Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Position Cut by Inspire Investing LLC

Inspire Investing LLC trimmed its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,396 shares of the company’s stock after selling 4,464 shares during the quarter. Inspire Investing LLC’s holdings in Host Hotels & Resorts were worth $1,356,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its holdings in shares of Host Hotels & Resorts by 186.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 52,203 shares of the company’s stock valued at $915,000 after buying an additional 33,984 shares during the period. MassMutual Private Wealth & Trust FSB raised its position 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 acquiring an additional 991 shares in the last quarter. Avanza Fonder AB acquired a new stake in Host Hotels & Resorts in the 4th quarter valued at about $1,457,000. Ritholtz Wealth Management boosted its position in shares of Host Hotels & Resorts by 10.9% during the 4th quarter. Ritholtz Wealth Management now owns 106,073 shares of the company’s stock valued at $1,858,000 after purchasing an additional 10,463 shares in the last quarter. Finally, Meridian Financial Partners LLC grew its stake in shares of Host Hotels & Resorts by 1.3% in the 4th quarter. Meridian Financial Partners LLC now owns 77,830 shares of the company’s stock worth $1,364,000 after purchasing an additional 977 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Up 0.8 %

NASDAQ:HST opened at $17.43 on Friday. The stock has a market cap of $12.18 billion, a PE ratio of 16.92 and a beta of 1.31. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.71 and a fifty-two week high of $21.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The stock’s 50-day moving average is $17.88 and its two-hundred day moving average is $17.62.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm posted $0.41 earnings per share. The business’s revenue for the quarter was up 8.6% on a year-over-year basis. As a group, equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued 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 4.59%. Host Hotels & Resorts’s dividend payout ratio is 77.67%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Stifel Nicolaus cut their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. 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 target price on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a report on Friday, November 15th. StockNews.com downgraded Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Finally, Wells Fargo & Company lifted their price target on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. 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 stock. Based on data from MarketBeat, Host Hotels & Resorts currently has an average rating of “Hold” and a consensus price target of $21.04.

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.