Barclays PLC Reduces Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Barclays PLC decreased its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 37.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,270,169 shares of the company's stock after selling 746,487 shares during the quarter. Barclays PLC owned approximately 0.18% of Host Hotels & Resorts worth $22,252,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. National Pension Service bought a new position in Host Hotels & Resorts in the 4th quarter worth $26,000. Jones Financial Companies Lllp boosted its stake in shares of 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 during the period. MassMutual Private Wealth & Trust FSB grew 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 worth $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC bought a new stake in Host Hotels & Resorts during the 4th quarter valued at approximately $40,000. Finally, Eastern Bank bought a new stake in Host Hotels & Resorts during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Trading Up 1.3 %

Host Hotels & Resorts stock traded up $0.18 during trading hours on Thursday, hitting $13.95. The company had a trading volume of 4,006,199 shares, compared to its average volume of 7,965,671. The firm has a market cap of $9.67 billion, a P/E ratio of 14.09 and a beta of 1.26. The company has a 50-day moving average price of $14.83 and a two-hundred day moving average price of $16.66. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.87. 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 (NASDAQ:HST - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. On average, sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Monday, March 31st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.73%. The ex-dividend date of this dividend was Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 80.81%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on HST. Morgan Stanley reduced their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an "equal weight" rating on the stock in a research report on Tuesday. UBS Group cut 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. Compass Point downgraded Host Hotels & Resorts from a "buy" rating to a "neutral" rating and lowered their target price for the company from $20.00 to $18.00 in a research report on Monday, March 10th. Raymond James lowered their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday, February 18th. Finally, Wells Fargo & Company dropped their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average 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.