Cwm LLC Cuts Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Cwm LLC cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 7.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,693 shares of the company’s stock after selling 627 shares during the quarter. Cwm LLC’s holdings in Host Hotels & Resorts were worth $159,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in HST. CVA Family Office LLC acquired a new position in shares of Host Hotels & Resorts during the 4th quarter worth about $26,000. Parkside Financial Bank & Trust boosted its holdings in Host Hotels & Resorts by 57.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock valued at $28,000 after purchasing an additional 639 shares in the last quarter. Turtle Creek Wealth Advisors LLC purchased a new position in Host Hotels & Resorts in the fourth quarter valued at approximately $40,000. Private Trust Co. NA raised its holdings in Host Hotels & Resorts by 186.1% during the fourth quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock worth $46,000 after purchasing an additional 1,537 shares in the last quarter. Finally, Signaturefd LLC lifted its position in shares of Host Hotels & Resorts by 222.4% during the 4th quarter. Signaturefd LLC now owns 2,463 shares of the company’s stock worth $48,000 after buying an additional 1,699 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, Director Walter C. Rakowich sold 3,896 shares of the firm’s stock in a transaction on Thursday, May 16th. The stock was sold at an average price of $18.64, for a total value of $72,621.44. Following the completion of the sale, the director now owns 64,457 shares of the company’s stock, valued at $1,201,478.48. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 1.30% of the company’s stock.

Host Hotels & Resorts Trading Up 1.5 %

NASDAQ HST opened at $18.33 on Monday. The company has a quick ratio of 6.66, a current ratio of 6.66 and a debt-to-equity ratio of 0.67. The stock has a market capitalization of $12.92 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.58 and a beta of 1.31. Host Hotels & Resorts, Inc. has a 52-week low of $14.92 and a 52-week high of $21.31. The firm has a 50-day moving average price of $18.43 and a 200 day moving average price of $19.40.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.36%. Host Hotels & Resorts’s dividend payout ratio is currently 78.43%.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. Wedbush reaffirmed an “outperform” rating and issued a $22.00 target price on shares of Host Hotels & Resorts in a research report on Thursday, May 30th. Barclays reduced their target price on Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, May 30th. UBS Group dropped their price target on Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, April 19th. Raymond James boosted their price objective on Host Hotels & Resorts from $19.00 to $23.00 and gave the company an “outperform” rating in a research note on Friday, March 15th. Finally, Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $21.36.

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.