Sumitomo Mitsui Trust Group Inc. Sells 151,535 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Sumitomo Mitsui Trust Group Inc. reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 4.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,616,494 shares of the company's stock after selling 151,535 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.52% of Host Hotels & Resorts worth $63,361,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in HST. MassMutual Private Wealth & Trust FSB lifted 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 valued at $36,000 after purchasing an additional 991 shares in the last quarter. Eastern Bank bought a new stake in Host Hotels & Resorts in the 4th quarter valued at approximately $45,000. Farther Finance Advisors LLC lifted its stake in Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock valued at $50,000 after acquiring an additional 867 shares in the last quarter. Signaturefd LLC lifted its stake in Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company's stock valued at $63,000 after acquiring an additional 1,198 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of Host Hotels & Resorts by 126,025.0% in the fourth quarter. CENTRAL TRUST Co now owns 5,045 shares of the company's stock worth $88,000 after purchasing an additional 5,041 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on HST shares. Wells Fargo & Company upped their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an "overweight" rating in a report on Monday, December 9th. StockNews.com cut Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Compass Point upgraded Host Hotels & Resorts from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $18.00 to $22.00 in a research note on Thursday, October 17th. UBS Group dropped their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a research report on Tuesday, January 28th. Finally, Stifel Nicolaus dropped their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a research report on Friday, November 22nd. Two investment 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 MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $20.96.

Host Hotels & Resorts Stock Performance

HST traded up $0.11 during trading on Thursday, hitting $16.42. The stock had a trading volume of 3,968,216 shares, compared to its average volume of 7,400,320. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The company has a 50 day moving average price of $17.44 and a 200-day moving average price of $17.48. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The firm has a market cap of $11.48 billion, a price-to-earnings ratio of 15.94 and a beta of 1.30.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.87%. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 77.67%.

About Host Hotels & Resorts

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.