Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC cut its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,393,759 shares of the company's stock after selling 315,484 shares during the period. Nuveen Asset Management LLC owned about 0.91% of Host Hotels & Resorts worth $112,019,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in HST. Freedom Investment Management Inc. raised its stake in shares of Host Hotels & Resorts by 2.9% during the fourth quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock valued at $389,000 after acquiring an additional 622 shares in the last quarter. Savant Capital LLC boosted its holdings in Host Hotels & Resorts by 2.7% in the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company's stock valued at $428,000 after purchasing an additional 634 shares during the last quarter. Evergreen Wealth Solutions LLC boosted its holdings in Host Hotels & Resorts by 5.3% in the fourth quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock valued at $227,000 after purchasing an additional 651 shares during the last quarter. Atlantic Edge Private Wealth Management LLC increased its holdings in 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 acquiring an additional 746 shares in the last quarter. Finally, Ieq Capital LLC lifted its position 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. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

HST has been the topic of several research reports. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their target price for the company from $20.00 to $14.00 in a research report on Wednesday, April 9th. Compass Point downgraded shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price objective for the company from $20.00 to $18.00 in a report on Monday, March 10th. UBS Group cut 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. Morgan Stanley cut their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Finally, Raymond James cut their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $18.90.

Host Hotels & Resorts Stock Down 1.8%

Shares of HST stock traded down $0.28 during trading on Tuesday, reaching $15.14. The company's stock had a trading volume of 8,415,759 shares, compared to its average volume of 8,140,989. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.37. The stock's 50-day moving average price is $14.34 and its 200 day moving average price is $16.28. The company has a market capitalization of $10.50 billion, a price-to-earnings ratio of 15.29 and a beta of 1.29. 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 (NASDAQ:HST - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.55 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The company's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. On average, research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.20 dividend. The ex-dividend date was Monday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 5.28%. Host Hotels & Resorts's dividend payout ratio (DPR) is 83.33%.

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.