Asset Management One Co. Ltd. Has $21.60 Million Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Asset Management One Co. Ltd. reduced its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,360,260 shares of the company’s stock after selling 55,575 shares during the quarter. Asset Management One Co. Ltd. owned 0.19% of Host Hotels & Resorts worth $21,600,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. GPS Wealth Strategies Group LLC bought a new stake in Host Hotels & Resorts in the third quarter worth $25,000. Brown Brothers Harriman & Co. boosted its holdings in Host Hotels & Resorts by 1,921.5% during the first quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock valued at $26,000 after acquiring an additional 1,249 shares during the period. Glassman Wealth Services boosted its holdings in Host Hotels & Resorts by 317.9% during the second quarter. Glassman Wealth Services now owns 1,747 shares of the company’s stock valued at $27,000 after acquiring an additional 1,329 shares during the period. FinTrust Capital Advisors LLC bought a new stake in Host Hotels & Resorts during the third quarter valued at about $27,000. Finally, Parkside Financial Bank & Trust lifted its stake in shares of Host Hotels & Resorts by 146.3% in the first quarter. Parkside Financial Bank & Trust now owns 1,643 shares of the company’s stock valued at $32,000 after buying an additional 976 shares during the period. 97.07% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Up 0.9 %

Shares of NASDAQ HST opened at $18.13 on Wednesday. The company’s fifty day moving average is $17.28 and its 200-day moving average is $17.58. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of 16.04 and a beta of 1.25. Host Hotels & Resorts, Inc. has a twelve month low of $15.10 and a twelve month high of $21.63. The company has a quick ratio of 8.73, a current ratio of 8.73 and a debt-to-equity ratio of 0.62.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 17th. Investors of record on Friday, December 30th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.65%. Host Hotels & Resorts’s payout ratio is 42.48%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. TheStreet upgraded shares of Host Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Friday, October 28th. Morgan Stanley dropped their price target on shares of Host Hotels & Resorts from $20.00 to $19.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 18th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Host Hotels & Resorts from $26.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, October 25th. Finally, StockNews.com assumed coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 12th. They set a “hold” rating for the company. Four analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.18.

About Host Hotels & Resorts

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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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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