Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by IFM Investors Pty Ltd

IFM Investors Pty Ltd decreased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 311,553 shares of the company’s stock after selling 6,773 shares during the period. IFM Investors Pty Ltd’s holdings in Host Hotels & Resorts were worth $5,483,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC grew its holdings in Host Hotels & Resorts by 3.8% during the first quarter. Legacy Wealth Asset Management LLC now owns 15,774 shares of the company’s stock worth $326,000 after acquiring an additional 579 shares during the period. Assenagon Asset Management S.A. increased its holdings in shares of Host Hotels & Resorts by 3.0% in the 2nd quarter. Assenagon Asset Management S.A. now owns 19,858 shares of the company’s stock valued at $357,000 after purchasing an additional 584 shares in the last quarter. Covestor Ltd lifted its stake in shares of Host Hotels & Resorts by 16.1% in the first quarter. Covestor Ltd now owns 4,460 shares of the company’s stock valued at $92,000 after purchasing an additional 618 shares during the period. D Orazio & Associates Inc. boosted its holdings in Host Hotels & Resorts by 6.3% during the second quarter. D Orazio & Associates Inc. now owns 10,968 shares of the company’s stock worth $197,000 after buying an additional 648 shares in the last quarter. Finally, Quadrature Capital Ltd grew its position in Host Hotels & Resorts by 3.0% during the first quarter. Quadrature Capital Ltd now owns 27,490 shares of the company’s stock worth $568,000 after buying an additional 790 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on HST. Evercore ISI lowered their price target on Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating on the stock in a report on Tuesday, August 13th. Wells Fargo & Company dropped their price target on Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, September 13th. Oppenheimer decreased their price objective on shares of Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, August 12th. Truist Financial lowered their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set a “hold” rating on the stock in a research note on Wednesday, September 4th. Finally, Robert W. Baird cut their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating for the company in a research report on Monday, August 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $21.29.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $17.58 on Friday. The business’s 50-day moving average price is $17.56 and its 200 day moving average price is $17.88. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64. Host Hotels & Resorts, Inc. has a twelve month low of $14.92 and a twelve month high of $21.31. The company has a market capitalization of $12.39 billion, a PE ratio of 17.24, a price-to-earnings-growth ratio of 1.58 and a beta of 1.32.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $0.80 dividend on an annualized basis and a yield of 4.55%. Host Hotels & Resorts’s payout ratio is 78.43%.

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.