Elizabeth A. Abdoo Sells 60,000 Shares of Host Hotels and Resorts Inc (HST) Stock

Host Hotels and Resorts Inc (NYSE:HST) EVP Elizabeth A. Abdoo sold 60,000 shares of the company’s stock in a transaction on 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 sale, the executive vice president now directly owns 168,905 shares in the company, valued at $3,454,107.25. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Host Hotels and Resorts Inc (NYSE HST) traded down $0.08 during mid-day trading on Thursday, hitting $20.57. 8,056,923 shares of the stock were exchanged, compared to its average volume of 6,809,928. Host Hotels and Resorts Inc has a one year low of $17.26 and a one year high of $20.82. The company has a market capitalization of $15,220.00, a price-to-earnings ratio of 25.40, a P/E/G ratio of 2.42 and a beta of 1.29. 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 announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, meeting the 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 during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the business posted $0.37 earnings per share. Host Hotels and Resorts’s revenue for the quarter was down 3.2% on a year-over-year basis. analysts anticipate that Host Hotels and Resorts Inc will post 1.66 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 15th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend is Thursday, December 28th. Host Hotels and Resorts’s dividend payout ratio (DPR) is presently 98.77%.

Several hedge funds have recently bought and sold shares of HST. Global X Management Co. LLC raised its stake in shares of Host Hotels and Resorts by 56.7% during the second quarter. Global X Management Co. LLC now owns 15,558 shares of the real estate investment trust’s stock worth $284,000 after acquiring an additional 5,627 shares in the last quarter. DekaBank Deutsche Girozentrale increased its stake in shares of Host Hotels and Resorts by 14.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 66,995 shares of the real estate investment trust’s stock worth $1,287,000 after buying an additional 8,694 shares during the period. Advisors Asset Management Inc. increased its stake in shares of Host Hotels and Resorts by 22.2% in the second quarter. Advisors Asset Management Inc. now owns 148,863 shares of the real estate investment trust’s stock worth $2,720,000 after buying an additional 27,016 shares during the period. State of Wisconsin Investment Board increased its stake in shares of Host Hotels and Resorts by 21.3% in the second quarter. State of Wisconsin Investment Board now owns 892,561 shares of the real estate investment trust’s stock worth $16,307,000 after buying an additional 156,680 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of Host Hotels and Resorts by 3.3% in the second quarter. Legal & General Group Plc now owns 5,404,550 shares of the real estate investment trust’s stock worth $98,743,000 after buying an additional 171,396 shares during the period.

Several research analysts have weighed in on the stock. Wolfe Research assumed coverage on shares of Host Hotels and Resorts in a report on Wednesday, November 29th. They set a “market perform” rating on the stock. Stifel Nicolaus reiterated a “buy” rating and issued a $20.50 target price on shares of Host Hotels and Resorts in a report on Friday, November 3rd. Zacks Investment Research downgraded shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a report on Tuesday, October 31st. Raymond James Financial upgraded shares of Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a report on Monday. Finally, Boenning Scattergood restated a “buy” rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a report on Friday, November 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the company. Host Hotels and Resorts currently has a consensus rating of “Hold” and a consensus target price of $20.35.

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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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