Shell Asset Management Co. continued to hold its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) during the second quarter, Holdings Channel reports. The fund owned 47,976 shares of the real estate investment trust’s stock at the end of the second quarter. Shell Asset Management Co.’s holdings in Host Hotels & Resorts were worth $877,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Kissinger Financial Services LLC raised its stake in shares of Host Hotels & Resorts by 5.9% in the second quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock worth $814,000 after buying an additional 2,490 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in shares of Host Hotels & Resorts by 89.7% in the first quarter. Canada Pension Plan Investment Board now owns 1,161,722 shares of the real estate investment trust’s stock worth $21,678,000 after buying an additional 549,300 shares during the last quarter. Atria Investments LLC raised its stake in shares of Host Hotels & Resorts by 4.4% in the first quarter. Atria Investments LLC now owns 109,511 shares of the real estate investment trust’s stock worth $2,043,000 after buying an additional 4,627 shares during the last quarter. Swiss National Bank raised its stake in shares of Host Hotels & Resorts by 26.6% in the first quarter. Swiss National Bank now owns 2,621,569 shares of the real estate investment trust’s stock worth $48,918,000 after buying an additional 550,600 shares during the last quarter. Finally, British Columbia Investment Management Corp raised its stake in shares of Host Hotels & Resorts by 4.9% in the first quarter. British Columbia Investment Management Corp now owns 355,379 shares of the real estate investment trust’s stock worth $6,631,000 after buying an additional 16,670 shares during the last quarter.

Host Hotels & Resorts, Inc. (HST) opened at 17.97 on Thursday. Host Hotels & Resorts, Inc. has a 12-month low of $14.69 and a 12-month high of $20.21. The stock has a 50 day moving average price of $18.43 and a 200-day moving average price of $18.32. The stock has a market capitalization of $13.30 billion, a P/E ratio of 22.24 and a beta of 1.33.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.03. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post $0.79 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were paid a dividend of $0.20 per share. The ex-dividend date was Wednesday, June 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.45%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

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A number of analysts have issued reports on HST shares. Boenning Scattergood reissued a “neutral” rating on shares of Host Hotels & Resorts in a research note on Tuesday, April 18th. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research note on Wednesday, June 21st. Barclays PLC reissued a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. Finally, Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and four have assigned a buy rating to the company. Host Hotels & Resorts has a consensus rating of “Hold” and a consensus price target of $18.44.

In related news, Director Walter C. Rakowich sold 2,828 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was sold at an average price of $17.59, for a total transaction of $49,744.52. Following the completion of the transaction, the director now owns 23,584 shares of the company’s stock, valued at approximately $414,842.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Joanne G. Hamilton sold 3,069 shares of the business’s 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 transaction, the executive vice president now directly owns 43,035 shares of the company’s stock, valued at approximately $818,095.35. The disclosure for this sale can be found here. Corporate 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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