Host Hotels & Resorts, Inc. (NASDAQ:HST) Stake Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 494,954 shares of the company's stock after selling 109,693 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.07% of Host Hotels & Resorts worth $8,672,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company's stock valued at $36,000 after acquiring an additional 991 shares in the last quarter. Eastern Bank bought a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at about $45,000. Farther Finance Advisors LLC increased its stake in shares of Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock valued at $50,000 after buying an additional 867 shares during the period. Signaturefd LLC boosted its holdings in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company's stock valued at $63,000 after acquiring an additional 1,198 shares during the last quarter. Finally, Mendota Financial Group LLC grew its holdings in Host Hotels & Resorts by 27.1% during the 3rd quarter. Mendota Financial Group LLC now owns 3,952 shares of the company's stock worth $70,000 after acquiring an additional 842 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Trading Up 0.4 %

NASDAQ:HST traded up $0.07 on Friday, reaching $16.71. 11,268,488 shares of the company's stock were exchanged, compared to its average volume of 6,395,224. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31. The firm has a market capitalization of $11.68 billion, a price-to-earnings ratio of 16.22 and a beta of 1.31. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The business has a fifty day moving average of $17.79 and a 200-day moving average of $17.56.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly 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 return on equity of 10.72% and a net margin of 12.92%. The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same period last year, the firm earned $0.41 earnings per share. The firm's quarterly revenue was up 8.6% on a year-over-year basis. As a group, analysts expect that Host Hotels & Resorts, Inc. will post 1.92 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.79%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts's payout ratio is currently 77.67%.

Analysts Set New Price Targets

Several equities research analysts have commented on HST shares. Stifel Nicolaus decreased their price objective on shares of 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. StockNews.com cut shares of Host Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Thursday, November 14th. Compass Point raised Host Hotels & Resorts from a "neutral" rating to a "buy" rating and increased their target price for the company from $18.00 to $22.00 in a research note on Thursday, October 17th. UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. Finally, 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. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $20.96.

Host Hotels & Resorts 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.