Wealth Enhancement Advisory Services LLC Has $623,000 Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Wealth Enhancement Advisory Services LLC decreased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 88.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,422 shares of the company's stock after selling 284,369 shares during the quarter. Wealth Enhancement Advisory Services LLC's holdings in Host Hotels & Resorts were worth $623,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of HST. Russell Investments Group Ltd. increased its position in Host Hotels & Resorts by 103.2% in the 1st quarter. Russell Investments Group Ltd. now owns 3,675,589 shares of the company's stock valued at $76,002,000 after acquiring an additional 1,866,661 shares during the period. Skandinaviska Enskilda Banken AB publ raised its stake in shares of Host Hotels & Resorts by 20.2% during the second quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company's stock valued at $143,169,000 after purchasing an additional 1,339,458 shares in the last quarter. LSV Asset Management lifted its holdings in Host Hotels & Resorts by 11.7% in the second quarter. LSV Asset Management now owns 9,189,000 shares of the company's stock worth $165,218,000 after purchasing an additional 965,100 shares during the period. Lazard Asset Management LLC grew its position in Host Hotels & Resorts by 111.7% in the 1st quarter. Lazard Asset Management LLC now owns 1,642,387 shares of the company's stock valued at $33,963,000 after buying an additional 866,530 shares in the last quarter. Finally, National Bank of Canada FI increased its stake in Host Hotels & Resorts by 285.7% during the 2nd quarter. National Bank of Canada FI now owns 1,131,323 shares of the company's stock valued at $19,945,000 after buying an additional 838,005 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Wall Street Analyst Weigh In

HST has been the subject of a number of research analyst reports. Robert W. Baird reduced their price target on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a "neutral" rating for the company in a research note on Monday, August 5th. Wells Fargo & Company cut their target price on Host Hotels & Resorts from $21.00 to $19.00 and set an "overweight" rating for the company in a research report on Friday, September 13th. 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 research report on Thursday, October 17th. Stifel Nicolaus cut their price objective on Host Hotels & Resorts from $22.00 to $21.00 and set a "buy" rating for the company in a report on Thursday, August 1st. Finally, StockNews.com cut Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Friday. Two analysts have rated the stock with a sell rating, three have issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of "Moderate Buy" and an average target price of $21.29.

Host Hotels & Resorts Stock Up 0.1 %

Shares of HST stock traded up $0.01 during trading on Friday, hitting $18.01. 8,591,495 shares of the company were exchanged, compared to its average volume of 5,947,194. The business's 50-day simple moving average is $17.65 and its 200 day simple moving average is $17.76. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The firm has a market capitalization of $12.65 billion, a price-to-earnings ratio of 17.49, a P/E/G ratio of 1.61 and a beta of 1.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.55 and a current ratio of 4.55.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend was Monday, September 30th. Host Hotels & Resorts's dividend payout ratio (DPR) is presently 77.67%.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.