Duff & Phelps Investment Management Co. Sells 2,383,184 Shares of Host Hotels & Resorts, Inc. $HST

Duff & Phelps Investment Management Co. significantly reduced its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by selling 2,383,184 shares, leaving them with 296,029 shares valued at $5.038 million. This comes as other institutional investors have made various adjustments to their positions in the company. Host Hotels & Resorts recently declared a quarterly dividend of $0.20 per share, and corporate insider Nathan S. Tyrrell also sold a portion of his shares.