Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. reduced its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 607,726 shares of the company’s stock after selling 23,757 shares during the period. Achmea Investment Management B.V. owned 0.09% of Host Hotels & Resorts worth $10,647,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. National Pension Service purchased a new position in Host Hotels & Resorts in the 4th quarter valued at about $26,000. Jones Financial Companies Lllp raised its position in shares of Host Hotels & Resorts by 202.6% in the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after buying an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted 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 buying an additional 991 shares during the period. Kestra Investment Management LLC acquired a new stake in Host Hotels & Resorts during the fourth quarter worth approximately $40,000. Finally, Eastern Bank purchased a new stake in Host Hotels & Resorts in the 4th quarter worth approximately $45,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

HST stock opened at $14.52 on Friday. The firm has a market cap of $10.15 billion, a P/E ratio of 14.67 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 1 year low of $14.47 and a 1 year high of $21.27. The stock has a 50-day simple moving average of $16.57 and a 200-day simple moving average of $17.41.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.15 by $0.29. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company 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. 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 5.51%. Host Hotels & Resorts’s dividend payout ratio is currently 80.81%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on HST shares. UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Compass Point cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $20.00 to $18.00 in a research note on Monday. Stifel Nicolaus cut their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. Finally, Wells Fargo & Company lowered their price target on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Host Hotels & Resorts presently has an average rating of “Hold” and an average price target of $20.21.

Host Hotels & Resorts 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.