Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC cut its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 83.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,392 shares of the company’s stock after selling 69,169 shares during the period. Advisory Services Network LLC’s holdings in Host Hotels & Resorts were worth $235,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of HST. Savant Capital LLC boosted its holdings in Host Hotels & Resorts by 2.7% in the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company’s stock valued at $428,000 after purchasing an additional 634 shares during the last quarter. Atlantic Edge Private Wealth Management LLC raised its position in shares of Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company’s stock valued at $1,297,000 after purchasing an additional 746 shares in the last quarter. Ieq Capital LLC boosted its stake in shares of Host Hotels & Resorts by 7.3% during the 4th quarter. Ieq Capital LLC now owns 13,281 shares of the company’s stock valued at $233,000 after buying an additional 899 shares during the last quarter. Meridian Financial Partners LLC grew its position in shares of Host Hotels & Resorts by 1.3% during the fourth quarter. Meridian Financial Partners LLC now owns 77,830 shares of the company’s stock worth $1,364,000 after buying an additional 977 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its stake in shares of Host Hotels & Resorts by 94.9% in the fourth 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 last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST opened at $13.66 on Friday. The firm has a market capitalization of $9.47 billion, a price-to-earnings ratio of 13.80 and a beta of 1.26. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.87. The business has a fifty day simple moving average of $14.99 and a 200 day simple moving average of $16.74. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.29. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.86%. The ex-dividend date of this dividend was Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio is 80.81%.

Analysts Set New Price Targets

HST has been the topic of several research reports. Raymond James cut their price objective 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. UBS Group dropped their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Compass Point downgraded shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Citigroup lowered their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “buy” rating for the company in a research note on Monday, March 17th. Finally, Morgan Stanley raised shares of Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and decreased their price target for the company from $16.00 to $15.00 in a report on Friday, March 21st. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $19.17.

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.