Rhumbline Advisers Sells 97,757 Shares of Host Hotels & Resorts, Inc. $HST

Rhumbline Advisers lowered its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 6.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 1,353,196 shares of the company’s stock after selling 97,757 shares during the period. Rhumbline Advisers owned 0.20% of Host Hotels & Resorts worth $23,031,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC acquired a new position in Host Hotels & Resorts in the second quarter valued at $29,000. MUFG Securities EMEA plc bought a new position in shares of Host Hotels & Resorts in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. lifted its stake in shares of Host Hotels & Resorts by 234.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after purchasing an additional 1,339 shares during the period. Compagnie Lombard Odier SCmA bought a new stake in shares of Host Hotels & Resorts during the 3rd quarter valued at about $34,000. Finally, Mather Group LLC. acquired a new stake in Host Hotels & Resorts during the third quarter worth approximately $35,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Stock Performance

HST opened at $19.89 on Tuesday. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $20.33. The company has a market cap of $13.68 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.34 and a beta of 1.17. The company’s fifty day moving average price is $18.60 and its two-hundred day moving average price is $17.47. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.15 per share. This represents a yield of 85.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Host Hotels & Resorts’s payout ratio is currently 76.19%.

Analyst Ratings Changes

HST has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. Robert W. Baird set a $20.00 price target on shares of Host Hotels & Resorts in a report on Monday, January 12th. Morgan Stanley set a $18.00 price objective on shares of Host Hotels & Resorts in a report on Friday, January 16th. Finally, Evercore downgraded Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price for the company. in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.32.

Insider Activity at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $18.47, for a total transaction of $167,818.42. Following the transaction, the executive vice president owned 659,841 shares of the company’s stock, valued at $12,187,263.27. The trade was a 1.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.40% of the stock is currently owned by company insiders.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.