Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,556,833 shares of the real estate investment trust’s stock after buying an additional 30,716 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned approximately 0.35% of Host Hotels & Resorts worth $46,713,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Creative Planning raised its position in shares of Host Hotels & Resorts by 1.8% in the first quarter. Creative Planning now owns 7,854 shares of the real estate investment trust’s stock valued at $147,000 after buying an additional 136 shares during the period. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Host Hotels & Resorts by 3.8% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 19,731 shares of the real estate investment trust’s stock valued at $344,000 after buying an additional 726 shares in the last quarter. Korea Investment CORP boosted its stake in shares of Host Hotels & Resorts by 24.8% in the first quarter. Korea Investment CORP now owns 683,848 shares of the real estate investment trust’s stock valued at $12,761,000 after buying an additional 135,972 shares in the last quarter. Shell Asset Management Co. boosted its stake in shares of Host Hotels & Resorts by 0.9% in the first quarter. Shell Asset Management Co. now owns 47,976 shares of the real estate investment trust’s stock valued at $895,000 after buying an additional 419 shares in the last quarter. Finally, ARP Americas LLC bought a new stake in shares of Host Hotels & Resorts during the first quarter valued at $258,000.

Shares of Host Hotels & Resorts, Inc. (NYSE:HST) opened at 17.70 on Friday. Host Hotels & Resorts, Inc. has a 12-month low of $14.69 and a 12-month high of $20.21. The stock has a market cap of $13.10 billion, a PE ratio of 21.91 and a beta of 1.33. The firm has a 50-day moving average price of $18.15 and a 200 day moving average price of $18.28.

Host Hotels & Resorts (NYSE:HST) last posted its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.49 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current year.

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Several equities research analysts recently weighed in on HST shares. Royal Bank Of Canada restated a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 7th. Zacks Investment Research cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Boenning Scattergood upgraded Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 target price for the company in a report on Thursday. BidaskClub cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Friday, August 11th. Finally, Barclays PLC restated a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $18.19.

In other news, EVP Joanne G. Hamilton sold 3,069 shares of Host Hotels & Resorts stock in a transaction 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 directly owns 43,035 shares of the company’s stock, valued at approximately $818,095.35. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.70% of the stock is currently owned by insiders.

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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