Investors Sell Shares of Host Marriott L P (HST) on Strength (HST)
Traders sold shares of Host Marriott L P (NYSE:HST) on strength during trading on Monday. $7.86 million flowed into the stock on the tick-up and $27.63 million flowed out of the stock on the tick-down, for a money net flow of $19.77 million out of the stock. Of all equities tracked, Host Marriott L P had the 0th highest net out-flow for the day. Host Marriott L P traded up $0.04 for the day and closed at $19.46
HST has been the topic of a number of research reports. Zacks Investment Research raised Host Marriott L P from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Wednesday. Boenning Scattergood reissued a “buy” rating on shares of Host Marriott L P in a report on Friday, February 23rd. Barclays reissued an “equal weight” rating and set a $21.00 price objective (up from $20.00) on shares of Host Marriott L P in a report on Monday, February 26th. Deutsche Bank set a $23.00 price objective on Host Marriott L P and gave the company a “buy” rating in a report on Friday, February 9th. Finally, Cantor Fitzgerald set a $21.00 price objective on Host Marriott L P and gave the company a “buy” rating in a report on Friday, February 23rd. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $21.23.
The company has a quick ratio of 3.51, a current ratio of 3.51 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $14,285.79, a PE ratio of 11.46, a P/E/G ratio of 2.33 and a beta of 1.26.
The business also recently declared a quarterly dividend, which was paid on Monday, April 16th. Investors of record on Thursday, March 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, March 28th. This represents a $0.80 annualized dividend and a yield of 4.14%. Host Marriott L P’s payout ratio is 47.34%.
Institutional investors and hedge funds have recently bought and sold shares of the stock. We Are One Seven LLC bought a new position in Host Marriott L P during the 4th quarter worth approximately $112,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Host Marriott L P in the 4th quarter worth approximately $188,000. IFP Advisors Inc grew its position in shares of Host Marriott L P by 695.1% in the 4th quarter. IFP Advisors Inc now owns 9,915 shares of the real estate investment trust’s stock worth $197,000 after buying an additional 8,668 shares during the last quarter. Koch Industries Inc. bought a new stake in shares of Host Marriott L P in the 4th quarter worth approximately $209,000. Finally, Raymond James Financial Services Advisors Inc. bought a new stake in shares of Host Marriott L P in the 4th quarter worth approximately $216,000.
Host Marriott L P Company Profile
Host Hotels & Resorts, Inc is an S&P 500 and Fortune 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 87 properties in the United States and six properties internationally totaling approximately 52,000 rooms.
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