Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Hudson Bay Capital Management LP

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

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Gotham Asset Management LLC boosted its position in Host Hotels & Resorts by 53.7% during the 4th quarter. Gotham Asset Management LLC now owns 921,833 shares of the company's stock valued at $16,151,000 after acquiring an additional 322,057 shares in the last quarter. Focus Partners Wealth boosted its position in Host Hotels & Resorts by 8.2% during the 4th quarter. Focus Partners Wealth now owns 18,426 shares of the company's stock valued at $323,000 after acquiring an additional 1,392 shares in the last quarter. Fullerton Fund Management Co Ltd. bought a new stake in Host Hotels & Resorts during the 4th quarter valued at $386,000. Ellevest Inc. boosted its position in Host Hotels & Resorts by 9.4% during the 4th quarter. Ellevest Inc. now owns 20,039 shares of the company's stock valued at $351,000 after acquiring an additional 1,717 shares in the last quarter. Finally, Ethic Inc. boosted its position in shares of Host Hotels & Resorts by 15.2% in the 4th quarter. Ethic Inc. now owns 199,226 shares of the company's stock worth $3,490,000 after purchasing an additional 26,274 shares in the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST traded up $0.16 during trading on Friday, reaching $15.56. 5,768,221 shares of the company's stock traded hands, compared to its average volume of 8,127,760. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.37. 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 firm has a market cap of $10.79 billion, a PE ratio of 15.72 and a beta of 1.29. The company has a 50-day simple moving average of $14.33 and a 200-day simple moving average of $16.33.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.08. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The firm had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.55 billion. During the same period last year, the firm earned $0.60 EPS. The company's quarterly revenue was up 8.4% on a year-over-year basis. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.14%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's payout ratio is 83.33%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on HST. Compass Point cut Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $20.00 to $18.00 in a research report on Monday, March 10th. UBS Group reduced their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. Citigroup reduced their target price on 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. Truist Financial reduced their target price on Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating for the company in a research note on Friday, March 21st. Finally, Evercore ISI reduced their target price on Host Hotels & Resorts from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target 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.