Granite Investment Partners LLC decreased its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 124,570 shares of the real estate investment trust’s stock after selling 100 shares during the period. Granite Investment Partners LLC’s holdings in Host Hotels & Resorts were worth $2,276,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. raised its position in shares of Host Hotels & Resorts by 8.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 6,429,358 shares of the real estate investment trust’s stock worth $117,465,000 after buying an additional 506,190 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of Host Hotels & Resorts by 10.0% in the second quarter. Canada Pension Plan Investment Board now owns 1,277,422 shares of the real estate investment trust’s stock worth $23,338,000 after buying an additional 115,700 shares in the last quarter. Global X Management Co. LLC raised its position in shares of Host Hotels & Resorts by 56.7% in the second quarter. Global X Management Co. LLC now owns 15,558 shares of the real estate investment trust’s stock worth $284,000 after buying an additional 5,627 shares in the last quarter. Baker Ellis Asset Management LLC raised its position in shares of Host Hotels & Resorts by 9.4% in the second quarter. Baker Ellis Asset Management LLC now owns 75,815 shares of the real estate investment trust’s stock worth $1,385,000 after buying an additional 6,500 shares in the last quarter. Finally, Retirement Systems of Alabama raised its position in shares of Host Hotels & Resorts by 0.4% in the second quarter. Retirement Systems of Alabama now owns 358,667 shares of the real estate investment trust’s stock worth $6,553,000 after buying an additional 1,326 shares in the last quarter.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) opened at 17.85 on Friday. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The company’s 50-day moving average price is $18.39 and its 200 day moving average price is $18.31. The stock has a market capitalization of $13.21 billion, a PE ratio of 22.09 and a beta of 1.33.

Host Hotels & Resorts (NYSE:HST) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the firm posted $0.49 earnings per share. The business’s revenue was down 1.2% compared to the same quarter last year. Analysts anticipate that Host Hotels & Resorts, Inc. will post $0.79 EPS for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were issued a $0.20 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.48%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

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A number of equities analysts have weighed in on the company. BidaskClub lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday. Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood restated a “hold” rating on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Barclays PLC restated a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $18.44.

In other news, EVP Joanne G. Hamilton sold 3,069 shares of Host Hotels & Resorts stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total value of $58,341.69. Following the sale, the executive vice president now directly owns 43,035 shares of the company’s stock, valued at $818,095.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.70% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NYSE:HST)

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