Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 6.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,117,894 shares of the company’s stock after selling 142,100 shares during the period. Victory Capital Management Inc.’s holdings in Host Hotels & Resorts were worth $37,106,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Pension Service acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at about $26,000. Jones Financial Companies Lllp boosted its position in Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock worth $28,000 after purchasing an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in 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 worth $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Finally, Eastern Bank purchased a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on HST. Raymond James dropped 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 note on Tuesday, February 18th. StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Stifel Nicolaus reduced their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research report on Friday, November 22nd. 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 report on Tuesday, February 18th. Finally, UBS Group reduced their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $20.54.

Host Hotels & Resorts Stock Up 3.4 %

Shares of NASDAQ:HST opened at $16.33 on Monday. Host Hotels & Resorts, Inc. has a 52-week low of $15.65 and a 52-week high of $21.27. The stock has a market cap of $11.42 billion, a P/E ratio of 16.49 and a beta of 1.30. The business has a fifty day moving average of $16.76 and a two-hundred day moving average of $17.47. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77.

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

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.90%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts’s payout ratio is presently 80.81%.

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.