Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Sold by Bokf Na

Posted by Defense World Staff on Jun 12th, 2023

Bokf Na reduced its position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) by 3.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,209 shares of the company’s stock after selling 1,220 shares during the period. Bokf Na’s holdings in Host Hotels & Resorts were worth $501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. CIBC Asset Management Inc lifted its stake in shares of Host Hotels & Resorts by 6.4% in the 4th quarter. CIBC Asset Management Inc now owns 102,590 shares of the company’s stock valued at $1,647,000 after purchasing an additional 6,182 shares during the period. Natixis raised its position in Host Hotels & Resorts by 2,843.6% during the fourth quarter. Natixis now owns 1,295,907 shares of the company’s stock worth $20,798,000 after acquiring an additional 1,251,882 shares during the period. Ossiam raised its position in Host Hotels & Resorts by 162.0% during the fourth quarter. Ossiam now owns 195,126 shares of the company’s stock worth $3,132,000 after acquiring an additional 120,657 shares during the period. AXS Investments LLC acquired a new position in Host Hotels & Resorts during the fourth quarter worth $602,000. Finally, Wells Fargo & Company MN raised its position in Host Hotels & Resorts by 37.4% during the fourth quarter. Wells Fargo & Company MN now owns 761,420 shares of the company’s stock worth $12,221,000 after acquiring an additional 207,417 shares during the period. 97.07% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Down 0.7 %

HST stock traded down $0.12 during mid-day trading on Monday, hitting $17.61. 1,544,860 shares of the company were exchanged, compared to its average volume of 7,021,884. The company has a quick ratio of 5.44, a current ratio of 5.44 and a debt-to-equity ratio of 0.61. The firm has a market capitalization of $12.52 billion, a P/E ratio of 15.70 and a beta of 1.29. The business has a fifty day simple moving average of $16.98 and a 200-day simple moving average of $16.46. Host Hotels & Resorts, Inc. has a 12-month low of $14.51 and a 12-month high of $19.76.

Insiders Place Their Bets

In other news, Director Walter C. Rakowich sold 3,688 shares of the stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $17.47, for a total transaction of $64,429.36. Following the sale, the director now owns 58,616 shares of the company’s stock, valued at $1,024,021.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.14% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Citigroup reduced their price objective on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating for the company in a research report on Friday, March 3rd. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $22.00 target price for the company in a report on Friday, May 5th. Morgan Stanley upped their target price on shares of Host Hotels & Resorts from $18.00 to $19.00 in a report on Friday, May 12th. StockNews.com started coverage on shares of Host Hotels & Resorts in a report on Thursday, May 18th. They set a “hold” rating for the company. Finally, Truist Financial upped their target price on shares of Host Hotels & Resorts from $20.00 to $21.00 in a report on Thursday, June 1st. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $20.86.

Host Hotels & Resorts Company Profile

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Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.