Pensionfund DSM Netherlands Lowers Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Pensionfund DSM Netherlands lowered its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 19.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,998 shares of the company’s stock after selling 25,000 shares during the period. Pensionfund DSM Netherlands’ holdings in Host Hotels & Resorts were worth $1,787,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of HST. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of 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. Daiwa Securities Group Inc. raised its holdings in shares of Host Hotels & Resorts by 66.9% in the third quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock worth $240,017,000 after buying an additional 5,466,629 shares during the last quarter. KBC Group NV lifted its stake in shares of Host Hotels & Resorts by 207.9% during the third quarter. KBC Group NV now owns 2,198,392 shares of the company’s stock worth $38,692,000 after buying an additional 1,484,370 shares during the period. Skandinaviska Enskilda Banken AB publ increased its position in shares of Host Hotels & Resorts by 20.2% in the 2nd quarter. Skandinaviska Enskilda Banken AB publ now owns 7,962,687 shares of the company’s stock valued at $143,169,000 after acquiring an additional 1,339,458 shares during the period. Finally, Duff & Phelps Investment Management Co. raised its stake 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 acquiring an additional 1,331,407 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on HST. Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, December 9th. UBS Group cut their price target on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. 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 shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Finally, Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.19.

Host Hotels & Resorts Stock Down 0.1 %

HST traded down $0.02 during trading hours on Monday, hitting $17.43. 332,843 shares of the company’s stock were exchanged, compared to its average volume of 4,286,585. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 12-month low of $15.71 and a 12-month high of $21.31. The firm has a market cap of $12.18 billion, a P/E ratio of 16.92 and a beta of 1.31. The firm has a 50 day moving average of $18.04 and a 200 day moving average of $17.68.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.24). Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the business posted $0.41 earnings per share. The firm’s revenue was up 8.6% on a year-over-year basis. Analysts predict that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date of this dividend is Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

Host Hotels & Resorts 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.