Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Lowered by Worldquant Millennium Advisors LLC

Worldquant Millennium Advisors LLC lowered its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 11.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,355,245 shares of the company’s stock after selling 177,681 shares during the period. Worldquant Millennium Advisors LLC’s holdings in Host Hotels & Resorts were worth $23,744,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. National Pension Service acquired a new position in Host Hotels & Resorts during the 4th quarter valued at about $26,000. Jones Financial Companies Lllp boosted its position in shares of Host Hotels & Resorts by 202.6% during the 4th quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its position in shares of 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 valued at $36,000 after purchasing an additional 991 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of Host Hotels & Resorts during the 4th quarter valued at about $40,000. Finally, IFP Advisors Inc boosted its position in shares of Host Hotels & Resorts by 716.4% during the 4th quarter. IFP Advisors Inc now owns 2,841 shares of the company’s stock valued at $50,000 after purchasing an additional 2,493 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $15.14 on Wednesday. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.37. The company has a 50-day moving average of $14.35 and a two-hundred day moving average of $16.27. The stock has a market cap of $10.50 billion, a price-to-earnings ratio of 15.29 and a beta of 1.29. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, April 30th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.56 by $0.08. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The company had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period last year, the company posted $0.60 earnings per share. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date was Monday, March 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is 83.33%.

Wall Street Analyst Weigh In

HST has been the subject of several research reports. UBS Group reduced 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 report on Tuesday, January 28th. Wells Fargo & Company reduced their price objective on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Morgan Stanley reduced their price objective on shares of Host Hotels & Resorts from $15.00 to $14.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 22nd. Evercore ISI restated an “outperform” rating on shares of Host Hotels & Resorts in a research report on Friday. Finally, Raymond James reduced their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.90.

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.