Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec reduced its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 94.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 286,907 shares of the company's stock after selling 4,621,072 shares during the period. Caisse DE Depot ET Placement DU Quebec's holdings in Host Hotels & Resorts were worth $5,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. National Pension Service acquired a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at about $26,000. Jones Financial Companies Lllp boosted its holdings 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 worth $28,000 after buying an additional 1,088 shares during 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 worth $36,000 after buying an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new position in shares of Host Hotels & Resorts during the fourth quarter valued at approximately $40,000. Finally, Eastern Bank purchased a new position in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $45,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.2 %

Shares of NASDAQ:HST traded down $0.03 during trading on Friday, hitting $14.82. The company's stock had a trading volume of 5,600,602 shares, compared to its average volume of 8,071,701. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.37. The business has a 50 day moving average price of $14.36 and a two-hundred day moving average price of $16.37. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The company has a market capitalization of $10.28 billion, a PE ratio of 14.97 and a beta of 1.29.

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 the consensus estimate of $0.56 by $0.08. The company 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 was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 EPS. As a group, research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $0.20 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.40%. Host Hotels & Resorts's payout ratio is 83.33%.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on HST shares. Wells Fargo & Company lowered their target price on shares of 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. Citigroup lowered their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a report on Monday, March 17th. Raymond James dropped their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Morgan Stanley reduced their price objective 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. Finally, UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of "Hold" and an average target price of $18.90.

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.