Robeco Institutional Asset Management B.V. Trims Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Robeco Institutional Asset Management B.V. reduced its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 18.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 494,954 shares of the company’s stock after selling 109,693 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Host Hotels & Resorts were worth $8,672,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MassMutual Private Wealth & Trust FSB lifted its position in shares of Host Hotels & Resorts by 94.9% during 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. Eastern Bank bought a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at $45,000. Farther Finance Advisors LLC lifted its holdings in Host Hotels & Resorts by 44.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after purchasing an additional 867 shares in the last quarter. Signaturefd LLC boosted its stake in Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after purchasing an additional 1,198 shares during the period. Finally, Mendota Financial Group LLC grew its holdings in Host Hotels & Resorts by 27.1% during the 3rd 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. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST opened at $16.71 on Friday. The stock’s 50-day moving average is $17.79 and its 200 day moving average is $17.56. The stock has a market cap of $11.68 billion, a price-to-earnings ratio of 16.22 and a beta of 1.31. Host Hotels & Resorts, Inc. has a 1-year low of $15.71 and a 1-year high of $21.31. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST) last posted 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). Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the business posted $0.41 earnings per share. The company’s revenue was up 8.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 EPS 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. Shareholders of record on Tuesday, December 31st were given 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 yield of 4.79%. Host Hotels & Resorts’s payout ratio is 77.67%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HST shares. Wells Fargo & Company increased their price target 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. Stifel Nicolaus cut their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a report on Friday, November 22nd. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price target for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. UBS Group dropped their price objective on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Finally, StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note 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 issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.96.

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.