Host Hotels & Resorts, Inc. (NYSE:HST) Holdings Increased by LSV Asset Management

LSV Asset Management raised its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 90.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,851,400 shares of the real estate investment trust’s stock after purchasing an additional 1,354,500 shares during the quarter. LSV Asset Management owned 0.39% of Host Hotels & Resorts worth $52,095,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Harbour Capital Advisors LLC boosted its holdings in Host Hotels & Resorts by 1,727.0% in the second 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 in the last quarter. Muzinich & Co. Inc. bought a new stake in Host Hotels & Resorts during the first quarter valued at about $127,000. Global X Management Co. LLC boosted its holdings 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 valued at $185,000 after acquiring an additional 2,556 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in Host Hotels & Resorts during the second quarter valued at about $190,000. Finally, Meeder Asset Management Inc. bought a new stake in Host Hotels & Resorts during the first quarter valued at about $194,000.

In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total value of $58,341.69. Following the completion of the transaction, the executive vice president now directly owns 43,035 shares in the company, valued at approximately $818,095.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.70% of the company’s stock.

WARNING: “Host Hotels & Resorts, Inc. (NYSE:HST) Holdings Increased by LSV Asset Management” was originally posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright law. The original version of this piece of content can be read at https://ledgergazette.com/2017/09/17/lsv-asset-management-buys-1354500-shares-of-host-hotels-resorts-inc-hst.html.

Several research analysts recently issued reports on HST shares. Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research report on Wednesday, June 7th. Zacks Investment Research lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Boenning Scattergood raised shares of Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Thursday, August 24th. BidaskClub lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Barclays PLC reissued 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 given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $18.33.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) opened at 18.25 on Friday. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 22.59 and a beta of 1.33. The company’s 50 day moving average is $18.08 and its 200-day moving average is $18.25. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21.

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, topping the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.43 billion. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 EPS. Equities analysts expect that Host Hotels & Resorts, Inc. will post $0.78 EPS for the current year.

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)

Receive News & Ratings for Host Hotels & Resorts Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply