Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Inspire Investing LLC

Inspire Investing LLC reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.5% in the 4th quarter, according to the company in its most recent 13F 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 period. Inspire Investing LLC’s holdings in Host Hotels & Resorts were worth $1,356,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB grew its holdings in 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 shares of Host Hotels & Resorts during the fourth quarter valued at about $45,000. Farther Finance Advisors LLC increased its position in shares of 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 acquiring an additional 867 shares during the last quarter. Signaturefd LLC lifted its stake in shares of 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 acquiring an additional 1,198 shares in the last quarter. Finally, Mendota Financial Group LLC boosted its holdings in 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 purchasing an additional 842 shares during the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $17.43 on Friday. 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 firm has a market capitalization of $12.18 billion, a PE ratio of 16.92 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 business’s fifty day moving average price is $17.88 and its two-hundred day moving average price is $17.62.

Host Hotels & Resorts (NASDAQ:HST) last released 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 analyst estimates of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the business earned $0.41 EPS. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 1.94 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.59%. The ex-dividend date was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is 77.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on HST shares. Stifel Nicolaus dropped 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 upped their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a 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. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Finally, UBS Group reduced their price target on shares of 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. Two 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 company’s stock. Based on data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Hold” and a consensus target price of $21.04.

Host Hotels & Resorts Company 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.