Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB decreased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 15.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 8,778 shares of the company’s stock after selling 1,590 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Host Hotels & Resorts were worth $154,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. State Street Corp grew its position in shares of Host Hotels & Resorts by 1.9% in the 3rd quarter. State Street Corp now owns 51,243,563 shares of the company’s stock worth $912,056,000 after acquiring an additional 950,431 shares in the last quarter. Geode Capital Management LLC boosted its position in Host Hotels & Resorts by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 18,902,882 shares of the company’s stock valued at $331,698,000 after purchasing an additional 180,904 shares during the period. Daiwa Securities Group Inc. boosted its position in Host Hotels & Resorts by 66.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 13,637,328 shares of the company’s stock valued at $240,017,000 after purchasing an additional 5,466,629 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Host Hotels & Resorts by 1.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 10,300,937 shares of the company’s stock valued at $181,296,000 after purchasing an additional 181,103 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Host Hotels & Resorts by 537.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 6,893,087 shares of the company’s stock valued at $121,318,000 after purchasing an additional 5,811,722 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Down 1.1 %

HST opened at $16.31 on Thursday. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The stock’s fifty day moving average is $17.49 and its 200-day moving average is $17.49. The company has a market capitalization of $11.40 billion, a PE ratio of 15.84 and a beta of 1.30.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. UBS Group reduced their price objective on 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. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $18.00 to $22.00 in a research report on Thursday, October 17th. Wells Fargo & Company boosted their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Finally, Stifel Nicolaus cut their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $20.96.

About Host Hotels & Resorts

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.