Host Hotels and Resorts Inc (NYSE:HST) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC decreased its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 60.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,267 shares of the real estate investment trust’s stock after selling 341,690 shares during the quarter. Janus Henderson Group PLC’s holdings in Host Hotels and Resorts were worth $4,220,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Cornerstone Capital Management Holdings LLC. boosted its holdings in Host Hotels and Resorts by 4.2% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 2,260,137 shares of the real estate investment trust’s stock worth $41,788,000 after buying an additional 91,905 shares in the last quarter. Chevy Chase Trust Holdings Inc. lifted its holdings in Host Hotels and Resorts by 1.4% during the third quarter. Chevy Chase Trust Holdings Inc. now owns 652,007 shares of the real estate investment trust’s stock valued at $12,056,000 after purchasing an additional 8,877 shares in the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Host Hotels and Resorts by 3.2% in the third quarter. Asset Management One Co. Ltd. now owns 2,851,138 shares of the real estate investment trust’s stock worth $52,717,000 after buying an additional 87,333 shares in the last quarter. Peddock Capital Advisors LLC lifted its stake in shares of Host Hotels and Resorts by 9.0% in the third quarter. Peddock Capital Advisors LLC now owns 40,386 shares of the real estate investment trust’s stock worth $747,000 after buying an additional 3,319 shares in the last quarter. Finally, AMP Capital Investors Ltd lifted its stake in shares of Host Hotels and Resorts by 58.2% in the third quarter. AMP Capital Investors Ltd now owns 693,601 shares of the real estate investment trust’s stock worth $12,825,000 after buying an additional 255,100 shares in the last quarter.

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

Host Hotels and Resorts Inc (NYSE:HST) opened at $20.36 on Friday. 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 cap of $15,120.00, a price-to-earnings 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.

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

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

Several equities analysts have recently weighed in on the stock. Raymond James Financial raised shares of Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 price target on the stock in a research note on Monday, January 8th. SunTrust Banks restated a “hold” rating 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 price target on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and set a $20.50 price target on shares of Host Hotels and Resorts in a research report on Friday, November 3rd. Finally, Boenning Scattergood reiterated a “buy” rating and set a $20.00 price target on shares of Host Hotels and Resorts in a research report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, eight have given a hold rating and eight have issued a buy rating to the stock. Host Hotels and Resorts has a consensus rating of “Hold” and a consensus price target of $20.46.

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Host Hotels and Resorts 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.

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

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