Axa S.A. Has $3.89 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

AXA S.A. cut its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 31.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,930 shares of the company's stock after selling 103,851 shares during the quarter. AXA S.A.'s holdings in Host Hotels & Resorts were worth $3,888,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Meiji Yasuda Life Insurance Co boosted its stake in Host Hotels & Resorts by 26.4% in the fourth quarter. Meiji Yasuda Life Insurance Co now owns 26,830 shares of the company's stock valued at $470,000 after buying an additional 5,600 shares in the last quarter. Evergreen Wealth Solutions LLC lifted its holdings in shares of Host Hotels & Resorts by 5.3% in the fourth quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after acquiring an additional 651 shares during the last quarter. Northern Trust Corp boosted its stake in shares of Host Hotels & Resorts by 43.3% in the 4th quarter. Northern Trust Corp now owns 13,752,705 shares of the company's stock valued at $240,947,000 after purchasing an additional 4,158,219 shares in the last quarter. Boothbay Fund Management LLC acquired a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at approximately $233,000. Finally, Waterfront Capital Partners LLC grew its holdings in shares of Host Hotels & Resorts by 6.8% during the 4th quarter. Waterfront Capital Partners LLC now owns 699,322 shares of the company's stock valued at $12,252,000 after purchasing an additional 44,369 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Trading Up 1.0%

Shares of NASDAQ:HST traded up $0.15 during midday trading on Tuesday, reaching $15.85. The company's stock had a trading volume of 1,995,893 shares, compared to its average volume of 8,077,233. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.37. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The firm has a 50 day moving average price of $14.36 and a two-hundred day moving average price of $16.35. The firm has a market capitalization of $11.00 billion, a price-to-earnings ratio of 16.01 and a beta of 1.29.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.08. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.60 earnings per share. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.05%. Host Hotels & Resorts's payout ratio is presently 83.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on HST shares. Raymond James dropped their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. Jefferies Financial Group cut Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th. Evercore ISI reduced their price objective on Host Hotels & Resorts from $20.00 to $18.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Morgan Stanley dropped their target price on 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. Finally, Citigroup cut their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research note on Monday, March 17th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Host Hotels & Resorts currently has an average rating of "Hold" and a consensus 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.