Host Hotels and Resorts Inc (HST) Short Interest Up 29.0% in January

Host Hotels and Resorts Inc (NYSE:HST) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 29,217,455 shares, a growth of 29.0% from the January 15th total of 22,643,774 shares. Currently, 4.0% of the company’s stock are sold short. Based on an average trading volume of 7,808,585 shares, the days-to-cover ratio is presently 3.7 days.

Host Hotels and Resorts stock opened at $17.98 on Wednesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 5.32 and a current ratio of 5.32. Host Hotels and Resorts has a 1 year low of $15.94 and a 1 year high of $22.47. The stock has a market capitalization of $13.36 billion, a PE ratio of 10.64, a price-to-earnings-growth ratio of 2.10 and a beta of 1.21.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st were given a $0.20 dividend. The ex-dividend date of this dividend was Friday, December 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.45%. Host Hotels and Resorts’s payout ratio is currently 47.34%.

HST has been the topic of a number of research analyst reports. Wells Fargo & Co set a $22.00 price objective on shares of Host Hotels and Resorts and gave the company a “buy” rating in a research note on Tuesday, November 13th. Deutsche Bank set a $23.00 price objective on shares of Host Hotels and Resorts and gave the company a “buy” rating in a research note on Saturday, November 3rd. Zacks Investment Research upgraded shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday. Citigroup downgraded shares of Host Hotels and Resorts from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $24.00 to $19.50 in a research report on Wednesday, December 12th. Finally, Evercore ISI upgraded shares of Host Hotels and Resorts from an “in-line” rating to an “outperform” rating in a research report on Tuesday, December 18th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $21.50.

Several institutional investors have recently bought and sold shares of the company. DNB Asset Management AS increased its holdings in shares of Host Hotels and Resorts by 4.7% in the 3rd quarter. DNB Asset Management AS now owns 102,596 shares of the real estate investment trust’s stock worth $2,165,000 after acquiring an additional 4,600 shares during the period. Deprince Race & Zollo Inc. increased its holdings in shares of Host Hotels and Resorts by 6.2% in the 3rd quarter. Deprince Race & Zollo Inc. now owns 1,339,233 shares of the real estate investment trust’s stock worth $28,258,000 after acquiring an additional 77,796 shares during the period. Andra AP fonden increased its holdings in shares of Host Hotels and Resorts by 13.0% in the 3rd quarter. Andra AP fonden now owns 347,700 shares of the real estate investment trust’s stock worth $7,336,000 after acquiring an additional 40,100 shares during the period. Nisa Investment Advisors LLC increased its holdings in shares of Host Hotels and Resorts by 17.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 307,145 shares of the real estate investment trust’s stock worth $6,481,000 after acquiring an additional 45,869 shares during the period. Finally, Aperio Group LLC increased its holdings in shares of Host Hotels and Resorts by 2.6% in the 3rd quarter. Aperio Group LLC now owns 498,912 shares of the real estate investment trust’s stock worth $10,527,000 after acquiring an additional 12,759 shares during the period. Institutional investors own 97.76% of the company’s stock.

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Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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