Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Signet Financial Management LLC

Signet Financial Management LLC cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 7.8% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,880 shares of the company’s stock after selling 3,139 shares during the period. Signet Financial Management LLC’s holdings in Host Hotels & Resorts were worth $646,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Eastern Bank purchased a new stake in Host Hotels & Resorts during the 4th quarter worth about $45,000. Czech National Bank raised its position in shares of Host Hotels & Resorts by 5.9% during the 4th quarter. Czech National Bank now owns 151,564 shares of the company’s stock worth $2,655,000 after acquiring an additional 8,470 shares in the last quarter. Pensionfund Sabic lifted its stake in Host Hotels & Resorts by 5.9% during the fourth quarter. Pensionfund Sabic now owns 53,843 shares of the company’s stock worth $943,000 after purchasing an additional 3,000 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Host Hotels & Resorts by 42.9% in the fourth quarter. GAMMA Investing LLC now owns 12,275 shares of the company’s stock valued at $215,000 after purchasing an additional 3,684 shares in the last quarter. Finally, Tidal Investments LLC increased its stake in Host Hotels & Resorts by 27.1% in the third quarter. Tidal Investments LLC now owns 31,038 shares of the company’s stock valued at $546,000 after purchasing an additional 6,611 shares during the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HST. Stifel Nicolaus reduced their price objective on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research report on Friday, November 22nd. Wells Fargo & Company boosted their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. UBS Group cut their target price on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $21.04.

Host Hotels & Resorts Trading Up 0.5 %

Shares of HST stock opened at $17.16 on Tuesday. The company has a market capitalization of $12.00 billion, a P/E ratio of 16.66 and a beta of 1.31. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The business’s 50 day moving average is $17.99 and its two-hundred day moving average is $17.64. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31.

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

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, December 31st. This represents a $0.80 annualized dividend and a yield of 4.66%. Host Hotels & Resorts’s dividend payout ratio is currently 77.67%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.