Bank of Montreal Can increased its stake in Host Hotels & Resorts, Inc. (NYSE:HST) by 48.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 2,644,841 shares of the real estate investment trust’s stock after buying an additional 859,962 shares during the period. Bank of Montreal Can owned approximately 0.36% of Host Hotels & Resorts worth $48,322,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Kissinger Financial Services LLC boosted its position in Host Hotels & Resorts by 5.9% in the second quarter. Kissinger Financial Services LLC now owns 44,580 shares of the real estate investment trust’s stock valued at $814,000 after buying an additional 2,490 shares during the period. Canada Pension Plan Investment Board boosted its position in Host Hotels & Resorts by 89.7% in the first quarter. Canada Pension Plan Investment Board now owns 1,161,722 shares of the real estate investment trust’s stock valued at $21,678,000 after buying an additional 549,300 shares during the period. Atria Investments LLC boosted its position in Host Hotels & Resorts by 4.4% in the first quarter. Atria Investments LLC now owns 109,511 shares of the real estate investment trust’s stock valued at $2,043,000 after buying an additional 4,627 shares during the period. Lincoln Capital Corp bought a new position in Host Hotels & Resorts during the fourth quarter valued at $274,000. Finally, Swiss National Bank boosted its position in Host Hotels & Resorts by 26.6% in the first quarter. Swiss National Bank now owns 2,621,569 shares of the real estate investment trust’s stock valued at $48,918,000 after buying an additional 550,600 shares during the period.

Host Hotels & Resorts, Inc. (HST) traded down 2.83% during mid-day trading on Tuesday, hitting $18.21. The stock had a trading volume of 7,786,407 shares. The stock’s 50-day moving average price is $18.49 and its 200-day moving average price is $18.31. The stock has a market cap of $13.48 billion, a price-to-earnings ratio of 22.54 and a beta of 1.33. Host Hotels & Resorts, Inc. has a 12 month low of $14.69 and a 12 month high of $20.21.

Host Hotels & Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The company 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 prior year, the company posted $0.49 EPS. On average, analysts predict that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.39%. The ex-dividend date was Wednesday, June 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

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HST has been the topic of several research analyst reports. Goldman Sachs Group, Inc. (The) upgraded shares of Host Hotels & Resorts from a “sell” rating to a “neutral” rating and upped their price objective for the stock from $16.00 to $17.00 in a research report on Monday, April 10th. Zacks Investment Research cut shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Boenning Scattergood reiterated a “neutral” rating on shares of Host Hotels & Resorts in a research report on Tuesday, April 18th. BidaskClub upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Barclays PLC reiterated a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and four have given a buy rating to the stock. Host Hotels & Resorts presently has a consensus rating of “Hold” and an average target price of $18.44.

In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the company’s stock in a transaction 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 sale, the executive vice president now directly owns 43,035 shares in the company, valued at approximately $818,095.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Walter C. Rakowich sold 2,828 shares of the company’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of $17.59, for a total value of $49,744.52. Following the completion of the sale, the director now owns 23,584 shares of the company’s stock, valued at $414,842.56. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.

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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