Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Trimmed by Principal Securities Inc.

Principal Securities Inc. decreased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 57.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,619 shares of the company’s stock after selling 15,665 shares during the quarter. Principal Securities Inc.’s holdings in Host Hotels & Resorts were worth $204,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of HST. MassMutual Private Wealth & Trust FSB increased its stake in shares of Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after acquiring an additional 991 shares during the period. Eastern Bank bought a new position in Host Hotels & Resorts during the 4th quarter valued at $45,000. Farther Finance Advisors LLC boosted its stake in Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after purchasing an additional 867 shares in the last quarter. Signaturefd LLC increased its position in shares of Host Hotels & Resorts by 50.5% during the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after purchasing an additional 1,198 shares during the period. Finally, CENTRAL TRUST Co raised its stake in shares of Host Hotels & Resorts by 126,025.0% in the 4th quarter. CENTRAL TRUST Co now owns 5,045 shares of the company’s stock worth $88,000 after buying an additional 5,041 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Performance

NASDAQ:HST opened at $16.25 on Tuesday. The firm’s 50-day moving average is $17.13 and its 200-day moving average is $17.49. The company has a market cap of $11.36 billion, a price-to-earnings ratio of 16.41 and a beta of 1.30. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.90 and a current ratio of 1.91. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results 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. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. Equities research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.92%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.81%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on HST. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Wells Fargo & Company reduced their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. UBS Group cut their target price on 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. Raymond James decreased their price target on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus dropped their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Hold” and an average price target of $20.54.

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.