Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 20.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 251,036 shares of the company's stock after selling 65,194 shares during the period. Leeward Investments LLC MA's holdings in Host Hotels & Resorts were worth $4,418,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in Host Hotels & Resorts by 103.2% in the first quarter. Russell Investments Group Ltd. now owns 3,675,589 shares of the company's stock valued at $76,002,000 after acquiring an additional 1,866,661 shares during the last quarter. Skandinaviska Enskilda Banken AB publ raised its holdings in Host Hotels & Resorts by 20.2% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company's stock worth $143,169,000 after acquiring an additional 1,339,458 shares in the last quarter. LSV Asset Management raised its position in Host Hotels & Resorts by 11.7% during the second quarter. LSV Asset Management now owns 9,189,000 shares of the company's stock worth $165,218,000 after acquiring an additional 965,100 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Host Hotels & Resorts by 111.7% during the 1st quarter. Lazard Asset Management LLC now owns 1,642,387 shares of the company's stock worth $33,963,000 after acquiring an additional 866,530 shares during the period. Finally, National Bank of Canada FI lifted its stake in shares of Host Hotels & Resorts by 285.7% during the 2nd quarter. National Bank of Canada FI now owns 1,131,323 shares of the company's stock worth $19,945,000 after buying an additional 838,005 shares during the last quarter. Institutional investors own 98.52% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Robert W. Baird lowered their price objective on shares of 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. Compass Point raised shares of Host Hotels & Resorts from a "neutral" rating to a "buy" rating and upped their price objective for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. Oppenheimer dropped their price target on Host Hotels & Resorts from $24.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, August 12th. Truist Financial decreased their target price on Host Hotels & Resorts from $23.00 to $20.00 and set a "hold" rating for the company in a research report on Wednesday, September 4th. Finally, Evercore ISI reduced their price objective on shares of Host Hotels & Resorts from $23.00 to $21.00 and set an "outperform" rating for the company in a report on Tuesday, August 13th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus price target of $21.29.

Host Hotels & Resorts Trading Up 0.8 %

Shares of HST traded up $0.14 during midday trading on Friday, hitting $18.14. The stock had a trading volume of 3,153,222 shares, compared to its average volume of 6,742,104. Host Hotels & Resorts, Inc. has a 1 year low of $15.71 and a 1 year high of $21.31. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.55 and a quick ratio of 4.55. The firm has a market cap of $12.74 billion, a PE ratio of 16.82, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32. The stock's 50 day moving average is $17.65 and its 200 day moving average is $17.76.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date of this dividend was Monday, September 30th. Host Hotels & Resorts's payout ratio is currently 74.77%.

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.