LSV Asset Management Sells 61,664 Shares of Host Hotels and Resorts Inc (HST)

LSV Asset Management trimmed its position in shares of Host Hotels and Resorts Inc (NYSE:HST) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 6,385,974 shares of the real estate investment trust’s stock after selling 61,664 shares during the period. LSV Asset Management’s holdings in Host Hotels and Resorts were worth $106,454,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in HST. Private Capital Group LLC boosted its stake in shares of Host Hotels and Resorts by 44.7% during the fourth quarter. Private Capital Group LLC now owns 2,274 shares of the real estate investment trust’s stock valued at $38,000 after purchasing an additional 703 shares in the last quarter. Exane Asset Management acquired a new stake in shares of Host Hotels and Resorts during the fourth quarter valued at about $43,000. We Are One Seven LLC acquired a new stake in shares of Host Hotels and Resorts during the fourth quarter valued at about $56,000. San Francisco Sentry Investment Group CA boosted its stake in shares of Host Hotels and Resorts by 2,290.9% during the third quarter. San Francisco Sentry Investment Group CA now owns 6,575 shares of the real estate investment trust’s stock valued at $139,000 after purchasing an additional 6,300 shares in the last quarter. Finally, Rehmann Capital Advisory Group boosted its stake in shares of Host Hotels and Resorts by 588.7% during the third quarter. Rehmann Capital Advisory Group now owns 8,967 shares of the real estate investment trust’s stock valued at $189,000 after purchasing an additional 7,665 shares in the last quarter. 97.76% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels and Resorts stock opened at $17.98 on Wednesday. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.55. The company has a market capitalization of $13.36 billion, a P/E ratio of 10.64, a P/E/G ratio of 2.10 and a beta of 1.21. Host Hotels and Resorts Inc has a one year low of $15.94 and a one year high of $22.47.

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

A number of equities analysts recently commented on HST shares. Zacks Investment Research lowered Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research note on Monday, January 7th. Wells Fargo & Co set a $22.00 price objective on Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Tuesday, November 13th. Evercore ISI raised Host Hotels and Resorts from an “in-line” rating to an “outperform” rating in a research note on Tuesday, December 18th. Barclays raised Host Hotels and Resorts from an “equal weight” rating to an “overweight” rating and cut their price objective for the stock from $23.00 to $22.00 in a research note on Tuesday, December 18th. Finally, Morgan Stanley lowered Host Hotels and Resorts from an “equal weight” rating to an “underweight” rating in a research note on Thursday, December 20th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and eight have assigned a buy rating to the company. Host Hotels and Resorts has an average rating of “Hold” and a consensus target price of $21.50.

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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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Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels and Resorts Inc (NYSE:HST).

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

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