Louisiana State Employees Retirement System Lowers Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Louisiana State Employees Retirement System decreased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,600 shares of the company’s stock after selling 1,900 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Host Hotels & Resorts were worth $659,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. MassMutual Private Wealth & Trust FSB lifted its stake in shares of Host Hotels & Resorts by 94.9% in 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 position in shares of Host Hotels & Resorts in the 4th quarter valued at about $45,000. Farther Finance Advisors LLC lifted its stake in shares of 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 purchasing an additional 867 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after purchasing an additional 1,198 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of Host Hotels & Resorts by 126,025.0% in the 4th quarter. CENTRAL TRUST Co now owns 5,045 shares of the company’s stock valued at $88,000 after purchasing an additional 5,041 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $17.05 on Wednesday. The business’s 50 day moving average is $17.30 and its two-hundred day moving average is $17.48. Host Hotels & Resorts, Inc. has a 52-week low of $15.71 and a 52-week high of $21.31. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 16.55 and a beta of 1.30. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued 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 4.69%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 77.67%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HST. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Raymond James reduced their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday. Wells Fargo & Company reduced their price objective on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday. UBS Group reduced their price target 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. Finally, Stifel Nicolaus reduced their price target 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. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $20.54.

About Host Hotels & Resorts

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.