Green Street Investors LLC acquired a new position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) during the second quarter, Holdings Channel reports. The institutional investor acquired 391,700 shares of the real estate investment trust’s stock, valued at approximately $7,156,000. Host Hotels & Resorts comprises 4.6% of Green Street Investors LLC’s portfolio, making the stock its 7th largest position.

Several other large investors have also modified their holdings of HST. Vanguard Group Inc. increased its stake in shares of Host Hotels & Resorts by 2.1% in the first quarter. Vanguard Group Inc. now owns 130,271,850 shares of the real estate investment trust’s stock worth $2,430,872,000 after buying an additional 2,703,678 shares during the last quarter. BlackRock Inc. increased its stake in shares of Host Hotels & Resorts by 2,288.8% in the first quarter. BlackRock Inc. now owns 73,468,578 shares of the real estate investment trust’s stock worth $1,370,925,000 after buying an additional 70,393,061 shares during the last quarter. State Street Corp increased its stake in shares of Host Hotels & Resorts by 2.8% in the first quarter. State Street Corp now owns 45,819,298 shares of the real estate investment trust’s stock worth $854,991,000 after buying an additional 1,259,363 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Host Hotels & Resorts by 10.8% in the first quarter. Daiwa Securities Group Inc. now owns 22,053,711 shares of the real estate investment trust’s stock worth $411,522,000 after buying an additional 2,149,679 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Host Hotels & Resorts by 8.0% in the first quarter. Bank of New York Mellon Corp now owns 18,387,842 shares of the real estate investment trust’s stock worth $343,118,000 after buying an additional 1,358,732 shares during the last quarter.

Host Hotels & Resorts, Inc. (HST) opened at 17.92 on Tuesday. The firm’s 50 day moving average is $18.37 and its 200 day moving average is $18.30. Host Hotels & Resorts, Inc. has a 12-month low of $14.69 and a 12-month high of $20.21. The company has a market cap of $13.26 billion, a P/E ratio of 22.18 and a beta of 1.33.

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

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were given a $0.20 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.44%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

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HST has been the subject of several recent analyst reports. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 7th. Zacks Investment Research downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Monday, July 31st. BidaskClub downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Friday. Barclays PLC reaffirmed a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Boenning Scattergood reaffirmed a “neutral” rating on shares of Host Hotels & Resorts in a report on Tuesday, April 18th. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the company. Host Hotels & Resorts presently 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 shares were sold at an average price of $19.01, for a total value of $58,341.69. Following the sale, the executive vice president now owns 43,035 shares in the company, valued at $818,095.35. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.70% of the stock is owned by company insiders.

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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