Asset Management One Co. Ltd. Sells 34,607 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Asset Management One Co. Ltd. cut its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 2.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,432,463 shares of the company's stock after selling 34,607 shares during the period. Asset Management One Co. Ltd. owned about 0.20% of Host Hotels & Resorts worth $25,749,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its position in shares of Host Hotels & Resorts by 94.9% during 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 period. Eastern Bank bought a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at approximately $45,000. Farther Finance Advisors LLC grew its position in Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock valued at $50,000 after acquiring an additional 867 shares during the period. Signaturefd LLC grew its position in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company's stock valued at $63,000 after acquiring an additional 1,198 shares during the period. Finally, CENTRAL TRUST Co grew its position in Host Hotels & Resorts by 126,025.0% in the fourth quarter. CENTRAL TRUST Co now owns 5,045 shares of the company's stock valued at $88,000 after acquiring an additional 5,041 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research report on Friday, November 22nd. 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. Wells Fargo & Company cut their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, StockNews.com lowered Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $20.79.

Host Hotels & Resorts Trading Up 2.5 %

NASDAQ:HST traded up $0.42 during mid-day trading on Tuesday, hitting $16.81. The company had a trading volume of 3,622,249 shares, compared to its average volume of 7,190,476. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.31. The business's fifty day moving average is $17.34 and its two-hundred day moving average is $17.47. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The firm has a market cap of $11.75 billion, a P/E ratio of 16.32 and a beta of 1.30.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.20 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.76%. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 77.67%.

About Host Hotels & Resorts

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.