Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC reduced its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 93,687 shares of the company’s stock after selling 4,495 shares during the period. Yousif Capital Management LLC’s holdings in Host Hotels & Resorts were worth $1,641,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its holdings in Host Hotels & Resorts by 23.1% in the third quarter. The Manufacturers Life Insurance Company now owns 606,122 shares of the company’s stock valued at $10,668,000 after purchasing an additional 113,761 shares during the period. Verition Fund Management LLC lifted its position in shares of Host Hotels & Resorts by 123.4% in the third quarter. Verition Fund Management LLC now owns 65,681 shares of the company’s stock valued at $1,156,000 after acquiring an additional 36,278 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in shares of Host Hotels & Resorts in the third quarter valued at approximately $540,000. LMR Partners LLP purchased a new position in shares of Host Hotels & Resorts in the third quarter valued at approximately $4,775,000. Finally, Aigen Investment Management LP purchased a new position in shares of Host Hotels & Resorts in the third quarter valued at approximately $639,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $16.31 on Thursday. Host Hotels & Resorts, Inc. has a 52 week low of $15.71 and a 52 week high of $21.31. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $11.40 billion, a P/E ratio of 15.84 and a beta of 1.30. The stock’s fifty day moving average is $17.49 and its two-hundred day moving average is $17.49.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.90%. Host Hotels & Resorts’s payout ratio is presently 77.67%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Stifel Nicolaus decreased 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. Wells Fargo & Company raised their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. StockNews.com downgraded Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Finally, UBS Group reduced their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $20.96.

Host Hotels & Resorts Company 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.