Mckinley Capital Management LLC Delaware acquired a new stake in Host Hotels & Resorts, Inc. (NYSE:HST) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,450 shares of the real estate investment trust’s stock, valued at approximately $100,000.

A number of other large investors have also recently bought and sold shares of the business. Global X Management Co. LLC boosted its stake in shares of Host Hotels & Resorts by 34.7% in the 1st quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock worth $185,000 after buying an additional 2,556 shares during the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of Host Hotels & Resorts in the second quarter valued at approximately $190,000. Meeder Asset Management Inc. bought a new position in shares of Host Hotels & Resorts in the first quarter valued at approximately $194,000. Quantitative Systematic Strategies LLC bought a new position in shares of Host Hotels & Resorts in the second quarter valued at approximately $196,000. Finally, IBM Retirement Fund grew its holdings in shares of Host Hotels & Resorts by 34.7% in the second quarter. IBM Retirement Fund now owns 11,028 shares of the real estate investment trust’s stock valued at $201,000 after acquiring an additional 2,842 shares in the last quarter.

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A number of analysts recently commented on HST shares. Boenning Scattergood reaffirmed a “buy” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, September 22nd. Robert W. Baird reissued a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Zacks Investment Research raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Tuesday, July 4th. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Barclays PLC restated a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $18.33.

Shares of Host Hotels & Resorts, Inc. (HST) opened at 18.43 on Tuesday. Host Hotels & Resorts, Inc. has a 12-month low of $14.69 and a 12-month high of $20.21. The firm’s 50-day moving average is $18.08 and its 200 day moving average is $18.27. The stock has a market capitalization of $13.64 billion, a P/E ratio of 22.81 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 net margin of 11.09% and a return on equity of 8.47%. The company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter last year, the company posted $0.49 earnings per share. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. On average, equities research analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a yield of 4.34%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

Host Hotels & Resorts Company 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.

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

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