Eii Capital Management Inc. reduced its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 18.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 273,900 shares of the real estate investment trust’s stock after selling 62,800 shares during the period. Host Hotels & Resorts accounts for 1.7% of Eii Capital Management Inc.’s portfolio, making the stock its 17th largest position. Eii Capital Management Inc.’s holdings in Host Hotels & Resorts were worth $5,004,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Motco increased its stake in Host Hotels & Resorts by 0.6% in the second quarter. Motco now owns 11,969 shares of the real estate investment trust’s stock valued at $219,000 after buying an additional 71 shares during the period. Cleararc Capital Inc. increased its stake in Host Hotels & Resorts by 0.6% in the first quarter. Cleararc Capital Inc. now owns 18,081 shares of the real estate investment trust’s stock valued at $337,000 after buying an additional 103 shares during the period. Creative Planning increased its stake in 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. Keybank National Association OH increased its stake in Host Hotels & Resorts by 0.4% in the first quarter. Keybank National Association OH now owns 80,171 shares of the real estate investment trust’s stock valued at $1,496,000 after buying an additional 297 shares during the period. Finally, Meiji Yasuda Life Insurance Co increased its stake in Host Hotels & Resorts by 1.7% in the first quarter. Meiji Yasuda Life Insurance Co now owns 24,370 shares of the real estate investment trust’s stock valued at $455,000 after buying an additional 400 shares during the period.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) opened at 17.69 on Wednesday. Host Hotels & Resorts, Inc. has a 52-week low of $14.69 and a 52-week high of $20.21. The stock’s 50 day moving average is $18.15 and its 200 day moving average is $18.28. The stock has a market capitalization of $13.09 billion, a PE ratio of 21.89 and a beta of 1.33.

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 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 business had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the company earned $0.49 earnings per share. Host Hotels & Resorts’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities research analysts expect that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current fiscal year.

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Several research firms recently weighed in on HST. Royal Bank Of Canada reiterated a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 7th. Boenning Scattergood reiterated a “hold” rating on shares of Host Hotels & Resorts in a report on Friday, July 28th. BidaskClub downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Zacks Investment Research upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Tuesday, July 4th. Finally, Barclays PLC restated a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $18.19.

In related news, EVP Joanne G. Hamilton sold 3,069 shares of the business’s 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 transaction, the executive vice president now owns 43,035 shares of the company’s stock, valued at $818,095.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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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