Host Hotels and Resorts Inc (HST) Shares Sold by Sandy Spring Bank

Sandy Spring Bank lowered its position in shares of Host Hotels and Resorts Inc (NYSE:HST) by 53.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,054 shares of the real estate investment trust’s stock after selling 25,000 shares during the quarter. Sandy Spring Bank’s holdings in Host Hotels and Resorts were worth $438,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in HST. Advisor Group Inc. raised its holdings in shares of Host Hotels and Resorts by 69.0% during the second quarter. Advisor Group Inc. now owns 20,780 shares of the real estate investment trust’s stock valued at $380,000 after acquiring an additional 8,485 shares during the last quarter. QS Investors LLC raised its holdings in shares of Host Hotels and Resorts by 31.6% during the second quarter. QS Investors LLC now owns 84,916 shares of the real estate investment trust’s stock valued at $1,551,000 after acquiring an additional 20,400 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Host Hotels and Resorts by 446.0% during the second quarter. Janus Henderson Group PLC now owns 569,957 shares of the real estate investment trust’s stock valued at $10,413,000 after acquiring an additional 465,564 shares during the last quarter. BlueCrest Capital Management Ltd acquired a new position in shares of Host Hotels and Resorts during the second quarter valued at approximately $2,615,000. Finally, Cubist Systematic Strategies LLC raised its holdings in shares of Host Hotels and Resorts by 2,038.5% during the second quarter. Cubist Systematic Strategies LLC now owns 17,814 shares of the real estate investment trust’s stock valued at $325,000 after acquiring an additional 16,981 shares during the last quarter.

A number of equities analysts have commented on HST shares. Raymond James Financial raised Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a report on Monday, January 8th. Robert W. Baird set a $21.00 target price on Host Hotels and Resorts and gave the company a “buy” rating in a report on Friday, December 1st. Deutsche Bank raised Host Hotels and Resorts from a “hold” rating to a “buy” rating and increased their target price for the company from $18.00 to $21.00 in a report on Thursday, October 12th. Boenning Scattergood reissued a “buy” rating and set a $20.00 target price on shares of Host Hotels and Resorts in a report on Friday, November 3rd. Finally, BTIG Research raised Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a report on Monday, December 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $20.46.

In related news, EVP Elizabeth A. Abdoo sold 60,000 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $20.45, for a total value of $1,227,000.00. Following the completion of the sale, the executive vice president now owns 168,905 shares of the company’s stock, valued at $3,454,107.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.70% of the stock is currently owned by company insiders.

Shares of Host Hotels and Resorts Inc (NYSE HST) opened at $19.42 on Wednesday. Host Hotels and Resorts Inc has a fifty-two week low of $17.26 and a fifty-two week high of $21.53. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.62 and a quick ratio of 3.62. The company has a market capitalization of $14,320.71, a P/E ratio of 24.28, a P/E/G ratio of 2.35 and a beta of 1.26.

The business also recently declared a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.12%. Host Hotels and Resorts’s dividend payout ratio is presently 100.00%.

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Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

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

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