Twin Capital Management Inc. Cuts Position in Host Hotels & Resorts, Inc. (HST)

Twin Capital Management Inc. lowered its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 4.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 33,045 shares of the company’s stock after selling 1,452 shares during the period. Twin Capital Management Inc.’s holdings in Host Hotels & Resorts were worth $623,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Franklin Resources Inc. raised its position in Host Hotels & Resorts by 1,605.4% in the second quarter. Franklin Resources Inc. now owns 25,831,665 shares of the company’s stock worth $418,731,000 after buying an additional 24,316,931 shares during the last quarter. BlackRock Fund Advisors raised its position in Host Hotels & Resorts by 3.6% in the third quarter. BlackRock Fund Advisors now owns 22,969,924 shares of the company’s stock worth $357,642,000 after buying an additional 803,456 shares during the last quarter. Bank of New York Mellon Corp raised its position in Host Hotels & Resorts by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 20,111,351 shares of the company’s stock worth $326,004,000 after buying an additional 52,993 shares during the last quarter. Northern Trust Corp raised its position in Host Hotels & Resorts by 1.6% in the third quarter. Northern Trust Corp now owns 13,091,628 shares of the company’s stock worth $203,838,000 after buying an additional 208,920 shares during the last quarter. Finally, AEW Capital Management L P raised its position in Host Hotels & Resorts by 15.5% in the third quarter. AEW Capital Management L P now owns 8,272,083 shares of the company’s stock worth $128,796,000 after buying an additional 1,112,000 shares during the last quarter.

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

Host Hotels & Resorts, Inc. (NYSE:HST) traded up 0.899% on Monday, reaching $18.525. 3,052,929 shares of the company traded hands. Host Hotels & Resorts, Inc. has a 1-year low of $13.98 and a 1-year high of $19.51. The stock has a 50 day moving average of $18.36 and a 200-day moving average of $17.28. The stock has a market capitalization of $13.71 billion, a price-to-earnings ratio of 17.493 and a beta of 1.30.

The company also recently declared a special dividend, which was paid on Tuesday, January 17th. Stockholders of record on Friday, December 30th were given a $0.05 dividend. This represents a dividend yield of 4.21%. The ex-dividend date of this dividend was Wednesday, December 28th. Host Hotels & Resorts’s dividend payout ratio is currently 74.77%.

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A number of equities analysts have weighed in on HST shares. Zacks Investment Research upgraded shares of Host Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Monday, December 5th. Nomura lowered shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $19.00 to $16.00 in a research report on Tuesday, October 25th. Canaccord Genuity reiterated a “hold” rating and issued a $17.00 price target on shares of Host Hotels & Resorts in a research report on Thursday, December 15th. Goldman Sachs Group, Inc. (The) lowered shares of Host Hotels & Resorts from a “neutral” rating to a “sell” rating and upped their price target for the stock from $15.00 to $16.00 in a research report on Thursday, January 19th. Finally, Argus lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, December 15th. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $17.39.

In other news, EVP Elizabeth A. Abdoo sold 105,405 shares of the firm’s stock in a transaction on Monday, December 19th. The stock was sold at an average price of $19.07, for a total value of $2,010,073.35. Following the completion of the transaction, the executive vice president now owns 189,556 shares in the company, valued at $3,614,832.92. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO W Edward Walter sold 405,943 shares of the firm’s stock in a transaction on Friday, December 16th. The shares were sold at an average price of $18.93, for a total value of $7,684,500.99. Following the completion of the transaction, the chief executive officer now owns 79,420 shares of the company’s stock, valued at approximately $1,503,420.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 724,629 shares of company stock valued at $13,725,013. Company insiders own 1.90% of the company’s stock.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

5 Day Chart for NYSE:HST

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 & Resorts, Inc. (NYSE:HST).

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