Point72 Asia Hong Kong Ltd raised its stake in Host Hotels and Resorts Inc (NYSE:HST) by 347.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,844 shares of the real estate investment trust’s stock after acquiring an additional 13,076 shares during the period. Point72 Asia Hong Kong Ltd’s holdings in Host Hotels and Resorts were worth $314,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sun Life Financial INC increased its holdings in Host Hotels and Resorts by 191.2% in the 4th quarter. Sun Life Financial INC now owns 88,512 shares of the real estate investment trust’s stock valued at $1,757,000 after acquiring an additional 58,119 shares during the last quarter. Caxton Associates LP bought a new stake in Host Hotels and Resorts in the 4th quarter valued at $3,474,000. Deutsche Bank AG increased its holdings in Host Hotels and Resorts by 61.8% in the 4th quarter. Deutsche Bank AG now owns 3,754,425 shares of the real estate investment trust’s stock valued at $74,521,000 after acquiring an additional 1,434,525 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Host Hotels and Resorts by 2,214.7% in the 4th quarter. Renaissance Technologies LLC now owns 2,015,265 shares of the real estate investment trust’s stock valued at $40,003,000 after acquiring an additional 1,928,200 shares during the last quarter. Finally, Xact Kapitalforvaltning AB increased its holdings in Host Hotels and Resorts by 19.7% in the 4th quarter. Xact Kapitalforvaltning AB now owns 71,610 shares of the real estate investment trust’s stock valued at $1,421,000 after acquiring an additional 11,772 shares during the last quarter. Institutional investors own 98.68% of the company’s stock.

In related news, Director Walter C. Rakowich sold 2,757 shares of Host Hotels and Resorts stock in a transaction dated Friday, May 18th. The shares were sold at an average price of $20.40, for a total transaction of $56,242.80. Following the completion of the transaction, the director now directly owns 37,232 shares of the company’s stock, valued at approximately $759,532.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Nathan S. Tyrrell sold 5,480 shares of Host Hotels and Resorts stock in a transaction dated Friday, May 25th. The stock was sold at an average price of $21.59, for a total transaction of $118,313.20. Following the transaction, the vice president now directly owns 103,708 shares of the company’s stock, valued at $2,239,055.72. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 63,312 shares of company stock valued at $1,304,804. 1.40% of the stock is owned by corporate insiders.

Host Hotels and Resorts opened at $21.08 on Thursday, Marketbeat Ratings reports. Host Hotels and Resorts Inc has a twelve month low of $17.26 and a twelve month high of $22.47. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.01 and a current ratio of 2.01. The stock has a market capitalization of $15.99 billion, a PE ratio of 12.47, a price-to-earnings-growth ratio of 2.52 and a beta of 1.28.

Host Hotels and Resorts (NYSE:HST) last released its quarterly earnings results on Wednesday, May 2nd. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.06). Host Hotels and Resorts had a return on equity of 9.29% and a net margin of 12.24%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.33 billion. During the same period in the prior year, the firm posted $0.44 earnings per share. Host Hotels and Resorts’s revenue for the quarter was down .1% on a year-over-year basis. equities analysts forecast that Host Hotels and Resorts Inc will post 1.71 earnings per share for the current fiscal year.

A number of analysts have issued reports on HST shares. Zacks Investment Research upgraded shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a report on Wednesday, April 25th. Stifel Nicolaus lifted their price target on shares of Host Hotels and Resorts from $20.50 to $21.00 and gave the company a “buy” rating in a report on Thursday, May 3rd. Cantor Fitzgerald set a $21.00 price target on shares of Host Hotels and Resorts and gave the company a “buy” rating in a report on Friday, February 23rd. Boenning Scattergood restated a “buy” rating on shares of Host Hotels and Resorts in a report on Friday, February 23rd. Finally, Robert W. Baird set a $21.00 target price on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $21.71.

About Host Hotels and Resorts

Host Hotels & Resorts, Inc is an S&P 500 and Fortune 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 87 properties in the United States and six properties internationally totaling approximately 52,000 rooms.

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

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