Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Holdings Cut by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lessened its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 0.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,328,493 shares of the company’s stock after selling 10,672 shares during the period. Public Employees Retirement System of Ohio owned about 0.19% of Host Hotels & Resorts worth $27,473,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HST. Riverview Trust Co purchased a new stake in shares of Host Hotels & Resorts in the first quarter valued at $27,000. CVA Family Office LLC purchased a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at $26,000. Mather Group LLC. purchased a new stake in shares of Host Hotels & Resorts in the first quarter valued at $35,000. Turtle Creek Wealth Advisors LLC acquired a new position in shares of Host Hotels & Resorts in the fourth quarter worth $40,000. Finally, Private Trust Co. NA increased its stake in shares of Host Hotels & Resorts by 186.1% in the fourth quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock worth $46,000 after acquiring an additional 1,537 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Up 1.9 %

HST traded up $0.33 during trading on Monday, reaching $17.78. 3,753,565 shares of the company’s stock were exchanged, compared to its average volume of 6,044,861. The company’s fifty day moving average price is $17.98 and its 200-day moving average price is $19.15. The company has a debt-to-equity ratio of 0.67, a quick ratio of 6.66 and a current ratio of 6.66. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.92 and a fifty-two week high of $21.31. The firm has a market capitalization of $12.54 billion, a PE ratio of 17.46, a P/E/G ratio of 1.52 and a beta of 1.33.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a dividend of $0.20 per share. The ex-dividend date was Friday, June 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.50%. Host Hotels & Resorts’s dividend payout ratio is 78.43%.

Insider Transactions at Host Hotels & Resorts

In related news, Director Walter C. Rakowich sold 3,896 shares of the business’s stock in a transaction on Thursday, May 16th. The shares were sold at an average price of $18.64, for a total value of $72,621.44. Following the sale, the director now directly owns 64,457 shares of the company’s stock, valued at approximately $1,201,478.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.30% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Wedbush reissued an “outperform” rating and set a $22.00 target price on shares of Host Hotels & Resorts in a research report on Thursday, May 30th. Barclays lowered their price target on Host Hotels & Resorts from $25.00 to $24.00 and set an “overweight” rating on the stock in a research report on Thursday, May 30th. UBS Group lowered their price target on Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a research report on Friday, April 19th. Truist Financial lowered their price target on Host Hotels & Resorts from $24.00 to $23.00 and set a “hold” rating on the stock in a research report on Thursday, May 30th. Finally, JPMorgan Chase & Co. cut shares of Host Hotels & Resorts from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $20.00 to $18.00 in a research note on Friday, July 19th. Two analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $21.57.

Host Hotels & 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 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.