Citizens Financial Group Inc. RI Sells 10,299 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Citizens Financial Group Inc. RI lessened its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 210,449 shares of the company’s stock after selling 10,299 shares during the period. Citizens Financial Group Inc. RI’s holdings in Host Hotels & Resorts were worth $3,687,000 at the end of the most recent quarter.

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

Host Hotels & Resorts Price Performance

Shares of HST opened at $15.34 on Wednesday. The business has a 50-day simple moving average of $16.68 and a two-hundred day simple moving average of $17.44. Host Hotels & Resorts, Inc. has a 12-month low of $15.26 and a 12-month high of $21.27. 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 stock has a market cap of $10.72 billion, a PE ratio of 15.49 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.29. The firm had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio is currently 80.81%.

Analyst Ratings Changes

A number of research firms recently commented on HST. Stifel Nicolaus lowered 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 report on Friday, November 22nd. Compass Point cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Monday. UBS Group cut their price target 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. Wells Fargo & Company lowered their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Finally, Raymond James reduced their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, Host Hotels & Resorts has an average rating of “Hold” and an average price target of $20.21.

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.