Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC cut its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 88.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,773 shares of the company's stock after selling 148,696 shares during the period. Wealthfront Advisers LLC's holdings in Host Hotels & Resorts were worth $346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Freedom Investment Management Inc. raised its stake 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 valued at $380,000 after buying an additional 625 shares in the last quarter. Savant Capital LLC grew its holdings in shares of Host Hotels & Resorts by 2.7% during the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company's stock worth $428,000 after purchasing an additional 634 shares during the last quarter. Atlantic Edge Private Wealth Management LLC grew its holdings in shares of Host Hotels & Resorts by 1.0% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company's stock worth $1,297,000 after purchasing an additional 746 shares during the last quarter. Ieq Capital LLC grew its holdings in shares of Host Hotels & Resorts by 7.3% during the fourth quarter. Ieq Capital LLC now owns 13,281 shares of the company's stock worth $233,000 after purchasing an additional 899 shares during the last quarter. Finally, Meridian Financial Partners LLC grew its holdings in shares of Host Hotels & Resorts by 1.3% during the fourth quarter. Meridian Financial Partners LLC now owns 77,830 shares of the company's stock worth $1,364,000 after purchasing an additional 977 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

Several equities analysts have issued reports on HST shares. Stifel Nicolaus dropped their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a "buy" rating on the stock in a report on Friday, November 22nd. Raymond James dropped their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating on the stock in a report on Tuesday, February 18th. UBS Group dropped their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating on the stock in a report on Tuesday, January 28th. Citigroup dropped their price objective on Host Hotels & Resorts from $21.00 to $19.00 and set a "buy" rating on the stock in a report on Monday. Finally, Compass Point lowered Host Hotels & Resorts from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $20.00 to $18.00 in a report on Monday, March 10th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $20.12.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST traded down $0.16 during midday trading on Thursday, reaching $14.96. 10,555,575 shares of the company were exchanged, compared to its average volume of 7,047,643. Host Hotels & Resorts, Inc. has a 1 year low of $14.47 and a 1 year high of $21.27. The stock has a fifty day simple moving average of $16.41 and a 200 day simple moving average of $17.34. The stock has a market cap of $10.46 billion, a P/E ratio of 15.11 and a beta of 1.30. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.37 billion. On average, research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share 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. Shareholders of record on Monday, March 31st will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.35%. The ex-dividend date of this dividend is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio is presently 80.81%.

Host Hotels & Resorts Company 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.