Voya Investment Management LLC Reduces Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Voya Investment Management LLC decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 28.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,406 shares of the company's stock after selling 80,426 shares during the period. Voya Investment Management LLC's holdings in Host Hotels & Resorts were worth $3,616,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of HST. Wilmington Savings Fund Society FSB purchased a new stake in shares of Host Hotels & Resorts during the 3rd quarter worth approximately $182,000. Tidal Investments LLC increased its position in Host Hotels & Resorts by 27.1% in the third quarter. Tidal Investments LLC now owns 31,038 shares of the company's stock worth $546,000 after buying an additional 6,611 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Host Hotels & Resorts by 42.9% in the fourth quarter. GAMMA Investing LLC now owns 12,275 shares of the company's stock valued at $215,000 after buying an additional 3,684 shares during the period. Pensionfund Sabic lifted its position in shares of Host Hotels & Resorts by 5.9% during the 4th quarter. Pensionfund Sabic now owns 53,843 shares of the company's stock valued at $943,000 after buying an additional 3,000 shares during the last quarter. Finally, Czech National Bank grew its stake in shares of Host Hotels & Resorts by 5.9% during the 4th quarter. Czech National Bank now owns 151,564 shares of the company's stock worth $2,655,000 after acquiring an additional 8,470 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HST has been the topic of several recent research reports. Raymond James dropped their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. Jefferies Financial Group cut shares of Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the company from $20.00 to $14.00 in a research note on Wednesday, April 9th. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and reduced their price objective for the company from $20.00 to $18.00 in a research note on Monday, March 10th. Citigroup dropped their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a research report on Monday, March 17th. Finally, Wells Fargo & Company cut their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $18.90.

Host Hotels & Resorts Price Performance

Shares of HST stock traded up $0.09 during trading on Wednesday, hitting $14.57. The company had a trading volume of 1,084,362 shares, compared to its average volume of 8,043,650. The stock's 50-day moving average is $14.44 and its two-hundred day moving average is $16.43. The stock has a market capitalization of $10.10 billion, a price-to-earnings ratio of 14.72 and a beta of 1.29. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.37.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings data 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. The company 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 firm's revenue was up 8.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.60 EPS. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders 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 dividend yield of 5.49%. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 83.33%.

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.