Swiss National Bank Reduces Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Swiss National Bank decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 5.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,984,379 shares of the company’s stock after selling 107,300 shares during the period. Swiss National Bank’s holdings in Host Hotels & Resorts were worth $34,766,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. National Pension Service purchased a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $26,000. Jones Financial Companies Lllp lifted its stake in Host Hotels & Resorts by 202.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after purchasing an additional 991 shares during the last quarter. Kestra Investment Management LLC purchased a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts during the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Up 2.7 %

NASDAQ HST opened at $14.91 on Monday. The stock’s 50-day simple moving average is $16.52 and its two-hundred day simple moving average is $17.39. Host Hotels & Resorts, Inc. has a twelve month low of $14.47 and a twelve month high of $21.27. 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 company has a market capitalization of $10.42 billion, a price-to-earnings ratio of 15.06 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. Research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.37%. Host Hotels & Resorts’s payout ratio is 80.81%.

Analyst Upgrades and Downgrades

HST has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. Compass Point cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their target price for the company from $20.00 to $18.00 in a report on Monday, March 10th. Stifel Nicolaus lowered their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a report on Friday, November 22nd. Raymond James lowered their target price 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. Finally, UBS Group lowered their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $20.21.

View Our Latest Analysis on Host Hotels & Resorts

Host Hotels & Resorts Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report).

Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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