Vident Investment Advisory LLC increased its position in shares of Host Hotels and Resorts Inc (NYSE:HST) by 13.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 105,472 shares of the real estate investment trust’s stock after buying an additional 12,258 shares during the period. Vident Investment Advisory LLC’s holdings in Host Hotels and Resorts were worth $2,223,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Lee Financial Co purchased a new position in shares of Host Hotels and Resorts during the first quarter valued at $120,000. NuWave Investment Management LLC purchased a new position in shares of Host Hotels and Resorts during the second quarter valued at $169,000. Newman Dignan & Sheerar Inc. purchased a new position in shares of Host Hotels and Resorts during the second quarter valued at $202,000. Park Avenue Securities LLC purchased a new position in shares of Host Hotels and Resorts during the second quarter valued at $214,000. Finally, Lourd Capital LLC purchased a new position in shares of Host Hotels and Resorts during the second quarter valued at $274,000. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Shares of NYSE HST opened at $21.57 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 3.33 and a quick ratio of 3.33. The stock has a market capitalization of $15.83 billion, a price-to-earnings ratio of 12.41, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24. Host Hotels and Resorts Inc has a fifty-two week low of $17.93 and a fifty-two week high of $22.47.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.23). The business had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.49 billion. Host Hotels and Resorts had a return on equity of 9.27% and a net margin of 12.05%. equities analysts anticipate that Host Hotels and Resorts Inc will post 1.75 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, October 15th. Shareholders of record on Friday, September 28th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.71%. Host Hotels and Resorts’s dividend payout ratio is presently 47.34%.

HST has been the topic of several analyst reports. Goldman Sachs Group lowered Host Hotels and Resorts from a “neutral” rating to a “sell” rating and set a $20.00 target price on the stock. in a research note on Sunday, June 10th. Zacks Investment Research lowered Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. Barclays lifted their target price on Host Hotels and Resorts from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Friday, June 1st. Jefferies Financial Group initiated coverage on Host Hotels and Resorts in a research note on Thursday, May 31st. They issued a “hold” rating and a $22.00 target price on the stock. Finally, Citigroup lifted their target price on Host Hotels and Resorts from $21.00 to $24.00 and gave the company a “buy” rating in a research note on Thursday, June 14th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $21.87.

Host Hotels and Resorts Company 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 89 properties in the United States and six properties internationally totaling approximately 52,500 rooms.

Recommended Story: What is Compound Annual Growth Rate (CAGR)?

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels and Resorts Inc (NYSE:HST).

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

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.