Sanctuary Advisors LLC Sells 11,605 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Sanctuary Advisors LLC decreased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 45.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,987 shares of the company’s stock after selling 11,605 shares during the quarter. Sanctuary Advisors LLC’s holdings in Host Hotels & Resorts were worth $233,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB grew its holdings in Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after purchasing an additional 991 shares during the period. Eastern Bank acquired a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at about $45,000. Farther Finance Advisors LLC increased its position in Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after buying an additional 867 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in Host Hotels & Resorts during the 4th quarter worth approximately $57,000. Finally, CENTRAL TRUST Co boosted its holdings in Host Hotels & Resorts by 126,025.0% in the fourth quarter. CENTRAL TRUST Co now owns 5,045 shares of the company’s stock worth $88,000 after acquiring an additional 5,041 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Raymond James dropped their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. 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. Finally, Stifel Nicolaus dropped their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $20.54.

Host Hotels & Resorts Stock Up 1.5 %

Shares of Host Hotels & Resorts stock opened at $16.08 on Thursday. The company has a 50-day simple moving average of $16.84 and a two-hundred day simple moving average of $17.47. 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 52-week low of $15.65 and a 52-week high of $21.27. The stock has a market capitalization of $11.24 billion, a PE ratio of 16.24 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, February 19th. The company reported $0.44 earnings per share for the quarter, beating 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 analyst estimates of $1.37 billion. On average, analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.98%. Host Hotels & Resorts’s payout ratio is 80.81%.

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.