Robeco Institutional Asset Management B.V. Sells 109,693 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Robeco Institutional Asset Management B.V. cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 18.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 494,954 shares of the company’s stock after selling 109,693 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.07% of Host Hotels & Resorts worth $8,672,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB grew its holdings in Host Hotels & Resorts by 94.9% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after acquiring an additional 991 shares during the period. Eastern Bank bought a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at about $45,000. Farther Finance Advisors LLC grew its stake in 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 during the period. 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 worth $63,000 after purchasing an additional 1,198 shares in the last quarter. Finally, Mendota Financial Group LLC lifted 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 during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on HST shares. UBS Group lowered their price objective on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $18.00 to $22.00 in a report on Thursday, October 17th. Wells Fargo & Company raised their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the company an “overweight” rating in a research note on Monday, December 9th. StockNews.com downgraded Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Finally, Stifel Nicolaus reduced their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $20.96.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $16.71 on Friday. 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 firm has a 50-day moving average of $17.79 and a 200-day moving average of $17.56. Host Hotels & Resorts, Inc. has a one year low of $15.71 and a one year high of $21.31. The company has a market cap of $11.68 billion, a P/E ratio of 16.22 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.24). Host Hotels & Resorts had a net margin of 12.92% and a return on equity of 10.72%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the business posted $0.41 EPS. The company’s quarterly revenue was up 8.6% on a year-over-year basis. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.92 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.79%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio is presently 77.67%.

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.