Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Scientech Research LLC

Scientech Research LLC lessened its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 36.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 65,001 shares of the company's stock after selling 37,500 shares during the period. Scientech Research LLC's holdings in Host Hotels & Resorts were worth $1,139,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Siemens Fonds Invest GmbH purchased a new position in shares of Host Hotels & Resorts during the 4th quarter worth about $198,000. Rush Island Management LP purchased a new stake in Host Hotels & Resorts in the 4th quarter valued at about $99,402,000. ProShare Advisors LLC boosted its position in Host Hotels & Resorts by 1.1% in the 4th quarter. ProShare Advisors LLC now owns 206,097 shares of the company's stock valued at $3,611,000 after buying an additional 2,316 shares during the period. Quantinno Capital Management LP boosted its position in Host Hotels & Resorts by 96.2% in the 4th quarter. Quantinno Capital Management LP now owns 109,513 shares of the company's stock valued at $1,919,000 after buying an additional 53,695 shares during the period. Finally, Mufg Securities Americas Inc. purchased a new stake in Host Hotels & Resorts in the 4th quarter valued at about $181,000. Hedge funds and other institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ HST traded down $0.28 during mid-day trading on Tuesday, reaching $15.14. 8,415,759 shares of the stock were exchanged, compared to its average volume of 8,139,882. The business's 50 day moving average is $14.34 and its 200-day moving average is $16.28. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.37. The company has a market capitalization of $10.50 billion, a P/E ratio of 15.29 and a beta of 1.29. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91.

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

Host Hotels & Resorts Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on HST. UBS Group cut their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research note on Tuesday, January 28th. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Truist Financial reduced their price objective on shares of 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. Evercore ISI reiterated an "outperform" rating on shares of Host Hotels & Resorts in a research note on Friday. Finally, Wells Fargo & Company cut their price target 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. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Host Hotels & Resorts has an average rating of "Hold" and an average price target 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.