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

Rhumbline Advisers lessened its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 6.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,353,196 shares of the company’s stock after selling 97,757 shares during the period. Rhumbline Advisers’ holdings in Host Hotels & Resorts were worth $23,031,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of HST. Norges Bank bought a new stake in Host Hotels & Resorts during the second quarter worth $554,669,000. Arrowstreet Capital Limited Partnership increased its position in shares of Host Hotels & Resorts by 199.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock valued at $81,320,000 after purchasing an additional 3,523,534 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Host Hotels & Resorts by 86.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,607,714 shares of the company’s stock worth $40,054,000 after purchasing an additional 1,209,989 shares during the period. Sei Investments Co. boosted its holdings in shares of Host Hotels & Resorts by 37.5% in the 2nd quarter. Sei Investments Co. now owns 4,174,451 shares of the company’s stock worth $64,120,000 after buying an additional 1,137,654 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Host Hotels & Resorts by 24.3% during the first quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after buying an additional 1,019,345 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on HST. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Barclays assumed coverage on shares of Host Hotels & Resorts in a report on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 price target on the stock. UBS Group set a $21.00 price objective on Host Hotels & Resorts in a report on Friday, January 9th. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the stock from $18.00 to $22.00 in a research report on Friday, November 7th. Finally, Morgan Stanley set a $18.00 price target on Host Hotels & Resorts in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $19.32.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of Host Hotels & Resorts stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the transaction, the executive vice president owned 668,927 shares of the company’s stock, valued at $12,141,025.05. The trade was a 1.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is currently owned by corporate insiders.

Host Hotels & Resorts Stock Up 1.8%

Host Hotels & Resorts stock opened at $19.89 on Tuesday. The firm has a market capitalization of $13.68 billion, a price-to-earnings ratio of 18.94, a P/E/G ratio of 2.34 and a beta of 1.17. The firm has a 50 day simple moving average of $18.60 and a 200 day simple moving average of $17.47. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $20.33. 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 Dividend Announcement

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

About Host Hotels & Resorts

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.