Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Gilman Hill Asset Management LLC

Gilman Hill Asset Management LLC reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,045 shares of the company’s stock after selling 2,070 shares during the period. Gilman Hill Asset Management LLC’s holdings in Host Hotels & Resorts were worth $579,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Eastern Bank purchased a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at approximately $45,000. Farther Finance Advisors LLC grew its stake in shares of Host Hotels & Resorts by 44.5% during the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after purchasing an additional 867 shares in the last quarter. Signaturefd LLC increased its holdings in Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after buying an additional 1,198 shares during the last quarter. Mendota Financial Group LLC raised its stake in Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock valued at $70,000 after buying an additional 842 shares in the last quarter. Finally, Maryland Capital Advisors Inc. purchased a new stake in Host Hotels & Resorts during the 3rd quarter worth about $90,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $17.06 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The business has a 50 day simple moving average of $17.93 and a 200-day simple moving average of $17.63. Host Hotels & Resorts, Inc. has a 12 month low of $15.71 and a 12 month high of $21.31. The stock has a market capitalization of $11.93 billion, a PE ratio of 16.56 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS. Equities analysts predict that Host Hotels & Resorts, Inc. will post 1.94 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.69%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts’s payout ratio is 77.67%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on HST. Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a report on Monday, December 9th. UBS Group reduced their price objective on shares of Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Friday, November 15th. Stifel Nicolaus dropped their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Finally, Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $18.00 to $22.00 in a report on Thursday, October 17th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $21.04.

Host Hotels & Resorts Company 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.