Host Hotels and Resorts Inc (HST) EVP Sells $1,227,000.00 in Stock

Host Hotels and Resorts Inc (NYSE:HST) EVP Elizabeth A. Abdoo sold 60,000 shares of Host Hotels and Resorts stock in a transaction dated 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 sale, the executive vice president now owns 168,905 shares in the company, valued at approximately $3,454,107.25. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Host Hotels and Resorts Inc (NYSE HST) traded down $0.21 during mid-day trading on Friday, reaching $20.36. The company had a trading volume of 5,165,612 shares, compared to its average volume of 6,627,333. The firm has a market cap of $15,120.00, a PE ratio of 25.14, a PEG ratio of 2.42 and a beta of 1.29. Host Hotels and Resorts Inc has a 1 year low of $17.26 and a 1 year high of $20.82. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.62 and a quick ratio of 3.62.

Host Hotels and Resorts (NYSE:HST) last released its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The firm’s quarterly revenue was down 3.2% on a year-over-year basis. equities research analysts predict that Host Hotels and Resorts Inc will post 1.66 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend is Thursday, December 28th. Host Hotels and Resorts’s payout ratio is 98.77%.

HST has been the topic of a number of research analyst reports. Stifel Nicolaus reiterated a “buy” rating and set a $19.00 target price on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Robert W. Baird reiterated a “buy” rating and set a $20.00 target price on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Deutsche Bank upgraded Host Hotels and Resorts from a “hold” rating to a “buy” rating and boosted their price target for the company from $18.00 to $21.00 in a research report on Thursday, October 12th. Boenning Scattergood restated a “buy” rating and issued a $20.00 price target on shares of Host Hotels and Resorts in a research report on Friday, September 22nd. Finally, Cantor Fitzgerald restated a “buy” rating and issued a $21.00 price target on shares of Host Hotels and Resorts in a research report on Monday, November 6th. One analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $20.46.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Eqis Capital Management Inc. increased its position in Host Hotels and Resorts by 19.7% during the 3rd quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock worth $315,000 after purchasing an additional 2,803 shares during the period. Schwab Charles Investment Management Inc. increased its position in Host Hotels and Resorts by 6.9% during the 3rd quarter. Schwab Charles Investment Management Inc. now owns 6,875,087 shares of the real estate investment trust’s stock worth $127,121,000 after purchasing an additional 445,729 shares during the period. Swiss National Bank increased its position in Host Hotels and Resorts by 3.0% during the 2nd quarter. Swiss National Bank now owns 2,701,069 shares of the real estate investment trust’s stock worth $49,349,000 after purchasing an additional 79,500 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Host Hotels and Resorts by 165.4% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 561,000 shares of the real estate investment trust’s stock worth $10,249,000 after purchasing an additional 349,602 shares during the period. Finally, Evanston Investments Inc. dba Evanston Advisors increased its position in Host Hotels and Resorts by 3.7% during the 2nd quarter. Evanston Investments Inc. dba Evanston Advisors now owns 425,105 shares of the real estate investment trust’s stock worth $7,767,000 after purchasing an additional 15,247 shares during the period.

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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.

Insider Buying and Selling by Quarter for Host Hotels and Resorts (NYSE:HST)

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