Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Increased by Assetmark Inc.

Assetmark Inc. boosted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 8.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 204,592 shares of the company's stock after buying an additional 15,644 shares during the quarter. Assetmark Inc.'s holdings in Host Hotels & Resorts were worth $3,584,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of HST. Freedom Investment Management Inc. grew its holdings in shares of Host Hotels & Resorts by 3.0% during the third quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company's stock worth $380,000 after buying an additional 625 shares in the last quarter. Savant Capital LLC boosted its position in Host Hotels & Resorts by 2.7% during the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company's stock worth $428,000 after acquiring an additional 634 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its stake 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 during the period. Verdence Capital Advisors LLC raised its holdings in Host Hotels & Resorts by 4.9% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company's stock valued at $296,000 after acquiring an additional 784 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Host Hotels & Resorts by 44.5% in the 3rd 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 last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

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Host Hotels & Resorts Stock Down 3.9 %

Shares of HST stock traded down $0.59 during trading hours on Thursday, reaching $14.52. The company had a trading volume of 10,890,591 shares, compared to its average volume of 7,014,031. The company has a market capitalization of $10.15 billion, a P/E ratio of 14.67 and a beta of 1.30. 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, Inc. has a twelve month low of $14.45 and a twelve month high of $21.27. The stock's fifty day simple moving average is $16.63 and its 200 day simple moving average is $17.43.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. As a group, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. 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 5.51%. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on HST shares. StockNews.com downgraded Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. UBS Group lowered their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Wells Fargo & Company decreased 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 research report on Tuesday, February 18th. Stifel Nicolaus dropped their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating for the company in a research report on Friday, November 22nd. Finally, Raymond James decreased their price target 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. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $20.21.

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.