315,252 Shares in Host Hotels & Resorts, Inc. (HST) Purchased by BT Investment Management Ltd

BT Investment Management Ltd acquired a new position in Host Hotels & Resorts, Inc. (NYSE:HST) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 315,252 shares of the real estate investment trust’s stock, valued at approximately $5,760,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of HST. BlackRock Inc. raised its stake in shares of Host Hotels & Resorts by 2,288.8% in the 1st quarter. BlackRock Inc. now owns 73,468,578 shares of the real estate investment trust’s stock worth $1,370,925,000 after buying an additional 70,393,061 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of 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 worth $176,164,000 after buying an additional 4,738,572 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Host Hotels & Resorts by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 130,271,850 shares of the real estate investment trust’s stock worth $2,430,872,000 after buying an additional 2,703,678 shares in the last quarter. Systematic Financial Management LP bought a new stake in shares of Host Hotels & Resorts in the 1st quarter worth $36,899,000. Finally, Point72 Asset Management L.P. bought a new stake in shares of Host Hotels & Resorts in the 1st quarter worth $34,399,000.

In related news, EVP Joanne G. Hamilton sold 3,069 shares of Host Hotels & Resorts stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total value of $58,341.69. Following the sale, the executive vice president now owns 43,035 shares of the company’s stock, valued at $818,095.35. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.70% of the stock is currently owned by insiders.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) traded down 0.11% during midday trading on Friday, hitting $18.25. The stock had a trading volume of 6,363,655 shares. The stock has a 50 day moving average price of $18.08 and a 200-day moving average price of $18.25. Host Hotels & Resorts, Inc. has a 52 week low of $14.69 and a 52 week high of $20.21. The stock has a market capitalization of $13.51 billion, a price-to-earnings ratio of 22.59 and a beta of 1.33.

Host Hotels & Resorts (NYSE:HST) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. Host Hotels & Resorts’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. Equities research analysts anticipate that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

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HST has been the topic of a number of research reports. Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. Zacks Investment Research downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood raised Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 price objective on the stock in a research note on Thursday, August 24th. BidaskClub downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Finally, Barclays PLC reissued a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $18.33.

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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