Kentucky Retirement Systems lessened its stake in Host Hotels and Resorts Inc (NYSE:HST) by 48.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,278 shares of the real estate investment trust’s stock after selling 30,162 shares during the quarter. Kentucky Retirement Systems’ holdings in Host Hotels and Resorts were worth $538,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. Doyle Wealth Management acquired a new position in Host Hotels and Resorts during the fourth quarter worth $33,000. Private Capital Group LLC boosted its holdings in Host Hotels and Resorts by 44.7% during the fourth quarter. Private Capital Group LLC now owns 2,274 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 703 shares during the last quarter. Pearl River Capital LLC acquired a new position in Host Hotels and Resorts during the fourth quarter worth $39,000. Exane Asset Management acquired a new position in Host Hotels and Resorts during the fourth quarter worth $43,000. Finally, Parallel Advisors LLC boosted its holdings in Host Hotels and Resorts by 129.4% during the fourth quarter. Parallel Advisors LLC now owns 3,079 shares of the real estate investment trust’s stock worth $51,000 after purchasing an additional 1,737 shares during the last quarter. Institutional investors own 97.93% of the company’s stock.

NYSE HST opened at $19.28 on Tuesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 5.51 and a current ratio of 5.51. Host Hotels and Resorts Inc has a 1 year low of $15.94 and a 1 year high of $22.47. The firm has a market cap of $13.99 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 2.14 and a beta of 1.21.

Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings results on Tuesday, February 19th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.41. Host Hotels and Resorts had a net margin of 19.68% and a return on equity of 14.86%. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.37 billion. During the same period in the prior year, the firm posted $0.12 earnings per share. Equities research analysts anticipate that Host Hotels and Resorts Inc will post 1.77 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, April 15th. Shareholders of record on Friday, March 29th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.15%. The ex-dividend date is Thursday, March 28th. Host Hotels and Resorts’s dividend payout ratio (DPR) is currently 45.20%.

In other Host Hotels and Resorts news, CFO Michael D. Bluhm sold 18,360 shares of the company’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $19.84, for a total transaction of $364,262.40. Following the sale, the chief financial officer now directly owns 176,618 shares of the company’s stock, valued at $3,504,101.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Several research analysts recently commented on HST shares. Deutsche Bank restated a “buy” rating and set a $22.00 target price on shares of Host Hotels and Resorts in a report on Sunday, February 24th. Zacks Investment Research upgraded shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a report on Tuesday, February 12th. Barclays upgraded shares of Host Hotels and Resorts from an “equal weight” rating to an “overweight” rating and reduced their target price for the stock from $23.00 to $22.00 in a report on Tuesday, December 18th. Citigroup cut shares of Host Hotels and Resorts from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $24.00 to $19.50 in a report on Wednesday, December 12th. Finally, Wolfe Research cut shares of Host Hotels and Resorts from a “market perform” rating to an “underperform” rating and set a $19.16 target price for the company. in a report on Tuesday, March 12th. Three analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $21.22.

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Host Hotels and Resorts 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.

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

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