Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Securian Asset Management Inc.

Securian Asset Management Inc. lessened its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,569 shares of the company’s stock after selling 1,281 shares during the period. Securian Asset Management Inc.’s holdings in Host Hotels & Resorts were worth $658,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of HST. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Host Hotels & Resorts by 537.4% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company’s stock worth $121,318,000 after buying an additional 5,811,722 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Host Hotels & Resorts by 66.9% during 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 period. KBC Group NV boosted its stake in shares of Host Hotels & Resorts by 155.2% during the fourth quarter. KBC Group NV now owns 5,610,981 shares of the company’s stock worth $98,305,000 after buying an additional 3,412,589 shares during the period. Duff & Phelps Investment Management Co. boosted its stake in shares of Host Hotels & Resorts by 92.9% during the third quarter. Duff & Phelps Investment Management Co. now owns 2,764,294 shares of the company’s stock worth $48,652,000 after buying an additional 1,331,407 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Host Hotels & Resorts during the fourth quarter worth about $17,586,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Up 2.7 %

Shares of Host Hotels & Resorts stock opened at $14.91 on Monday. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77. The company has a 50-day moving average of $16.52 and a two-hundred day moving average of $17.39. Host Hotels & Resorts, Inc. has a 12-month low of $14.47 and a 12-month high of $21.27. The stock has a market cap of $10.42 billion, a PE ratio of 15.06 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data 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. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. On average, research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.37%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 80.81%.

Analysts Set New Price Targets

Several research analysts recently issued reports on HST shares. Stifel Nicolaus cut their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a report on Friday, November 22nd. Compass Point cut shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and cut their price target for the stock from $20.00 to $18.00 in a report on Monday, March 10th. UBS Group cut their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Wells Fargo & Company cut their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. Finally, Raymond James cut their price target on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price 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.