Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Leeward Investments LLC MA

Leeward Investments LLC MA decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 315,072 shares of the company’s stock after selling 8,521 shares during the period. Leeward Investments LLC MA’s holdings in Host Hotels & Resorts were worth $6,134,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CVA Family Office LLC purchased a new position in Host Hotels & Resorts in the fourth quarter valued at $26,000. Parkside Financial Bank & Trust increased its holdings in Host Hotels & Resorts by 57.5% in the third quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock valued at $28,000 after buying an additional 639 shares in the last quarter. NBC Securities Inc. purchased a new position in Host Hotels & Resorts in the third quarter valued at $35,000. Turtle Creek Wealth Advisors LLC purchased a new position in Host Hotels & Resorts in the fourth quarter valued at $40,000. Finally, Private Trust Co. NA increased its holdings in Host Hotels & Resorts by 186.1% in the fourth quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock valued at $46,000 after buying an additional 1,537 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Down 0.2 %

NASDAQ:HST traded down $0.03 on Friday, hitting $18.86. The stock had a trading volume of 3,952,161 shares, compared to its average volume of 5,923,556. The company has a quick ratio of 3.29, a current ratio of 3.29 and a debt-to-equity ratio of 0.63. The stock has a market cap of $13.27 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 1.72 and a beta of 1.31. The company has a fifty day moving average price of $20.24 and a two-hundred day moving average price of $18.90. Host Hotels & Resorts, Inc. has a 1-year low of $14.92 and a 1-year high of $21.31.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, February 21st. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.25). The firm had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.29 billion. Host Hotels & Resorts had a net margin of 13.93% and a return on equity of 10.82%. The business’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 earnings per share. Equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.97 earnings per share for the current fiscal year.

Host Hotels & Resorts Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.24%. This is a positive change from Host Hotels & Resorts’s previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, March 27th. Host Hotels & Resorts’s payout ratio is presently 76.92%.

Insider Buying and Selling at Host Hotels & Resorts

In other news, CEO James F. Risoleo sold 28,136 shares of the company’s stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $21.04, for a total value of $591,981.44. Following the transaction, the chief executive officer now directly owns 2,225,577 shares in the company, valued at approximately $46,826,140.08. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Bank of America raised shares of Host Hotels & Resorts from an “underperform” rating to a “buy” rating and lifted their price objective for the company from $18.00 to $23.00 in a report on Monday, January 8th. Truist Financial boosted their target price on shares of Host Hotels & Resorts from $21.00 to $24.00 and gave the stock a “hold” rating in a research note on Thursday, March 14th. UBS Group cut their target price on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating for the company in a research note on Friday, April 19th. Oppenheimer boosted their target price on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. Finally, Barclays boosted their target price on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, March 15th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.33.

Host Hotels & Resorts Company 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.