New Mexico Educational Retirement Board lessened its holdings in Host Hotels and Resorts Inc (NYSE:HST) by 2.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 61,883 shares of the real estate investment trust’s stock after selling 1,300 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Host Hotels and Resorts were worth $1,170,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Host Hotels and Resorts by 1.4% in the third quarter. Vanguard Group Inc. now owns 122,326,213 shares of the real estate investment trust’s stock worth $2,581,083,000 after purchasing an additional 1,747,770 shares in the last quarter. Vanguard Group Inc raised its position in Host Hotels and Resorts by 1.4% during the third quarter. Vanguard Group Inc now owns 122,326,213 shares of the real estate investment trust’s stock worth $2,581,083,000 after acquiring an additional 1,747,770 shares in the last quarter. BlackRock Inc. raised its position in Host Hotels and Resorts by 4.2% during the fourth quarter. BlackRock Inc. now owns 86,424,415 shares of the real estate investment trust’s stock worth $1,440,696,000 after acquiring an additional 3,486,111 shares in the last quarter. PGGM Investments raised its position in Host Hotels and Resorts by 37.3% during the fourth quarter. PGGM Investments now owns 18,593,209 shares of the real estate investment trust’s stock worth $309,949,000 after acquiring an additional 5,053,489 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its position in Host Hotels and Resorts by 1,610.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 18,133,693 shares of the real estate investment trust’s stock worth $1,088,000 after acquiring an additional 17,073,795 shares in the last quarter. 97.93% of the stock is currently owned by institutional investors and hedge funds.

HST has been the topic of several analyst reports. Zacks Investment Research raised shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday, February 12th. Deutsche Bank reaffirmed a “buy” rating and set a $22.00 price target on shares of Host Hotels and Resorts in a research report on Sunday, February 24th. Finally, Wolfe Research lowered shares of Host Hotels and Resorts from a “market perform” rating to an “underperform” rating and set a $19.16 price target on the stock. in a research report on Tuesday, March 12th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $21.22.

In other news, CFO Michael D. Bluhm sold 18,360 shares of the stock in a transaction dated Tuesday, March 5th. The shares were sold at an average price of $19.84, for a total value of $364,262.40. Following the transaction, the chief financial officer now directly owns 176,618 shares of the company’s stock, valued at $3,504,101.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by corporate insiders.

NYSE HST opened at $18.90 on Monday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 5.51 and a current ratio of 5.51. Host Hotels and Resorts Inc has a 1 year low of $15.94 and a 1 year high of $22.47. The firm has a market cap of $13.99 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 2.14 and a beta of 1.21.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Tuesday, February 19th. The real estate investment trust reported $0.41 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.37 billion. Host Hotels and Resorts had a net margin of 19.68% and a return on equity of 14.86%. During the same period in the prior year, the firm earned $0.12 earnings per share. Equities research analysts anticipate that Host Hotels and Resorts Inc will post 1.77 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 29th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend was Thursday, March 28th. Host Hotels and Resorts’s payout ratio is presently 45.20%.

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About Host Hotels and Resorts

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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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Institutional Ownership by Quarter for Host Hotels and Resorts (NYSE:HST)

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