State Treasurer State of Michigan Acquires 300 Shares of Host Hotels & Resorts, Inc. (HST)

State Treasurer State of Michigan boosted its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 0.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 243,100 shares of the real estate investment trust’s stock after buying an additional 300 shares during the period. State Treasurer State of Michigan’s holdings in Host Hotels & Resorts were worth $4,441,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of HST. Kissinger Financial Services LLC increased its position in Host Hotels & Resorts by 5.9% in the second quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock valued at $814,000 after buying an additional 2,490 shares during the last quarter. Canada Pension Plan Investment Board increased its position in Host Hotels & Resorts by 89.7% in the first quarter. Canada Pension Plan Investment Board now owns 1,161,722 shares of the real estate investment trust’s stock valued at $21,678,000 after buying an additional 549,300 shares during the last quarter. Atria Investments LLC increased its position in Host Hotels & Resorts by 4.4% in the first quarter. Atria Investments LLC now owns 109,511 shares of the real estate investment trust’s stock valued at $2,043,000 after buying an additional 4,627 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its position in Host Hotels & Resorts by 508.3% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 120,031 shares of the real estate investment trust’s stock valued at $2,193,000 after buying an additional 100,300 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in Host Hotels & Resorts by 3.1% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,923,168 shares of the real estate investment trust’s stock valued at $110,527,000 after buying an additional 175,838 shares during the last quarter.

Host Hotels & Resorts, Inc. (NYSE:HST) traded down 2.73% during midday trading on Friday, reaching $17.43. The company’s stock had a trading volume of 8,393,075 shares. The company has a market cap of $12.90 billion, a PE ratio of 21.57 and a beta of 1.33. The stock has a 50-day moving average price of $18.27 and a 200 day moving average price of $18.29. Host Hotels & Resorts, Inc. has a 12 month low of $14.69 and a 12 month high of $20.21.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.43 billion. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 EPS. Analysts expect that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current fiscal year.

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Several equities analysts have recently commented on HST shares. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Barclays PLC reaffirmed a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Boenning Scattergood reaffirmed a “hold” rating on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research report on Wednesday, June 7th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating and three have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $18.44.

In other news, EVP Joanne G. Hamilton sold 3,069 shares of the business’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the transaction, the executive vice president now directly owns 43,035 shares in the company, valued at approximately $818,095.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.70% of the stock is owned by insiders.

About Host Hotels & Resorts

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.

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

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