Mutual of America Capital Management LLC Sells 27,075 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Mutual of America Capital Management LLC lowered its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 25.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 81,288 shares of the company's stock after selling 27,075 shares during the period. Mutual of America Capital Management LLC's holdings in Host Hotels & Resorts were worth $1,155,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of HST. NBC Securities Inc. lifted its holdings in Host Hotels & Resorts by 185,200.0% in the first quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock valued at $26,000 after buying an additional 1,852 shares during the period. Versant Capital Management Inc lifted its stake in shares of Host Hotels & Resorts by 696.3% in the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock valued at $33,000 after purchasing an additional 2,047 shares during the period. Farther Finance Advisors LLC boosted its position in shares of Host Hotels & Resorts by 80.1% during the 1st quarter. Farther Finance Advisors LLC now owns 4,287 shares of the company's stock valued at $62,000 after purchasing an additional 1,906 shares in the last quarter. Rossby Financial LCC acquired a new stake in shares of Host Hotels & Resorts during the 1st quarter worth approximately $66,000. Finally, Signaturefd LLC grew its holdings in Host Hotels & Resorts by 40.9% in the fourth quarter. Signaturefd LLC now owns 5,031 shares of the company's stock worth $88,000 after purchasing an additional 1,460 shares during the period. Institutional investors own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on HST shares. Jefferies Financial Group lowered Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price target for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Tuesday, July 1st. Morgan Stanley restated an "outperform" rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. JPMorgan Chase & Co. assumed coverage on shares of Host Hotels & Resorts in a research note on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price objective on the stock. Finally, Evercore ISI reiterated an "outperform" rating on shares of Host Hotels & Resorts in a report on Friday, May 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of "Hold" and an average price target of $17.96.

Host Hotels & Resorts Stock Down 0.6%

Host Hotels & Resorts stock traded down $0.10 during midday trading on Thursday, hitting $16.51. 3,869,423 shares of the stock were exchanged, compared to its average volume of 9,587,656. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $19.36. The company has a quick ratio of 2.08, a current ratio of 2.08 and a debt-to-equity ratio of 0.76. The business's 50-day moving average price is $15.75 and its 200-day moving average price is $15.55. The stock has a market capitalization of $11.45 billion, a price-to-earnings ratio of 17.19 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. The firm had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.55 billion. Host Hotels & Resorts had a net margin of 11.66% and a return on equity of 10.11%. The company's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.60 EPS. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.80 annualized dividend and a yield of 4.85%. Host Hotels & Resorts's dividend payout ratio is currently 83.33%.

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.