Cadence Bank NA Has $1.22 Million Stake in Host Hotels & Resorts, Inc. (HST)

Cadence Bank NA lifted its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 5.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,824 shares of the real estate investment trust’s stock after purchasing an additional 3,307 shares during the quarter. Cadence Bank NA’s holdings in Host Hotels & Resorts were worth $1,217,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. grew its stake in Host Hotels & Resorts by 96.6% in the 2nd quarter. Principal Financial Group Inc. now owns 9,642,232 shares of the real estate investment trust’s stock valued at $176,164,000 after acquiring an additional 4,738,572 shares during the period. BlackRock Inc. grew its stake in Host Hotels & Resorts by 3.7% in the 2nd quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock valued at $1,391,737,000 after acquiring an additional 2,707,618 shares during the period. LSV Asset Management grew its stake in Host Hotels & Resorts by 90.5% in the 2nd quarter. LSV Asset Management now owns 2,851,400 shares of the real estate investment trust’s stock valued at $52,095,000 after acquiring an additional 1,354,500 shares during the period. Ameriprise Financial Inc. grew its stake in Host Hotels & Resorts by 22.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,695,933 shares of the real estate investment trust’s stock valued at $122,358,000 after acquiring an additional 1,242,010 shares during the period. Finally, Parametric Portfolio Associates LLC grew its stake in Host Hotels & Resorts by 60.7% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,743,774 shares of the real estate investment trust’s stock valued at $50,129,000 after acquiring an additional 1,036,180 shares during the period.

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HST has been the topic of a number of research analyst reports. Deutsche Bank AG raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and lifted their price target for the company from $18.00 to $21.00 in a research note on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, September 8th. Zacks Investment Research raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research note on Tuesday, July 4th. Barclays PLC reissued a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Finally, Boenning Scattergood reissued a “buy” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, September 22nd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $19.00.

Host Hotels & Resorts, Inc. (NYSE:HST) traded up 0.93% on Tuesday, hitting $19.48. The stock had a trading volume of 3,886,699 shares. The stock has a market cap of $14.42 billion, a price-to-earnings ratio of 24.11 and a beta of 1.33. The stock’s 50 day moving average is $18.78 and its 200 day moving average is $18.38. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Thursday, September 28th. Host Hotels & Resorts’s payout ratio is currently 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.

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

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