Host Hotels & Resorts, Inc. (NASDAQ:HST) Holdings Decreased by Advisory Services Network LLC

Advisory Services Network LLC decreased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 83.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,392 shares of the company's stock after selling 69,169 shares during the period. Advisory Services Network LLC's holdings in Host Hotels & Resorts were worth $235,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Invst LLC raised its holdings in Host Hotels & Resorts by 6.7% in the third quarter. Invst LLC now owns 37,581 shares of the company's stock valued at $661,000 after acquiring an additional 2,376 shares in the last quarter. Sanctuary Advisors LLC grew its stake in Host Hotels & Resorts by 23.5% in the third quarter. Sanctuary Advisors LLC now owns 25,592 shares of the company's stock worth $467,000 after purchasing an additional 4,870 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Host Hotels & Resorts in the third quarter valued at about $182,000. Tidal Investments LLC lifted its holdings in Host Hotels & Resorts by 27.1% during the 3rd quarter. Tidal Investments LLC now owns 31,038 shares of the company's stock worth $546,000 after buying an additional 6,611 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Host Hotels & Resorts by 42.9% during the 4th quarter. GAMMA Investing LLC now owns 12,275 shares of the company's stock worth $215,000 after buying an additional 3,684 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

NASDAQ HST traded down $0.01 on Wednesday, reaching $13.82. The company's stock had a trading volume of 4,785,343 shares, compared to its average volume of 9,667,509. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. The firm's 50 day moving average is $14.88 and its two-hundred day moving average is $16.68. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.87. The stock has a market cap of $9.58 billion, a PE ratio of 13.95 and a beta of 1.26.

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

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.79%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts's payout ratio is 80.81%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Jefferies Financial Group lowered Host Hotels & Resorts from a "buy" rating to a "hold" rating and dropped their price target for the company from $20.00 to $14.00 in a research report on Wednesday, April 9th. Citigroup dropped their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a report on Monday, March 17th. UBS Group decreased their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Compass Point lowered shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $20.00 to $18.00 in a research note on Monday, March 10th. Finally, Truist Financial cut their target price on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a report on Friday, March 21st. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $19.10.

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.