Host Hotels and Resorts Inc (HST) EVP Sold $278,385.50 in Shares

Host Hotels and Resorts Inc (HST) EVP Sold $278,385.50 in Shares

Host Hotels and Resorts Inc (NYSE:HST) EVP Joanne G. Hamilton sold 15,254 shares of the company’s stock in a transaction that occurred on Wednesday, March 15th. The stock was sold at an average price of $18.25, for a total value of $278,385.50. Following the transaction, the executive vice president now directly owns 61,358 shares of the company’s stock, valued at $1,119,783.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of Host Hotels and Resorts Inc (NYSE:HST) opened at 18.38 on Tuesday. The firm has a 50-day moving average price of $18.23 and a 200 day moving average price of $17.34. The stock has a market capitalization of $13.59 billion, a PE ratio of 18.02 and a beta of 1.30. Host Hotels and Resorts Inc has a one year low of $14.30 and a one year high of $20.21.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, February 22nd. The company reported $0.17 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.03. The business earned $1.34 billion during the quarter, compared to the consensus estimate of $1.31 billion. Host Hotels and Resorts had a net margin of 14.72% and a return on equity of 11.22%. The firm’s revenue was up .8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS. On average, equities analysts expect that Host Hotels and Resorts Inc will post $0.67 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Investors of record on Friday, March 31st will be paid a $0.20 dividend. 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 payout ratio is 74.77%.

Several brokerages recently commented on HST. Zacks Investment Research upgraded Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, December 15th. Canaccord Genuity reiterated a “hold” rating and set a $20.00 price target (up from $17.00) on shares of Host Hotels and Resorts in a research report on Friday, December 23rd. Evercore ISI cut Host Hotels and Resorts from a “hold” rating to an “underperform” rating in a research report on Friday, March 3rd. Royal Bank of Canada reiterated a “hold” rating and set a $20.00 price target on shares of Host Hotels and Resorts in a research report on Friday, February 24th. Finally, Barclays PLC set a $19.00 price target on Host Hotels and Resorts and gave the stock a “hold” rating in a research report on Tuesday, February 14th. 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 stock. Host Hotels and Resorts presently has an average rating of “Hold” and a consensus target price of $17.73.

Institutional investors have recently modified their holdings of the stock. Creative Planning increased its position in shares of Host Hotels and Resorts by 16.9% in the third quarter. Creative Planning now owns 7,775 shares of the company’s stock valued at $121,000 after buying an additional 1,124 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of Host Hotels and Resorts by 60.0% in the third quarter. Penserra Capital Management LLC now owns 7,817 shares of the company’s stock valued at $121,000 after buying an additional 2,932 shares during the last quarter. Two Sigma Securities LLC bought a new position in shares of Host Hotels and Resorts during the third quarter valued at approximately $158,000. Crow Point Partners LLC bought a new position in shares of Host Hotels and Resorts during the third quarter valued at approximately $174,000. Finally, Motco bought a new position in shares of Host Hotels and Resorts during the third quarter valued at approximately $176,000.

Host Hotels and Resorts Company Profile

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).

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