Host Hotels and Resorts Inc (NYSE:HST) CFO Gregory J. Larson sold 23,000 shares of Host Hotels and Resorts stock in a transaction on Friday, March 17th. The stock was sold at an average price of $18.40, for a total transaction of $423,200.00. Following the transaction, the chief financial officer now directly owns 157,163 shares in the company, valued at $2,891,799.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Host Hotels and Resorts Inc (NYSE:HST) traded down 0.33% on Monday, hitting $18.38. 4,021,753 shares of the stock traded hands. Host Hotels and Resorts Inc has a 52 week low of $14.30 and a 52 week high of $20.21. The firm has a market capitalization of $13.59 billion, a PE ratio of 18.02 and a beta of 1.30. The stock has a 50 day moving average of $18.23 and a 200 day moving average of $17.34.

Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Wednesday, February 22nd. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.03. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. Host Hotels and Resorts had a net margin of 14.72% and a return on equity of 11.22%. Host Hotels and Resorts’s revenue was up .8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 earnings per share. Equities research analysts anticipate that Host Hotels and Resorts Inc will post $0.67 earnings per share for the current year.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, April 17th. Investors of record on Friday, March 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.35%. The ex-dividend date of this dividend is Wednesday, March 29th. Host Hotels and Resorts’s dividend payout ratio is presently 74.77%.

Your IP Address:

Hedge funds and other institutional investors have recently modified their holdings of the company. Conning Inc. raised its position in Host Hotels and Resorts by 0.3% in the third quarter. Conning Inc. now owns 21,348 shares of the company’s stock worth $332,000 after buying an additional 60 shares during the period. Kemper Corp Master Retirement Trust raised its position in Host Hotels and Resorts by 0.8% in the third quarter. Kemper Corp Master Retirement Trust now owns 32,745 shares of the company’s stock worth $510,000 after buying an additional 250 shares during the period. Dean Investment Associates LLC raised its position in Host Hotels and Resorts by 1.3% in the third quarter. Dean Investment Associates LLC now owns 32,462 shares of the company’s stock worth $505,000 after buying an additional 414 shares during the period. Wetherby Asset Management Inc. raised its position in Host Hotels and Resorts by 4.0% in the fourth quarter. Wetherby Asset Management Inc. now owns 16,198 shares of the company’s stock worth $305,000 after buying an additional 624 shares during the period. Finally, Raymond James Financial Services Advisors Inc. raised its position in Host Hotels and Resorts by 9.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 11,170 shares of the company’s stock worth $210,000 after buying an additional 945 shares during the period.

A number of equities analysts have recently weighed in on HST shares. Goldman Sachs Group Inc cut shares of Host Hotels and Resorts from a “neutral” rating to a “sell” rating and lifted their price target for the stock from $15.00 to $16.00 in a research report on Thursday, January 19th. Zacks Investment Research raised shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Monday, December 5th. Canaccord Genuity reissued a “hold” rating and set a $17.00 price target on shares of Host Hotels and Resorts in a research report on Thursday, December 15th. Barclays PLC set a $19.00 price target on shares of Host Hotels and Resorts and gave the stock a “hold” rating in a research report on Tuesday, February 14th. Finally, Argus cut shares of Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, December 15th. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and four have given a buy rating to the company’s stock. Host Hotels and Resorts presently has a consensus rating of “Hold” and an average price target of $17.73.

About Host Hotels and Resorts

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

Receive News & Ratings for Host Hotels and Resorts Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts Inc and related companies with MarketBeat.com's FREE daily email newsletter.