Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Lowered by Wright Investors Service Inc.

Wright Investors Service Inc. trimmed its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 32.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,654 shares of the company's stock after selling 18,490 shares during the period. Wright Investors Service Inc.'s holdings in Host Hotels & Resorts were worth $535,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Freedom Investment Management Inc. grew its holdings in Host Hotels & Resorts by 2.9% during the 4th quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock worth $389,000 after acquiring an additional 622 shares in the last quarter. Savant Capital LLC grew its holdings in Host Hotels & Resorts by 2.7% during the 4th quarter. Savant Capital LLC now owns 24,404 shares of the company's stock worth $428,000 after acquiring an additional 634 shares in the last quarter. Evergreen Wealth Solutions LLC grew its holdings in Host Hotels & Resorts by 5.3% during the 4th quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after acquiring an additional 651 shares in the last quarter. Ascent Group LLC grew its holdings in Host Hotels & Resorts by 4.4% during the 4th quarter. Ascent Group LLC now owns 16,549 shares of the company's stock worth $290,000 after acquiring an additional 703 shares in the last quarter. Finally, Atlantic Edge Private Wealth Management LLC grew its holdings in Host Hotels & Resorts by 1.0% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after acquiring an additional 746 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded down $0.01 during mid-day trading on Thursday, hitting $15.46. The stock had a trading volume of 3,635,233 shares, compared to its average volume of 8,470,421. The company has a 50 day simple moving average of $14.43 and a 200-day simple moving average of $16.09. The stock has a market capitalization of $10.72 billion, a price-to-earnings ratio of 15.62 and a beta of 1.32. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.37. 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, topping analysts' consensus estimates of $0.56 by $0.08. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.55 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The business's revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.60 EPS. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.17%. The ex-dividend date of this dividend was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is currently 83.33%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on HST shares. Wells Fargo & Company decreased their price objective on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Morgan Stanley decreased their price target on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Evercore ISI reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a report on Friday, May 16th. Citigroup decreased their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a report on Monday, March 17th. Finally, Jefferies Financial Group lowered shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price target for the company from $20.00 to $14.00 in a report on Wednesday, April 9th. Two analysts have rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $18.27.

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.