Nisa Investment Advisors LLC Sells 42,983 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

Nisa Investment Advisors LLC trimmed its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 14.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 262,126 shares of the company’s stock after selling 42,983 shares during the period. Nisa Investment Advisors LLC’s holdings in Host Hotels & Resorts were worth $4,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Host Hotels & Resorts by 94.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after acquiring an additional 991 shares during the period. Eastern Bank bought a new position in shares of Host Hotels & Resorts in the fourth quarter worth $45,000. Farther Finance Advisors LLC boosted its holdings in shares of Host Hotels & Resorts by 44.5% in the third quarter. Farther Finance Advisors LLC now owns 2,816 shares of the company’s stock worth $50,000 after acquiring an additional 867 shares during the period. Signaturefd LLC boosted its holdings in shares of Host Hotels & Resorts by 50.5% in the third quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock worth $63,000 after acquiring an additional 1,198 shares during the period. Finally, Mendota Financial Group LLC raised its position in shares of Host Hotels & Resorts by 27.1% in the third quarter. Mendota Financial Group LLC now owns 3,952 shares of the company’s stock worth $70,000 after buying an additional 842 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Down 2.8 %

Shares of NASDAQ:HST opened at $16.94 on Friday. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $11.84 billion, a P/E ratio of 16.45 and a beta of 1.31. Host Hotels & Resorts, Inc. has a 12-month low of $15.71 and a 12-month high of $21.31. The stock’s 50-day moving average price is $17.88 and its 200-day moving average price is $17.61.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.24). The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.29 billion. Host Hotels & Resorts had a return on equity of 10.72% and a net margin of 12.92%. The firm’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.41 earnings per share. On average, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.92 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.72%. Host Hotels & Resorts’s payout ratio is presently 77.67%.

Analyst Upgrades and Downgrades

HST has been the topic of a number of recent analyst reports. Stifel Nicolaus lowered their price objective on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a research report on Friday, November 22nd. UBS Group lowered their price objective on Host Hotels & Resorts from $20.00 to $19.00 and set a “neutral” rating on the stock in a research report on Friday, November 15th. StockNews.com downgraded Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Thursday, November 14th. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Finally, Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts has an average rating of “Hold” and an average price target of $21.04.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.