Matthew Goff Investment Advisor LLC bought a new stake in Host Hotels and Resorts Inc (NYSE:HST) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,144 shares of the real estate investment trust’s stock, valued at approximately $434,000.

A number of other large investors have also recently modified their holdings of the business. Carnegie Capital Asset Management LLC increased its stake in Host Hotels and Resorts by 27.1% in the third quarter. Carnegie Capital Asset Management LLC now owns 80,530 shares of the real estate investment trust’s stock valued at $1,561,000 after purchasing an additional 17,154 shares in the last quarter. Vanguard Group Inc. increased its stake in Host Hotels and Resorts by 1.4% in the third quarter. Vanguard Group Inc. now owns 122,326,213 shares of the real estate investment trust’s stock valued at $2,581,083,000 after purchasing an additional 1,747,770 shares in the last quarter. Morgan Stanley increased its stake in Host Hotels and Resorts by 33.1% in the third quarter. Morgan Stanley now owns 13,485,722 shares of the real estate investment trust’s stock valued at $284,549,000 after purchasing an additional 3,350,658 shares in the last quarter. Legal & General Group Plc increased its stake in Host Hotels and Resorts by 3.6% in the third quarter. Legal & General Group Plc now owns 5,978,392 shares of the real estate investment trust’s stock valued at $126,150,000 after purchasing an additional 208,214 shares in the last quarter. Finally, Standard Life Aberdeen plc increased its stake in Host Hotels and Resorts by 2.1% in the third quarter. Standard Life Aberdeen plc now owns 3,534,865 shares of the real estate investment trust’s stock valued at $74,585,000 after purchasing an additional 71,091 shares in the last quarter. 97.85% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have recently issued reports on HST shares. Robert W. Baird increased their price objective on shares of Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Zacks Investment Research downgraded shares of Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Monday, August 13th. Wells Fargo & Co set a $22.00 price objective on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research report on Tuesday, November 13th. Finally, Deutsche Bank set a $23.00 price objective on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research report on Saturday, November 3rd. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $21.93.

HST traded down $0.15 during trading hours on Friday, hitting $18.70. 42,941 shares of the company’s stock were exchanged, compared to its average volume of 4,798,604. Host Hotels and Resorts Inc has a 1-year low of $17.93 and a 1-year high of $22.47. The stock has a market capitalization of $13.89 billion, a price-to-earnings ratio of 11.09, a PEG ratio of 2.13 and a beta of 1.25. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.55.

Host Hotels and Resorts (NYSE:HST) last announced its earnings results on Thursday, November 1st. The real estate investment trust reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.08. Host Hotels and Resorts had a net margin of 15.91% and a return on equity of 12.21%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the company posted $0.33 earnings per share. The firm’s revenue was up 3.6% on a year-over-year basis. As a group, research analysts predict that Host Hotels and Resorts Inc will post 1.76 earnings per share for the current fiscal year.

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Host Hotels and Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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