Host Hotels & Resorts, Inc. (NASDAQ:HST) Stake Lowered by Vident Advisory LLC

Vident Advisory LLC lessened its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 22.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 129,507 shares of the company's stock after selling 36,980 shares during the quarter. Vident Advisory LLC's holdings in Host Hotels & Resorts were worth $2,269,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Freedom Investment Management Inc. lifted its stake in shares of Host Hotels & Resorts by 2.9% during the fourth quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock worth $389,000 after purchasing an additional 622 shares in the last quarter. Savant Capital LLC lifted its stake in shares of Host Hotels & Resorts by 2.7% during the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company's stock worth $428,000 after purchasing an additional 634 shares in the last quarter. Evergreen Wealth Solutions LLC lifted its stake in shares of Host Hotels & Resorts by 5.3% during the fourth quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after purchasing an additional 651 shares in the last quarter. Atlantic Edge Private Wealth Management LLC lifted its stake in shares of Host Hotels & Resorts by 1.0% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after purchasing an additional 746 shares in the last quarter. Finally, Ieq Capital LLC lifted its stake in shares of Host Hotels & Resorts by 7.3% during the fourth quarter. Ieq Capital LLC now owns 13,281 shares of the company's stock worth $233,000 after purchasing an additional 899 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HST shares. Wells Fargo & Company dropped their target price 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. Evercore ISI reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Friday, May 16th. Morgan Stanley dropped their target price on Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 22nd. UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. Finally, Citigroup dropped their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $18.90.

Host Hotels & Resorts Stock Up 4.3%

Host Hotels & Resorts stock traded up $0.63 during midday trading on Tuesday, hitting $15.33. The stock had a trading volume of 2,717,675 shares, compared to its average volume of 8,173,018. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The stock has a market cap of $10.63 billion, a P/E ratio of 15.47 and a beta of 1.29. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.37. The business has a fifty day moving average price of $14.32 and a 200 day moving average price of $16.18.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.08. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.60 earnings per share. Research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.22%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 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.