Achmea Investment Management B.V. Sells 23,757 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Achmea Investment Management B.V. lowered its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 3.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 607,726 shares of the company's stock after selling 23,757 shares during the period. Achmea Investment Management B.V. owned approximately 0.09% of Host Hotels & Resorts worth $10,647,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in HST. National Pension Service bought a new position in shares of Host Hotels & Resorts during the 4th quarter worth about $26,000. Jones Financial Companies Lllp boosted its holdings 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 worth $28,000 after acquiring an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings 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 worth $36,000 after acquiring an additional 991 shares in the last quarter. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Finally, Eastern Bank bought a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at approximately $45,000. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

HST traded up $0.39 during trading on Monday, hitting $15.30. 6,877,695 shares of the company traded hands, compared to its average volume of 6,997,206. Host Hotels & Resorts, Inc. has a one year low of $14.47 and a one year high of $21.27. The stock's fifty day moving average is $16.48 and its 200 day moving average is $17.38. 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 firm has a market cap of $10.70 billion, a P/E ratio of 15.45 and a beta of 1.30.

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Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its 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 net margin of 12.26% and a return on equity of 10.37%. The firm had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.37 billion. As a group, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.23%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

Wall Street Analyst Weigh In

HST has been the topic of a number of recent research reports. Wells Fargo & Company cut their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a report on Tuesday, February 18th. Citigroup decreased their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating for the company in a research report on Monday. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Stifel Nicolaus cut their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating for the company in a research note on Friday, November 22nd. Finally, Raymond James cut their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $20.12.

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.