Resolution Capital Ltd Has $93.65 Million Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Resolution Capital Ltd cut its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,345,395 shares of the company’s stock after selling 317,610 shares during the period. Host Hotels & Resorts makes up 1.7% of Resolution Capital Ltd’s holdings, making the stock its 17th biggest holding. Resolution Capital Ltd owned 0.76% of Host Hotels & Resorts worth $93,651,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in HST. National Pension Service purchased a new position in Host Hotels & Resorts during the 4th quarter worth $26,000. Jones Financial Companies Lllp lifted its position in shares of Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in shares of Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC purchased a new position in Host Hotels & Resorts during the fourth quarter worth about $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts in the 4th quarter worth about $45,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

HST opened at $15.50 on Thursday. The firm has a 50-day moving average price of $14.34 and a 200-day moving average price of $16.34. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.37. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $10.75 billion, a price-to-earnings ratio of 15.66 and a beta of 1.29.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period last year, the firm earned $0.60 EPS. Host Hotels & Resorts’s revenue for the quarter was up 8.4% on a year-over-year basis. Equities analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend was Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 83.33%.

Analyst Ratings Changes

Several equities analysts have commented on HST shares. Wells Fargo & Company dropped their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Jefferies Financial Group lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating and dropped their price target for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. UBS Group reduced their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Raymond James lowered their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Finally, Morgan Stanley reduced their price target on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $18.90.

About Host Hotels & Resorts

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.