Host Hotels and Resorts Inc (HST) Shares Bought by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its position in Host Hotels and Resorts Inc (NYSE:HST) by 85.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 211,675 shares of the real estate investment trust’s stock after purchasing an additional 97,400 shares during the quarter. Connor Clark & Lunn Investment Management Ltd.’s holdings in Host Hotels and Resorts were worth $4,466,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. San Francisco Sentry Investment Group CA grew its holdings in Host Hotels and Resorts by 2,290.9% during the third quarter. San Francisco Sentry Investment Group CA now owns 6,575 shares of the real estate investment trust’s stock worth $139,000 after acquiring an additional 6,300 shares during the period. SRS Capital Advisors Inc. acquired a new stake in Host Hotels and Resorts during the third quarter worth about $246,000. Hexavest Inc. grew its holdings in Host Hotels and Resorts by 26.6% during the third quarter. Hexavest Inc. now owns 12,754 shares of the real estate investment trust’s stock worth $269,000 after acquiring an additional 2,677 shares during the period. Bank of The Ozarks acquired a new stake in Host Hotels and Resorts during the second quarter worth about $285,000. Finally, Cadence Bank NA grew its holdings in Host Hotels and Resorts by 60.1% during the third quarter. Cadence Bank NA now owns 15,382 shares of the real estate investment trust’s stock worth $325,000 after acquiring an additional 5,772 shares during the period. Hedge funds and other institutional investors own 97.85% of the company’s stock.

Shares of HST opened at $19.35 on Tuesday. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.55. Host Hotels and Resorts Inc has a 12 month low of $17.93 and a 12 month high of $22.47. The company has a market capitalization of $14.10 billion, a price-to-earnings ratio of 10.80, a price-to-earnings-growth ratio of 2.17 and a beta of 1.25.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.43 EPS for the quarter, beating the consensus estimate of $0.35 by $0.08. Host Hotels and Resorts had a return on equity of 12.21% and a net margin of 15.91%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same period last year, the company earned $0.33 earnings per share. Host Hotels and Resorts’s quarterly revenue was up 3.6% compared to the same quarter last year. Research analysts anticipate that Host Hotels and Resorts Inc will post 1.76 earnings per share for the current year.

Several analysts recently commented on the company. Robert W. Baird raised their target price on Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, August 9th. Zacks Investment Research lowered Host Hotels and Resorts from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Wells Fargo & Co set a $22.00 price objective on Host Hotels and Resorts and gave the company a “buy” rating in a report on Tuesday, November 13th. Finally, Deutsche Bank set a $23.00 price objective on Host Hotels and Resorts and gave the company a “buy” rating in a report on Saturday, November 3rd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $21.93.

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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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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