Host Hotels & Resorts, Inc. (HST) Stake Raised by ARP Americas LLC

ARP Americas LLC increased its stake in Host Hotels & Resorts, Inc. (NYSE:HST) by 54.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,900 shares of the real estate investment trust’s stock after buying an additional 16,500 shares during the quarter. ARP Americas LLC’s holdings in Host Hotels & Resorts were worth $867,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of Host Hotels & Resorts by 0.6% in the 2nd quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock valued at $2,395,467,000 after buying an additional 842,905 shares during the last quarter. BlackRock Inc. lifted its holdings in Host Hotels & Resorts by 3.7% during 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 purchasing an additional 2,707,618 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Host Hotels & Resorts by 0.8% during the 2nd quarter. Franklin Resources Inc. now owns 35,900,705 shares of the real estate investment trust’s stock valued at $655,906,000 after purchasing an additional 280,260 shares during the last quarter. PGGM Investments lifted its holdings in Host Hotels & Resorts by 2.4% during the 2nd quarter. PGGM Investments now owns 12,701,000 shares of the real estate investment trust’s stock valued at $232,047,000 after purchasing an additional 301,000 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Host Hotels & Resorts by 2.5% during the 2nd quarter. Northern Trust Corp now owns 12,678,085 shares of the real estate investment trust’s stock valued at $231,628,000 after purchasing an additional 309,518 shares during the last quarter.

Several equities research analysts have issued reports on HST shares. BidaskClub downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Zacks Investment Research downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Friday, July 14th. Boenning Scattergood reaffirmed a “hold” rating on shares of Host Hotels & Resorts in a report on Friday, July 28th. Barclays PLC reaffirmed a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday, September 8th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have issued a buy rating to the stock. Host Hotels & Resorts currently has an average rating of “Hold” and a consensus price target of $19.00.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, meeting analysts’ consensus estimates of $0.33. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm earned $0.37 EPS. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.09%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

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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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