Thrivent Financial For Lutherans Has $56.33 Million Holdings in Host Hotels & Resorts, Inc. (HST)

Thrivent Financial For Lutherans boosted its holdings in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 1.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,083,293 shares of the real estate investment trust’s stock after purchasing an additional 46,320 shares during the period. Thrivent Financial For Lutherans owned about 0.42% of Host Hotels & Resorts worth $56,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in HST. Muzinich & Co. Inc. bought a new position in Host Hotels & Resorts during the first quarter worth about $127,000. Global X Management Co. LLC lifted its stake in Host Hotels & Resorts by 34.7% during the first quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock worth $185,000 after purchasing an additional 2,556 shares during the period. Cambridge Investment Research Advisors Inc. bought a new position in Host Hotels & Resorts during the second quarter worth about $190,000. Meeder Asset Management Inc. bought a new position in Host Hotels & Resorts during the first quarter worth about $194,000. Finally, Quantitative Systematic Strategies LLC bought a new position in Host Hotels & Resorts during the second quarter worth about $196,000.

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In other news, EVP Joanne G. Hamilton sold 3,069 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The shares were sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the sale, the executive vice president now owns 43,035 shares of the company’s stock, valued at approximately $818,095.35. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.70% of the company’s stock.

Host Hotels & Resorts, Inc. (NYSE HST) traded down 0.11% during mid-day trading on Friday, hitting $18.25. 6,363,655 shares of the stock traded hands. The firm has a market cap of $13.51 billion, a P/E ratio of 22.59 and a beta of 1.33. The firm’s 50-day moving average price is $18.08 and its 200-day moving average price is $18.25. Host Hotels & Resorts, Inc. has a 52 week low of $14.69 and a 52 week high of $20.21.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. The company had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the firm posted $0.49 EPS. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. On average, equities analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current fiscal year.

A number of research analysts have commented on the stock. BidaskClub cut shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research cut shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood restated a “hold” rating on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Robert W. Baird restated a “buy” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, September 8th. Finally, Barclays PLC restated a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $18.33.

About Host Hotels & Resorts

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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