Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Trimmed by Woodline Partners LP

Woodline Partners LP lessened its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 13.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,297,504 shares of the company's stock after selling 193,970 shares during the quarter. Woodline Partners LP owned about 0.19% of Host Hotels & Resorts worth $22,732,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. National Pension Service bought a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at about $26,000. Jones Financial Companies Lllp grew its position in Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock valued at $28,000 after buying an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock valued at $36,000 after buying an additional 991 shares during the period. Kestra Investment Management LLC bought a new stake in shares of Host Hotels & Resorts during the 4th quarter worth about $40,000. Finally, IFP Advisors Inc raised its position in shares of Host Hotels & Resorts by 716.4% during the 4th quarter. IFP Advisors Inc now owns 2,841 shares of the company's stock worth $50,000 after buying an additional 2,493 shares in the last quarter. Institutional investors own 98.52% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Jefferies Financial Group cut shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price objective for the company from $20.00 to $14.00 in a report on Wednesday, April 9th. Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. Truist Financial dropped their price objective on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Morgan Stanley decreased 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 note on Tuesday, April 22nd. Finally, Compass Point lowered Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $18.90.

Host Hotels & Resorts Price Performance

HST stock opened at $15.14 on Wednesday. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The firm has a 50-day moving average of $14.35 and a two-hundred day moving average of $16.27. The firm has a market capitalization of $10.50 billion, a PE ratio of 15.29 and a beta of 1.29. 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 - 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. The business had revenue of $1.59 billion for 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%. Host Hotels & Resorts's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. On average, analysts forecast 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 announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.20 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.28%. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 83.33%.

Host Hotels & Resorts 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.

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