Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Lessened by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC trimmed its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 6.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,416 shares of the company's stock after selling 17,710 shares during the period. Nisa Investment Advisors LLC's holdings in Host Hotels & Resorts were worth $3,525,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of HST. DekaBank Deutsche Girozentrale grew its position in Host Hotels & Resorts by 3.3% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 605,390 shares of the company's stock worth $8,371,000 after purchasing an additional 19,130 shares during the last quarter. Blackhawk Capital Partners LLC. grew its position in Host Hotels & Resorts by 37.1% during the 1st quarter. Blackhawk Capital Partners LLC. now owns 22,187 shares of the company's stock worth $315,000 after purchasing an additional 6,001 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Host Hotels & Resorts by 0.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 792,420 shares of the company's stock worth $11,260,000 after purchasing an additional 6,592 shares during the last quarter. IFM Investors Pty Ltd grew its position in Host Hotels & Resorts by 2.9% during the 1st quarter. IFM Investors Pty Ltd now owns 311,553 shares of the company's stock worth $4,427,000 after purchasing an additional 8,908 shares during the last quarter. Finally, Checchi Capital Advisers LLC acquired a new stake in shares of Host Hotels & Resorts in the 1st quarter worth $184,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Price Performance

HST traded down $0.18 on Wednesday, reaching $16.15. The company had a trading volume of 6,679,293 shares, compared to its average volume of 8,800,262. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The company has a current ratio of 2.08, a quick ratio of 2.08 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $11.20 billion, a P/E ratio of 16.82 and a beta of 1.31. The company has a fifty day moving average of $15.62 and a 200-day moving average of $15.59.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. Host Hotels & Resorts had a net margin of 11.66% and a return on equity of 10.11%. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same period in the prior year, the company earned $0.60 EPS. Host Hotels & Resorts's revenue was up 8.4% on a year-over-year basis. As a group, equities research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.95%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's dividend payout ratio is presently 83.33%.

Wall Street Analysts Forecast Growth

HST has been the subject of several recent research reports. Evercore ISI restated an "outperform" rating on shares of Host Hotels & Resorts in a report on Friday, May 16th. Wells Fargo & Company boosted their target price on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the company an "overweight" rating in a report on Tuesday, July 1st. Truist Financial reduced their price target on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research report on Friday, March 21st. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday. Finally, JPMorgan Chase & Co. initiated coverage on shares of Host Hotels & Resorts in a research report on Monday, June 23rd. They set a "neutral" rating and a $16.00 target price on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $17.96.

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.