Host Hotels & Resorts, Inc. (NASDAQ:HST) Holdings Cut by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,634,625 shares of the company's stock after selling 213,043 shares during the period. Vanguard Group Inc. owned 15.97% of Host Hotels & Resorts worth $1,955,839,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Host Hotels & Resorts by 537.4% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company's stock valued at $121,318,000 after purchasing an additional 5,811,722 shares during the last quarter. KBC Group NV raised its holdings in shares of Host Hotels & Resorts by 155.2% during the fourth quarter. KBC Group NV now owns 5,610,981 shares of the company's stock valued at $98,305,000 after buying an additional 3,412,589 shares during the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Host Hotels & Resorts by 16.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 15,899,205 shares of the company's stock worth $278,554,000 after buying an additional 2,261,877 shares during the period. Duff & Phelps Investment Management Co. grew its holdings in Host Hotels & Resorts by 92.9% in the 3rd quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company's stock worth $48,652,000 after buying an additional 1,331,407 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Host Hotels & Resorts in the 4th quarter valued at approximately $17,586,000. 98.52% of the stock is owned by institutional investors.

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Host Hotels & Resorts Trading Down 0.4 %

Shares of Host Hotels & Resorts stock traded down $0.06 during trading on Monday, hitting $14.21. The stock had a trading volume of 9,220,913 shares, compared to its average volume of 7,437,262. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $9.93 billion, a PE ratio of 14.35 and a beta of 1.30. Host Hotels & Resorts, Inc. has a 1 year low of $13.83 and a 1 year high of $20.85. The stock has a 50 day simple moving average of $16.01 and a 200 day simple moving average of $17.21.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.29. The company had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.63%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is currently 80.81%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. UBS Group decreased their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a research note on Tuesday, January 28th. Wells Fargo & Company decreased their target price on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Raymond James lowered their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a research note on Tuesday, February 18th. Compass Point cut shares of Host Hotels & Resorts from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $20.00 to $18.00 in a report on Monday, March 10th. Finally, Truist Financial lowered their price objective on shares of Host Hotels & Resorts from $20.00 to $17.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $19.54.

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.