Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Reduced by Guggenheim Capital LLC

Guggenheim Capital LLC reduced its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 45.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 119,963 shares of the company's stock after selling 101,185 shares during the period. Guggenheim Capital LLC's holdings in Host Hotels & Resorts were worth $2,102,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Host Hotels & Resorts during the 4th quarter worth $807,878,000. Invesco Ltd. grew its position in shares of Host Hotels & Resorts by 24.7% during the fourth quarter. Invesco Ltd. now owns 22,555,445 shares of the company's stock worth $395,171,000 after acquiring an additional 4,460,468 shares during the last quarter. Cohen & Steers Inc. increased its holdings in shares of Host Hotels & Resorts by 8.5% in the 4th quarter. Cohen & Steers Inc. now owns 50,002,916 shares of the company's stock worth $876,115,000 after acquiring an additional 3,932,928 shares during the period. KBC Group NV increased its holdings in shares of Host Hotels & Resorts by 155.2% in the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company's stock worth $98,305,000 after acquiring an additional 3,412,589 shares during the period. Finally, Daiwa Securities Group Inc. lifted its position in Host Hotels & Resorts by 16.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 15,899,205 shares of the company's stock valued at $278,554,000 after purchasing an additional 2,261,877 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Down 1.0 %

NASDAQ:HST traded down $0.14 during trading hours on Friday, hitting $13.80. 2,001,144 shares of the stock traded hands, compared to its average volume of 7,954,908. The firm has a 50 day moving average price of $14.78 and a 200 day moving average price of $16.63. The firm has a market cap of $9.56 billion, a price-to-earnings ratio of 13.94 and a beta of 1.26. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.87. 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 announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The firm had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. 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 business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a $0.20 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.80%. Host Hotels & Resorts's payout ratio is 80.81%.

Wall Street Analyst Weigh In

HST has been the topic of several analyst reports. Truist Financial dropped 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 note on Friday, March 21st. Citigroup reduced 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 research note on Monday, March 17th. Jefferies Financial Group lowered 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 research note on Wednesday, April 9th. Wells Fargo & Company dropped their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Finally, Compass Point cut Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their target price for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Two 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's stock. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of "Hold" and a consensus price target of $19.10.

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.