Host Hotels and Resorts Inc (HST) Shares Sold by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC cut its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 4.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 73,175 shares of the real estate investment trust’s stock after selling 3,140 shares during the period. Baker Ellis Asset Management LLC’s holdings in Host Hotels and Resorts were worth $1,453,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in Host Hotels and Resorts by 12.1% during the 3rd quarter. Bank of New York Mellon Corp now owns 19,409,238 shares of the real estate investment trust’s stock worth $358,876,000 after purchasing an additional 2,094,813 shares during the period. Dimensional Fund Advisors LP boosted its position in Host Hotels and Resorts by 1.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 10,641,831 shares of the real estate investment trust’s stock valued at $196,767,000 after buying an additional 191,580 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its position in Host Hotels and Resorts by 5.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 7,237,669 shares of the real estate investment trust’s stock valued at $143,668,000 after buying an additional 362,582 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Host Hotels and Resorts by 6.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,105,996 shares of the real estate investment trust’s stock valued at $131,413,000 after buying an additional 410,063 shares during the last quarter. Finally, Legal & General Group Plc boosted its position in Host Hotels and Resorts by 8.8% in the 3rd quarter. Legal & General Group Plc now owns 5,878,263 shares of the real estate investment trust’s stock valued at $108,690,000 after buying an additional 473,713 shares during the last quarter.

A number of equities research analysts have recently issued reports on HST shares. Cantor Fitzgerald restated a “buy” rating and issued a $21.00 target price on shares of Host Hotels and Resorts in a research note on Monday, November 6th. BTIG Research upgraded shares of Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research note on Monday, December 4th. Robert W. Baird set a $21.00 target price on shares of Host Hotels and Resorts and gave the company a “buy” rating in a research note on Friday, December 1st. Stifel Nicolaus reiterated a “buy” rating and set a $20.50 price objective on shares of Host Hotels and Resorts in a research note on Friday, November 3rd. Finally, Boenning Scattergood reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and eight have assigned a buy rating to the stock. Host Hotels and Resorts presently has an average rating of “Hold” and an average price target of $20.63.

In related news, EVP Elizabeth A. Abdoo sold 60,000 shares of the firm’s stock in a transaction that occurred 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.70% of the company’s stock.

Host Hotels and Resorts Inc (NYSE HST) traded down $0.22 during trading on Wednesday, hitting $19.30. 2,140,994 shares of the stock traded hands, compared to its average volume of 6,449,453. The company has a market capitalization of $14,450.00, a PE ratio of 24.10, a PEG ratio of 2.36 and a beta of 1.25. Host Hotels and Resorts Inc has a twelve month low of $17.26 and a twelve month high of $21.53. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.56.

The firm also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Friday, December 29th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend was Thursday, December 28th. Host Hotels and Resorts’s payout ratio is 98.77%.

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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.

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

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