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ING Groep NV Cuts Stock Holdings in Host Hotels & Resorts, Inc. $HST
ING Groep NV significantly reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 83.0% in the third quarter, selling 404,619 shares and leaving them with 82,661 shares valued at $1,407,000. Despite this reduction, other institutional investors increased their holdings, and insider EVP Nathan S. Tyrrell sold 11,954 shares. The company recently declared an annual dividend of $0.15 per share and several analysts have issued positive ratings on the stock.