Forvis Mazars Wealth Advisors LLC Has $1.33 Million Stock Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Forvis Mazars Wealth Advisors LLC reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 55.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 75,896 shares of the company’s stock after selling 94,103 shares during the period. Forvis Mazars Wealth Advisors LLC’s holdings in Host Hotels & Resorts were worth $1,330,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Freedom Investment Management Inc. grew its holdings in Host Hotels & Resorts by 3.0% in the 3rd quarter. Freedom Investment Management Inc. now owns 21,594 shares of the company’s stock valued at $380,000 after buying an additional 625 shares in the last quarter. Savant Capital LLC boosted its stake in shares of Host Hotels & Resorts by 2.7% in the fourth quarter. Savant Capital LLC now owns 24,404 shares of the company’s stock valued at $428,000 after buying an additional 634 shares during the period. Atlantic Edge Private Wealth Management LLC grew its position in Host Hotels & Resorts by 1.0% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 74,014 shares of the company’s stock worth $1,297,000 after buying an additional 746 shares in the last quarter. Verdence Capital Advisors LLC increased its stake in Host Hotels & Resorts by 4.9% during the 3rd quarter. Verdence Capital Advisors LLC now owns 16,803 shares of the company’s stock worth $296,000 after acquiring an additional 784 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in Host Hotels & Resorts by 44.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock valued at $50,000 after acquiring an additional 867 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

HST has been the topic of several analyst reports. Raymond James reduced their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a report on Tuesday, February 18th. 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 dropped their target price on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research report on Tuesday, January 28th. Wells Fargo & Company reduced their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus lowered 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. Two analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Hold” and a consensus target price of $20.54.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $16.34 on Monday. The stock has a market cap of $11.42 billion, a price-to-earnings ratio of 16.51 and a beta of 1.30. The company has a quick ratio of 2.90, a current ratio of 1.91 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts, Inc. has a twelve month low of $15.71 and a twelve month high of $21.31. The company’s fifty day moving average is $17.18 and its 200 day moving average is $17.49.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.15 by $0.29. The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.37% and a net margin of 12.26%. Sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.81%.

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.