Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC lessened its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 81.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,846 shares of the company’s stock after selling 79,128 shares during the quarter. SG Americas Securities LLC’s holdings in Host Hotels & Resorts were worth $313,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in HST. MassMutual Private Wealth & Trust FSB boosted its position in shares of Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock valued at $36,000 after purchasing an additional 991 shares in the last quarter. Eastern Bank acquired a new stake in Host Hotels & Resorts during the fourth quarter valued at approximately $45,000. Farther Finance Advisors LLC boosted its holdings in Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after buying an additional 867 shares in the last quarter. Signaturefd LLC grew its position in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after buying an additional 1,198 shares during the last quarter. Finally, Mendota Financial Group LLC increased its holdings in shares of Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock valued at $70,000 after buying an additional 842 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST opened at $16.39 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The business’s 50-day moving average price is $17.72 and its two-hundred day moving average price is $17.53. The company has a market capitalization of $11.46 billion, a P/E ratio of 15.91 and a beta of 1.30.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.88%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 77.67%.

Wall Street Analyst Weigh In

HST has been the subject of several research reports. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $18.00 to $22.00 in a research note on Thursday, October 17th. UBS Group decreased their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Stifel Nicolaus cut their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a report on Friday, November 22nd. Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. Finally, StockNews.com lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Hold” and an average price target of $20.96.

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.