Leeward Investments LLC MA cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 3.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 242,736 shares of the company’s stock after selling 8,300 shares during the quarter. Leeward Investments LLC MA’s holdings in Host Hotels & Resorts were worth $4,253,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in HST. Blue Trust Inc. boosted its holdings in shares of Host Hotels & Resorts by 626.1% in the 3rd quarter. Blue Trust Inc. now owns 10,696 shares of the company’s stock worth $192,000 after acquiring an additional 9,223 shares in the last quarter. Signaturefd LLC boosted its stake in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after purchasing an additional 1,198 shares in the last quarter. International Assets Investment Management LLC grew its holdings in shares of Host Hotels & Resorts by 1,549.8% during the third quarter. International Assets Investment Management LLC now owns 13,693 shares of the company’s stock worth $2,410,000 after purchasing an additional 12,863 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Host Hotels & Resorts by 21.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 86,218 shares of the company’s stock valued at $1,563,000 after buying an additional 15,517 shares in the last quarter. Finally, Forsta AP Fonden increased its stake in shares of Host Hotels & Resorts by 5.5% in the third quarter. Forsta AP Fonden now owns 468,200 shares of the company’s stock valued at $8,240,000 after buying an additional 24,400 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.
Analyst Upgrades and Downgrades
HST has been the topic of a number of research analyst reports. Wells Fargo & Company decreased their price objective on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. Stifel Nicolaus decreased their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. UBS Group dropped their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Raymond James reduced their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. Finally, StockNews.com cut Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $20.54.
Host Hotels & Resorts Trading Down 2.5 %
NASDAQ HST opened at $16.34 on Monday. Host Hotels & Resorts, Inc. has a 12 month low of $15.71 and a 12 month high of $21.31. The stock has a 50-day simple moving average of $17.18 and a 200 day simple moving average of $17.49. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $11.42 billion, a PE ratio of 16.51 and a beta of 1.30.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. The company had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. Research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.
Host Hotels & Resorts Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 4.90%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.81%.
Host Hotels & Resorts 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.
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