Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. lessened its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 6.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,117,894 shares of the company's stock after selling 142,100 shares during the period. Victory Capital Management Inc. owned approximately 0.30% of Host Hotels & Resorts worth $37,106,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Freedom Investment Management Inc. lifted its position in Host Hotels & Resorts by 3.0% in the third quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company's stock worth $380,000 after buying an additional 625 shares during the last quarter. Savant Capital LLC raised its stake in shares of Host Hotels & Resorts by 2.7% in the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company's stock valued at $428,000 after acquiring an additional 634 shares during the period. Atlantic Edge Private Wealth Management LLC lifted its holdings in shares of Host Hotels & Resorts by 1.0% in the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after acquiring an additional 746 shares during the last quarter. Verdence Capital Advisors LLC boosted its stake in shares of Host Hotels & Resorts by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company's stock worth $296,000 after purchasing an additional 784 shares during the period. Finally, Farther Finance Advisors LLC boosted its stake in shares of Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company's stock worth $50,000 after purchasing an additional 867 shares during the period. Hedge funds and other institutional investors own 98.52% of the company's stock.

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Host Hotels & Resorts Stock Down 3.9 %

Host Hotels & Resorts stock traded down $0.59 during trading hours on Thursday, reaching $14.52. The stock had a trading volume of 10,890,591 shares, compared to its average volume of 7,014,031. Host Hotels & Resorts, Inc. has a 52 week low of $14.45 and a 52 week high of $21.27. The company has a market cap of $10.15 billion, a price-to-earnings ratio of 14.67 and a beta of 1.30. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90. The business's 50 day moving average price is $16.63 and its 200-day moving average price is $17.43.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.15 by $0.29. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. The firm had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.37 billion. Sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts's payout ratio is currently 80.81%.

Wall Street Analysts Forecast Growth

HST has been the subject of several analyst reports. 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 lowered Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Compass Point downgraded Host Hotels & Resorts from a "buy" rating to a "neutral" rating and cut their price objective for the company from $20.00 to $18.00 in a research report on Monday. Wells Fargo & Company reduced their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Finally, Raymond James lowered their target price on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $20.21.

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.