Host Hotels & Resorts, Inc. (HST) Shares Sold by State Street Corp

State Street Corp reduced its holdings in Host Hotels & Resorts, Inc. (NYSE:HST) by 1.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,189,054 shares of the real estate investment trust’s stock after selling 630,244 shares during the quarter. State Street Corp owned 6.11% of Host Hotels & Resorts worth $825,600,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kissinger Financial Services LLC increased its stake in Host Hotels & Resorts by 5.9% in the 2nd quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock worth $814,000 after acquiring an additional 2,490 shares during the last quarter. Swiss National Bank increased its stake in Host Hotels & Resorts by 3.0% in the 2nd quarter. Swiss National Bank now owns 2,701,069 shares of the real estate investment trust’s stock worth $49,349,000 after acquiring an additional 79,500 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Host Hotels & Resorts by 63.4% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 933,057 shares of the real estate investment trust’s stock worth $17,047,000 after acquiring an additional 362,000 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Host Hotels & Resorts by 508.3% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 120,031 shares of the real estate investment trust’s stock worth $2,193,000 after acquiring an additional 100,300 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Host Hotels & Resorts by 165.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 561,000 shares of the real estate investment trust’s stock worth $10,249,000 after acquiring an additional 349,602 shares during the last quarter.

Host Hotels & Resorts, Inc. (NYSE:HST) traded up 0.33% during trading on Monday, reaching $18.40. The company had a trading volume of 548,888 shares. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The company has a market capitalization of $13.62 billion, a PE ratio of 22.77 and a beta of 1.33. The firm’s 50 day moving average is $18.11 and its 200 day moving average is $18.27.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 4.36%. Host Hotels & Resorts’s payout ratio is currently 100.00%.

A number of equities analysts have weighed in on HST shares. Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 22nd. BidaskClub lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Barclays PLC reiterated a “hold” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Robert W. Baird reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.55.

WARNING: “Host Hotels & Resorts, In

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kissinger Financial Services LLC increased its stake in Host Hotels & Resorts by 5.9% in the 2nd quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock worth $814,000 after acquiring an additional 2,490 shares during the last quarter. Swiss National Bank increased its stake in Host Hotels & Resorts by 3.0% in the 2nd quarter. Swiss National Bank now owns 2,701,069 shares of the real estate investment trust’s stock worth $49,349,000 after acquiring an additional 79,500 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in Host Hotels & Resorts by 63.4% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 933,057 shares of the real estate investment trust’s stock worth $17,047,000 after acquiring an additional 362,000 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in Host Hotels & Resorts by 508.3% in the 2nd quarter. Mn Services Vermogensbeheer B.V. now owns 120,031 shares of the real estate investment trust’s stock worth $2,193,000 after acquiring an additional 100,300 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Host Hotels & Resorts by 165.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 561,000 shares of the real estate investment trust’s stock worth $10,249,000 after acquiring an additional 349,602 shares during the last quarter.

Host Hotels & Resorts, Inc. (NYSE:HST) traded up 0.33% during trading on Monday, reaching $18.40. The company had a trading volume of 548,888 shares. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The company has a market capitalization of $13.62 billion, a PE ratio of 22.77 and a beta of 1.33. The firm’s 50 day moving average is $18.11 and its 200 day moving average is $18.27.

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

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a yield of 4.36%. Host Hotels & Resorts’s payout ratio is currently 100.00%.

A number of equities analysts have weighed in on HST shares. Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 22nd. BidaskClub lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Barclays PLC reiterated a “hold” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Robert W. Baird reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.55.

WARNING: “Host Hotels & Resorts, Inc. (HST) Shares Sold by State Street Corp” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/09/host-hotels-resorts-inc-hst-shares-sold-by-state-street-corp.html.

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.

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NYSE:HST).

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