Mitsubishi UFJ Trust & Banking Corp Trims Position in Host Hotels and Resorts Inc (HST)

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in shares of Host Hotels and Resorts Inc (NYSE:HST) by 5.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,988,945 shares of the real estate investment trust’s stock after selling 123,535 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.27% of Host Hotels and Resorts worth $36,776,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of HST. Harbour Capital Advisors LLC boosted its stake in Host Hotels and Resorts by 1,727.0% in the 2nd quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock worth $204,000 after purchasing an additional 3,523 shares during the period. Stratos Wealth Partners LTD. boosted its stake in Host Hotels and Resorts by 3.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 14,974 shares of the real estate investment trust’s stock worth $274,000 after purchasing an additional 443 shares during the period. Candriam Luxembourg S.C.A. boosted its stake in shares of Host Hotels and Resorts by 421.6% during the 2nd quarter. Candriam Luxembourg S.C.A. now owns 376,399 shares of the real estate investment trust’s stock valued at $6,877,000 after buying an additional 304,235 shares during the period. Korea Investment CORP boosted its stake in shares of Host Hotels and Resorts by 4.4% during the 2nd quarter. Korea Investment CORP now owns 714,269 shares of the real estate investment trust’s stock valued at $13,050,000 after buying an additional 30,421 shares during the period. Finally, ARP Americas LLC boosted its stake in shares of Host Hotels and Resorts by 120.3% during the 2nd quarter. ARP Americas LLC now owns 30,400 shares of the real estate investment trust’s stock valued at $555,000 after buying an additional 16,600 shares during the period.

A number of brokerages have issued reports on HST. BTIG Research raised shares of Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Monday. Robert W. Baird set a $21.00 target price on shares of Host Hotels and Resorts and gave the company a “buy” rating in a research note on Friday. Wolfe Research began coverage on shares of Host Hotels and Resorts in a research note on Wednesday, November 29th. They set a “market perform” rating for the company. Zacks Investment Research raised shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $21.00 price target on shares of Host Hotels and Resorts in a report on Monday, November 6th. One analyst has rated the stock with a sell rating, eleven have given a hold rating and seven have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $20.19.

Host Hotels and Resorts Inc (HST) traded down $0.28 during trading on Monday, hitting $19.51. 6,374,100 shares of the stock were exchanged, compared to its average volume of 7,274,633. The company has a market cap of $14,439.12, a P/E ratio of 11.68, a P/E/G ratio of 2.35 and a beta of 1.28. The company has a quick ratio of 3.62, a current ratio of 3.62 and a debt-to-equity ratio of 0.56. Host Hotels and Resorts Inc has a fifty-two week low of $17.26 and a fifty-two week high of $20.23.

Host Hotels and Resorts (NYSE:HST) last released its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.33. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.27 billion. Host Hotels and Resorts had a net margin of 11.11% and a return on equity of 8.44%. Host Hotels and Resorts’s revenue for the quarter was down 3.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. equities research analysts anticipate that Host Hotels and Resorts Inc will post 1.66 EPS for the current year.

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Host Hotels and 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 and Resorts (NYSE:HST)

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