Host Hotels and Resorts Inc (NYSE:HST) Shares Sold by Symons Capital Management Inc.

Symons Capital Management Inc. lessened its position in Host Hotels and Resorts Inc (NYSE:HST) by 13.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,879 shares of the real estate investment trust’s stock after selling 37,527 shares during the period. Host Hotels and Resorts comprises 1.9% of Symons Capital Management Inc.’s portfolio, making the stock its 29th largest holding. Symons Capital Management Inc.’s holdings in Host Hotels and Resorts were worth $4,233,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of HST. Nuveen Asset Management LLC raised its position in shares of Host Hotels and Resorts by 175.2% in the second quarter. Nuveen Asset Management LLC now owns 11,697,899 shares of the real estate investment trust’s stock valued at $213,137,000 after buying an additional 7,446,548 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of Host Hotels and Resorts by 3,267.9% in the second quarter. Daiwa Securities Group Inc. now owns 5,406,381 shares of the real estate investment trust’s stock valued at $98,505,000 after buying an additional 5,245,854 shares during the last quarter. Cohen & Steers Inc. raised its position in shares of Host Hotels and Resorts by 187.4% in the second quarter. Cohen & Steers Inc. now owns 7,991,480 shares of the real estate investment trust’s stock valued at $145,605,000 after buying an additional 5,210,573 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Host Hotels and Resorts by 60.2% in the second quarter. JPMorgan Chase & Co. now owns 10,245,777 shares of the real estate investment trust’s stock valued at $184,526,000 after buying an additional 3,850,979 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Host Hotels and Resorts by 1,546.8% in the second quarter. Schroder Investment Management Group now owns 3,230,106 shares of the real estate investment trust’s stock valued at $58,852,000 after buying an additional 3,033,957 shares during the last quarter. 97.22% of the stock is owned by institutional investors and hedge funds.

HST stock traded up $0.22 on Friday, hitting $17.17. 8,280,947 shares of the company were exchanged, compared to its average volume of 6,872,809. Host Hotels and Resorts Inc has a twelve month low of $15.51 and a twelve month high of $20.34. The company has a debt-to-equity ratio of 0.52, a current ratio of 5.12 and a quick ratio of 5.12. The business’s fifty day moving average is $16.80 and its two-hundred day moving average is $17.59. The stock has a market capitalization of $12.71 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 1.98 and a beta of 1.11.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend was Friday, September 27th. Host Hotels and Resorts’s dividend payout ratio (DPR) is 45.20%.

Several equities analysts recently commented on the stock. Deutsche Bank dropped their price target on shares of Host Hotels and Resorts from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. BMO Capital Markets assumed coverage on shares of Host Hotels and Resorts in a research report on Wednesday, October 16th. They set an “outperform” rating and a $19.00 price target for the company. BTIG Research lowered shares of Host Hotels and Resorts from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. ValuEngine lowered shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research report on Friday. Finally, Stifel Nicolaus set a $20.00 price target on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Four research analysts have rated the stock with a sell rating, two have given a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $19.85.

Host Hotels and Resorts Company Profile

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.

Read More: What Does a Sell-Side Analyst Rating Mean?

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

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply