Hudson Bay Capital Management LP Sells 60,888 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Hudson Bay Capital Management LP lessened its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 6.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 850,456 shares of the company's stock after selling 60,888 shares during the quarter. Hudson Bay Capital Management LP owned approximately 0.12% of Host Hotels & Resorts worth $14,900,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Freedom Investment Management Inc. grew its stake in shares of Host Hotels & Resorts by 2.9% in 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 increased its stake in Host Hotels & Resorts by 2.7% in the 4th quarter. Savant Capital LLC now owns 24,404 shares of the company's stock valued at $428,000 after buying an additional 634 shares during the last quarter. Evergreen Wealth Solutions LLC lifted its position in shares of 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 buying an additional 651 shares in the last quarter. Atlantic Edge Private Wealth Management LLC boosted its stake in shares of Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after buying an additional 746 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in shares of Host Hotels & Resorts by 7.3% in the fourth quarter. Ieq Capital LLC now owns 13,281 shares of the company's stock valued at $233,000 after acquiring an additional 899 shares in the last quarter. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $14.82 on Friday. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.37. The stock has a market capitalization of $10.28 billion, a PE ratio of 14.97 and a beta of 1.29. The company's 50 day simple moving average is $14.36 and its two-hundred day simple moving average is $16.37.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.08. The firm had revenue of $1.59 billion for 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 quarter in the prior year, the firm earned $0.60 EPS. Analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 annualized dividend and a yield of 5.40%. Host Hotels & Resorts's payout ratio is 83.33%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on HST. Compass Point cut Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. Citigroup cut their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a report on Monday, March 17th. UBS Group decreased their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Raymond James reduced 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 report on Tuesday, February 18th. Finally, Evercore ISI lowered their target price on Host Hotels & Resorts from $20.00 to $18.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. 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 stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $18.90.

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.

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