Barclays PLC Lowers Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Barclays PLC decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 37.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,270,169 shares of the company's stock after selling 746,487 shares during the quarter. Barclays PLC owned 0.18% of Host Hotels & Resorts worth $22,252,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of HST. National Pension Service bought a new position in Host Hotels & Resorts during the fourth quarter worth about $26,000. Jones Financial Companies Lllp increased its holdings in shares of Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock worth $28,000 after purchasing an additional 1,088 shares during the period. MassMutual Private Wealth & Trust FSB grew its stake in Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock worth $36,000 after buying an additional 991 shares in the last quarter. Kestra Investment Management LLC bought a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Finally, Eastern Bank acquired a new stake in Host Hotels & Resorts in the fourth quarter valued at about $45,000. 98.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Raymond James lowered their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. UBS Group lowered their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research report on Tuesday, January 28th. 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 report on Monday, March 17th. Finally, Jefferies Financial Group lowered Host Hotels & Resorts from a "buy" rating to a "hold" rating and cut their price target for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of "Hold" and a consensus target price of $19.10.

Host Hotels & Resorts Trading Down 0.8 %

Shares of NASDAQ HST traded down $0.12 during mid-day trading on Friday, hitting $13.82. The stock had a trading volume of 1,890,762 shares, compared to its average volume of 7,954,407. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.87. The firm has a market cap of $9.58 billion, a P/E ratio of 13.95 and a beta of 1.26. The business has a 50 day moving average price of $14.78 and a two-hundred day moving average price of $16.63.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results 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 net margin of 12.26% and a return on equity of 10.37%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. On average, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.20 per share. The ex-dividend date was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.79%. Host Hotels & Resorts's dividend payout ratio is 80.81%.

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.