Candriam S.C.A. Has $13.97 Million Stake in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Candriam S.C.A. reduced its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 797,620 shares of the company's stock after selling 162,104 shares during the quarter. Candriam S.C.A. owned 0.11% of Host Hotels & Resorts worth $13,974,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Host Hotels & Resorts by 537.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company's stock valued at $121,318,000 after purchasing an additional 5,811,722 shares in the last quarter. Daiwa Securities Group Inc. raised its holdings in shares of Host Hotels & Resorts by 66.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company's stock worth $240,017,000 after buying an additional 5,466,629 shares in the last quarter. KBC Group NV lifted its position in shares of Host Hotels & Resorts by 155.2% during the 4th quarter. KBC Group NV now owns 5,610,981 shares of the company's stock worth $98,305,000 after buying an additional 3,412,589 shares during the last quarter. Duff & Phelps Investment Management Co. boosted its stake in Host Hotels & Resorts by 92.9% in the third quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company's stock valued at $48,652,000 after buying an additional 1,331,407 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in Host Hotels & Resorts in the fourth quarter valued at about $17,586,000. Institutional investors own 98.52% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on HST shares. Wells Fargo & Company dropped their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Raymond James dropped 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 note on Tuesday, February 18th. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their target price for the stock from $20.00 to $18.00 in a research note on Monday. Stifel Nicolaus dropped 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, UBS Group cut their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $20.21.

Host Hotels & Resorts Trading Down 2.6 %

HST traded down $0.43 during midday trading on Monday, hitting $15.90. 10,882,977 shares of the company were exchanged, compared to its average volume of 6,943,581. The firm's 50 day moving average price is $16.76 and its 200-day moving average price is $17.47. Host Hotels & Resorts, Inc. has a 1-year low of $15.65 and a 1-year high of $21.27. The firm has a market capitalization of $11.12 billion, a P/E ratio of 16.06 and a beta of 1.30. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77.

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, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $1.37 billion. As a group, equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.03%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is 80.81%.

About Host Hotels & Resorts

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.