Pacad Investment Ltd. bought a new stake in Host Hotels & Resorts, Inc. (NYSE:HST) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 67,658 shares of the real estate investment trust’s stock, valued at approximately $1,236,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Motco increased its stake in Host Hotels & Resorts by 0.6% in the second quarter. Motco now owns 11,969 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 71 shares during the period. Cleararc Capital Inc. boosted its position in shares of Host Hotels & Resorts by 0.6% in the first quarter. Cleararc Capital Inc. now owns 18,081 shares of the real estate investment trust’s stock valued at $337,000 after buying an additional 103 shares in the last quarter. Creative Planning boosted its position in shares of Host Hotels & Resorts by 1.8% in the first quarter. Creative Planning now owns 7,854 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 136 shares in the last quarter. Keybank National Association OH boosted its position in shares of Host Hotels & Resorts by 0.4% in the first quarter. Keybank National Association OH now owns 80,171 shares of the real estate investment trust’s stock valued at $1,496,000 after buying an additional 297 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co boosted its position in shares of Host Hotels & Resorts by 1.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 24,370 shares of the real estate investment trust’s stock valued at $455,000 after buying an additional 400 shares in the last quarter.

Shares of Host Hotels & Resorts, Inc. (HST) opened at 18.14 on Friday. The company has a market cap of $13.42 billion, a price-to-earnings ratio of 22.45 and a beta of 1.33. The firm has a 50 day moving average price of $18.12 and a 200-day moving average price of $18.26. Host Hotels & Resorts, Inc. has a 52-week low of $14.69 and a 52-week high of $20.21.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion for 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 company’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. Equities research analysts anticipate that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current year.

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Several equities analysts have weighed in on HST shares. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Zacks Investment Research raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a report on Tuesday, July 4th. Royal Bank Of Canada reissued a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Wednesday, June 7th. Barclays PLC reissued a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Boenning Scattergood reissued a “hold” rating on shares of Host Hotels & Resorts in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the stock. Host Hotels & Resorts presently has a consensus rating of “Hold” and an average price target of $18.19.

In other news, EVP Joanne G. Hamilton sold 3,069 shares of Host Hotels & Resorts 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 owns 43,035 shares in the company, valued at $818,095.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.70% of the stock is currently owned by insiders.

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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