Liberty Mutual Group Asset Management Inc. Has $776,000 Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Liberty Mutual Group Asset Management Inc. lowered its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,166 shares of the company’s stock after selling 1,737 shares during the quarter. Liberty Mutual Group Asset Management Inc.’s holdings in Host Hotels & Resorts were worth $776,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in HST. Bessemer Group Inc. raised its position in Host Hotels & Resorts by 645.5% in the 1st quarter. Bessemer Group Inc. now owns 64,416 shares of the company’s stock valued at $1,331,000 after buying an additional 55,775 shares during the last quarter. CANADA LIFE ASSURANCE Co lifted its position in shares of Host Hotels & Resorts by 4.7% in the first quarter. CANADA LIFE ASSURANCE Co now owns 1,888,031 shares of the company’s stock worth $39,037,000 after purchasing an additional 84,687 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp boosted its holdings in Host Hotels & Resorts by 9.4% during the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 644,866 shares of the company’s stock worth $13,344,000 after purchasing an additional 55,654 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in Host Hotels & Resorts by 11.3% during the first quarter. BNP Paribas Financial Markets now owns 1,466,275 shares of the company’s stock worth $30,323,000 after purchasing an additional 149,057 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in Host Hotels & Resorts by 23.9% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 204,246 shares of the company’s stock valued at $4,224,000 after purchasing an additional 39,340 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Up 0.2 %

Shares of HST stock opened at $18.24 on Friday. Host Hotels & Resorts, Inc. has a 12-month low of $14.92 and a 12-month high of $21.31. The company has a market capitalization of $12.81 billion, a PE ratio of 17.88, a price-to-earnings-growth ratio of 1.67 and a beta of 1.32. The firm has a 50 day moving average price of $17.20 and a two-hundred day moving average price of $18.31. The company has a quick ratio of 4.55, a current ratio of 4.55 and a debt-to-equity ratio of 0.64.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date is Monday, September 30th. Host Hotels & Resorts’s dividend payout ratio is 78.43%.

Analyst Ratings Changes

Several equities research analysts have commented on HST shares. Stifel Nicolaus cut their price target on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. Robert W. Baird dropped their target price on Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating on the stock in a report on Monday, August 5th. JPMorgan Chase & Co. downgraded Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $20.00 to $18.00 in a research note on Friday, July 19th. Compass Point lowered Host Hotels & Resorts from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $25.00 to $18.00 in a research report on Thursday, August 1st. Finally, Barclays cut their price objective 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.06.

Host Hotels & Resorts Company 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.