Robeco Institutional Asset Management B.V. Decreases Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Robeco Institutional Asset Management B.V. trimmed its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 80.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 604,647 shares of the company's stock after selling 2,504,412 shares during the period. Robeco Institutional Asset Management B.V. owned 0.09% of Host Hotels & Resorts worth $10,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BROOKFIELD Corp ON acquired a new stake in shares of Host Hotels & Resorts during the 1st quarter worth approximately $25,000. Blue Trust Inc. increased its holdings in Host Hotels & Resorts by 212.7% in the second quarter. Blue Trust Inc. now owns 1,473 shares of the company's stock valued at $26,000 after buying an additional 1,002 shares in the last quarter. Global X Japan Co. Ltd. acquired a new position in shares of Host Hotels & Resorts in the second quarter worth about $30,000. Farther Finance Advisors LLC boosted its stake in shares of Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock worth $50,000 after acquiring an additional 867 shares in the last quarter. Finally, 1620 Investment Advisors Inc. acquired a new stake in shares of Host Hotels & Resorts during the 2nd quarter valued at about $51,000. Hedge funds and other institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded up $0.07 during midday trading on Friday, reaching $18.07. The stock had a trading volume of 4,948,453 shares, compared to its average volume of 6,750,376. Host Hotels & Resorts, Inc. has a 12-month low of $15.71 and a 12-month high of $21.31. The company has a quick ratio of 4.55, a current ratio of 4.55 and a debt-to-equity ratio of 0.64. The firm has a fifty day simple moving average of $17.65 and a two-hundred day simple moving average of $17.76. The stock has a market cap of $12.69 billion, a P/E ratio of 16.82, a P/E/G ratio of 1.56 and a beta of 1.32.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.43%. The ex-dividend date was Monday, September 30th. Host Hotels & Resorts's dividend payout ratio (DPR) is 74.77%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Evercore ISI decreased their target price on Host Hotels & Resorts from $23.00 to $21.00 and set an "outperform" rating on the stock in a research report on Tuesday, August 13th. Stifel Nicolaus dropped their target price on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a "buy" rating on the stock in a research report on Thursday, August 1st. Compass Point raised shares of Host Hotels & Resorts from a "neutral" rating to a "buy" rating and raised their price target for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Robert W. Baird dropped their price target on Host Hotels & Resorts from $21.00 to $19.00 and set a "neutral" rating for the company in a research report on Monday, August 5th. Finally, Oppenheimer lowered their price objective on shares of Host Hotels & Resorts from $24.00 to $22.00 and set an "outperform" rating for the company in a research note on Monday, August 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $21.29.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.