retirement System of Texas’ holdings in Host Hotels & Resorts were worth $2,233,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in HST. Armstrong Advisory Group Inc. increased its position in Host Hotels & Resorts by 953.5% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after buying an additional 1,516 shares during the period. TD Private Client Wealth LLC boosted its position in shares of Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after acquiring an additional 691 shares during the period. AlphaQuest LLC acquired a new stake in shares of Host Hotels & Resorts in the first quarter worth $33,000. Ameritas Advisory Services LLC bought a new position in Host Hotels & Resorts during the second quarter worth $33,000. Finally, Brooklyn Investment Group raised its stake in Host Hotels & Resorts by 348.1% during the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company’s stock valued at $34,000 after purchasing an additional 1,845 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $16.02 on Monday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The company has a 50-day moving average of $16.95 and a 200-day moving average of $16.01. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36. The company has a market capitalization of $11.01 billion, a price-to-earnings ratio of 17.04 and a beta of 1.36.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Tuesday, September 30th. Host Hotels & Resorts’s payout ratio is presently 85.11%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on HST. Stifel Nicolaus increased their price target on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a report on Thursday, July 31st. Evercore ISI upped their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Host Hotels & Resorts in a research report on Wednesday, October 8th. UBS Group boosted their price target on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, September 22nd. Finally, Morgan Stanley reiterated an “outperform” rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $17.88.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.