Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 6.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 104,275 shares of the company’s stock after selling 7,351 shares during the period. Yousif Capital Management LLC’s holdings in Host Hotels & Resorts were worth $2,030,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in HST. CVA Family Office LLC acquired a new position in Host Hotels & Resorts in the 4th quarter valued at approximately $26,000. Parkside Financial Bank & Trust increased its stake in Host Hotels & Resorts by 57.5% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,750 shares of the company’s stock valued at $28,000 after buying an additional 639 shares during the period. Turtle Creek Wealth Advisors LLC acquired a new position in Host Hotels & Resorts in the 4th quarter valued at approximately $40,000. NBC Securities Inc. acquired a new position in Host Hotels & Resorts in the 3rd quarter valued at approximately $35,000. Finally, Private Trust Co. NA increased its stake in Host Hotels & Resorts by 186.1% in the 4th quarter. Private Trust Co. NA now owns 2,363 shares of the company’s stock valued at $46,000 after buying an additional 1,537 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on HST. Barclays increased their price target on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, March 15th. Bank of America upgraded shares of Host Hotels & Resorts from an “underperform” rating to a “buy” rating and increased their price target for the stock from $18.00 to $23.00 in a research note on Monday, January 8th. UBS Group dropped their price target on shares of Host Hotels & Resorts from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Friday, April 19th. Raymond James increased their price target on shares of Host Hotels & Resorts from $19.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, March 15th. Finally, Oppenheimer increased their price target on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.33.

Insider Transactions at Host Hotels & Resorts

In other news, CEO James F. Risoleo sold 28,136 shares of the firm’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $21.04, for a total transaction of $591,981.44. Following the completion of the transaction, the chief executive officer now directly owns 2,225,577 shares of the company’s stock, valued at approximately $46,826,140.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.30% of the stock is owned by insiders.

Host Hotels & Resorts Price Performance

Shares of Host Hotels & Resorts stock opened at $18.84 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 3.29 and a quick ratio of 3.29. 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 fifty day moving average price of $20.21 and a two-hundred day moving average price of $18.98. The company has a market cap of $13.26 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 1.71 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.25). Host Hotels & Resorts had a net margin of 13.93% and a return on equity of 10.82%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the company earned $0.44 earnings per share. Host Hotels & Resorts’s revenue for the quarter was up 4.8% on a year-over-year basis. Analysts expect that Host Hotels & Resorts, Inc. will post 1.97 EPS for the current year.

Host Hotels & Resorts Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.25%. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Wednesday, March 27th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.92%.

About Host Hotels & Resorts

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.