Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Barclays PLC

Barclays PLC lowered its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,016,656 shares of the company's stock after selling 91,842 shares during the period. Barclays PLC owned about 0.29% of Host Hotels & Resorts worth $35,495,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Blue Trust Inc. grew its holdings in Host Hotels & Resorts by 212.7% in the 2nd quarter. Blue Trust Inc. now owns 1,473 shares of the company's stock valued at $26,000 after buying an additional 1,002 shares during the period. Global X Japan Co. Ltd. purchased a new stake in Host Hotels & Resorts in the second quarter valued at approximately $30,000. Farther Finance Advisors LLC increased its position in Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock worth $50,000 after purchasing an additional 867 shares during the last quarter. 1620 Investment Advisors Inc. acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at $51,000. Finally, Family Firm Inc. purchased a new stake in shares of Host Hotels & Resorts during the 2nd quarter valued at $56,000. Hedge funds and other institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Down 1.3 %

Shares of NASDAQ HST traded down $0.24 during midday trading on Friday, reaching $18.58. 4,514,379 shares of the company's stock were exchanged, compared to its average volume of 6,816,773. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31. The business's fifty day moving average price is $17.97 and its two-hundred day moving average price is $17.69. The stock has a market capitalization of $12.99 billion, a PE ratio of 18.04 and a beta of 1.32.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by ($0.24). The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. Host Hotels & Resorts's revenue for the quarter was up 8.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.41 EPS. Analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.31%. Host Hotels & Resorts's dividend payout ratio is currently 77.67%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on HST shares. Stifel Nicolaus reduced their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a report on Friday, November 22nd. Wells Fargo & Company lifted their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Truist Financial dropped their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set a "hold" rating for the company in a research report on Wednesday, September 4th. Compass Point upgraded shares of Host Hotels & Resorts from a "neutral" rating to a "buy" rating and raised their price target for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Finally, StockNews.com downgraded shares of 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 issued a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.39.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.