Dana Investment Advisors Inc. Lowers Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Dana Investment Advisors Inc. lowered its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 11.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 145,337 shares of the company's stock after selling 18,985 shares during the quarter. Dana Investment Advisors Inc.'s holdings in Host Hotels & Resorts were worth $2,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. National Pension Service purchased a new stake in Host Hotels & Resorts in the fourth quarter worth approximately $26,000. Jones Financial Companies Lllp boosted its stake in shares of Host Hotels & Resorts by 202.6% in the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company's stock worth $28,000 after buying an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in shares of 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 during the period. Kestra Investment Management LLC purchased a new stake in Host Hotels & Resorts during the fourth quarter valued at $40,000. Finally, Eastern Bank bought a new position in Host Hotels & Resorts in the fourth quarter valued at about $45,000. 98.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

HST has been the subject of a number of recent research reports. Compass Point downgraded Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price target for the company from $20.00 to $18.00 in a research note on Monday. Wells Fargo & Company cut 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 research report on Tuesday, February 18th. StockNews.com downgraded shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. Raymond James cut 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, Stifel Nicolaus reduced their price objective 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. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $20.21.

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Host Hotels & Resorts Price Performance

NASDAQ HST traded down $0.56 during trading on Tuesday, hitting $15.34. 11,097,677 shares of the stock traded hands, compared to its average volume of 6,959,773. 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, Inc. has a 12-month low of $15.27 and a 12-month high of $21.27. The firm has a 50-day simple moving average of $16.72 and a 200-day simple moving average of $17.46. The company has a market capitalization of $10.72 billion, a P/E ratio of 15.49 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) 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 company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 5.22%. Host Hotels & Resorts's dividend payout ratio is presently 80.81%.

Host Hotels & Resorts Company 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.