Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL trimmed its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 13.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 335,694 shares of the company's stock after selling 50,236 shares during the period. Gamco Investors INC. ET AL's holdings in Host Hotels & Resorts were worth $5,881,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of HST. Jump Financial LLC lifted its position in Host Hotels & Resorts by 32.4% in the fourth quarter. Jump Financial LLC now owns 62,997 shares of the company's stock valued at $1,104,000 after purchasing an additional 15,417 shares during the period. Ontario Teachers Pension Plan Board boosted its stake in shares of Host Hotels & Resorts by 607.7% in the fourth quarter. Ontario Teachers Pension Plan Board now owns 243,154 shares of the company's stock valued at $4,260,000 after buying an additional 208,797 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new position in Host Hotels & Resorts during the fourth quarter worth $28,452,000. Canada Post Corp Registered Pension Plan purchased a new position in Host Hotels & Resorts in the fourth quarter worth $165,000. Finally, Mariner LLC boosted its position in shares of Host Hotels & Resorts by 10.3% during the 4th quarter. Mariner LLC now owns 46,476 shares of the company's stock worth $814,000 after purchasing an additional 4,357 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

HST has been the topic of a number of research analyst reports. Jefferies Financial Group downgraded shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $20.00 to $14.00 in a report 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 for the company in a research note on Tuesday, February 18th. Compass Point lowered Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the company from $20.00 to $18.00 in a report on Monday, March 10th. Truist Financial dropped their price target on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a research report on Friday, March 21st. Finally, Morgan Stanley lowered their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $19.10.

Host Hotels & Resorts Trading Up 1.1 %

Shares of NASDAQ HST traded up $0.16 during trading on Tuesday, hitting $13.67. 1,471,087 shares of the company traded hands, compared to its average volume of 7,929,235. The firm has a market capitalization of $9.47 billion, a P/E ratio of 13.80 and a beta of 1.26. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average price of $14.93 and a 200-day moving average price of $16.70. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.87.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating 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 business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced 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 5.85%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is presently 80.81%.

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.