Eii Capital Management Inc. lessened its holdings in Host Hotels and Resorts Inc (NYSE:HST) by 47.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 144,219 shares of the real estate investment trust’s stock after selling 129,681 shares during the quarter. Eii Capital Management Inc.’s holdings in Host Hotels and Resorts were worth $2,667,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of HST. Vanguard Group Inc. raised its stake in shares of Host Hotels and Resorts by 0.6% in the second quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock worth $2,395,467,000 after purchasing an additional 842,905 shares during the last quarter. BlackRock Inc. raised its stake in shares of Host Hotels and Resorts by 3.7% in the second quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock worth $1,391,737,000 after purchasing an additional 2,707,618 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Host Hotels and Resorts by 0.8% in the second quarter. Franklin Resources Inc. now owns 35,900,705 shares of the real estate investment trust’s stock worth $655,906,000 after purchasing an additional 280,260 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Host Hotels and Resorts by 12.1% in the third quarter. Bank of New York Mellon Corp now owns 19,409,238 shares of the real estate investment trust’s stock worth $358,876,000 after purchasing an additional 2,094,813 shares during the last quarter. Finally, Northern Trust Corp raised its stake in shares of Host Hotels and Resorts by 2.5% in the second quarter. Northern Trust Corp now owns 12,678,085 shares of the real estate investment trust’s stock worth $231,628,000 after purchasing an additional 309,518 shares during the last quarter.

Several research analysts recently weighed in on HST shares. Robert W. Baird reiterated a “buy” rating and set a $20.00 price target on shares of Host Hotels and Resorts in a research report on Thursday, October 12th. Stifel Nicolaus reiterated a “buy” rating and set a $19.00 price target on shares of Host Hotels and Resorts in a research report on Tuesday, October 17th. Boenning Scattergood reiterated a “buy” rating and set a $20.00 price target on shares of Host Hotels and Resorts in a research report on Friday, September 22nd. Wells Fargo & Company upgraded Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a research report on Monday, November 6th. Finally, Wolfe Research started coverage on Host Hotels and Resorts in a research report on Wednesday, November 29th. They set a “market perform” rating for the company. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.19.

Shares of Host Hotels and Resorts Inc (HST) traded up $0.02 during trading hours on Wednesday, hitting $19.85. The stock had a trading volume of 7,561,200 shares, compared to its average volume of 7,221,197. The company has a debt-to-equity ratio of 0.56, a current ratio of 3.62 and a quick ratio of 3.62. The firm has a market capitalization of $14,675.95, a price-to-earnings ratio of 11.87, a PEG ratio of 2.39 and a beta of 1.28. Host Hotels and Resorts Inc has a 12-month low of $17.26 and a 12-month high of $20.23.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.33. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The business’s revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 earnings per share. analysts forecast that Host Hotels and Resorts Inc will post 1.66 earnings per share for the current year.

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Host Hotels and Resorts Profile

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.

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

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