Nisa Investment Advisors LLC Has $4.68 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Nisa Investment Advisors LLC decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 14.1% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 262,126 shares of the company's stock after selling 42,983 shares during the period. Nisa Investment Advisors LLC's holdings in Host Hotels & Resorts were worth $4,676,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Pacer Advisors Inc. increased its holdings in Host Hotels & Resorts by 4.7% during the 2nd quarter. Pacer Advisors Inc. now owns 50,461 shares of the company's stock valued at $907,000 after acquiring an additional 2,274 shares in the last quarter. Public Sector Pension Investment Board lifted its stake in Host Hotels & Resorts by 17.3% in the 2nd quarter. Public Sector Pension Investment Board now owns 98,020 shares of the company's stock valued at $1,762,000 after buying an additional 14,436 shares in the last quarter. Bank of Montreal Can lifted its position in shares of Host Hotels & Resorts by 10.7% in the second quarter. Bank of Montreal Can now owns 772,689 shares of the company's stock valued at $13,993,000 after acquiring an additional 74,780 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Host Hotels & Resorts by 59.7% in the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 134,759 shares of the company's stock valued at $2,420,000 after purchasing an additional 50,385 shares in the last quarter. Finally, AXA S.A. grew its holdings in shares of Host Hotels & Resorts by 785.0% during the second quarter. AXA S.A. now owns 127,296 shares of the company's stock worth $2,289,000 after buying an additional 112,912 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. StockNews.com lowered shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research report on Thursday, November 14th. Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and lifted their price target for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an "overweight" rating in a research report on Monday, December 9th. UBS Group lowered their price objective on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a "neutral" rating for the company in a research note on Friday, November 15th. Finally, Stifel Nicolaus lowered their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating for the company in a research report on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $21.04.

Host Hotels & Resorts Stock Performance

Shares of HST traded down $0.49 during midday trading on Friday, hitting $16.94. 10,221,014 shares of the stock traded hands, compared to its average volume of 4,867,271. The business's 50 day moving average price is $17.88 and its two-hundred day moving average price is $17.61. Host Hotels & Resorts, Inc. has a 1-year low of $15.71 and a 1-year high of $21.31. The firm has a market capitalization of $11.84 billion, a PE ratio of 16.45 and a beta of 1.31. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by ($0.24). Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the company earned $0.41 EPS. The business's quarterly revenue was up 8.6% on a year-over-year basis. Equities research analysts predict that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.72%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts's payout ratio is currently 77.67%.

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.