Associated Banc Corp lowered its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 2.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 152,046 shares of the real estate investment trust’s stock after selling 3,904 shares during the quarter. Associated Banc Corp’s holdings in Host Hotels & Resorts were worth $2,778,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Motco boosted its position in Host Hotels & Resorts by 0.6% during the second quarter. Motco now owns 11,969 shares of the real estate investment trust’s stock worth $219,000 after purchasing an additional 71 shares during the period. Cleararc Capital Inc. boosted its position in Host Hotels & Resorts by 0.6% during the first quarter. Cleararc Capital Inc. now owns 18,081 shares of the real estate investment trust’s stock worth $337,000 after purchasing an additional 103 shares during the period. Bronfman E.L. Rothschild L.P. boosted its position in Host Hotels & Resorts by 1.6% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 13,770 shares of the real estate investment trust’s stock worth $252,000 after purchasing an additional 222 shares during the period. Keybank National Association OH boosted its position in Host Hotels & Resorts by 0.4% during the first quarter. Keybank National Association OH now owns 80,171 shares of the real estate investment trust’s stock worth $1,496,000 after purchasing an additional 297 shares during the period. Finally, Meiji Yasuda Life Insurance Co boosted its position in Host Hotels & Resorts by 1.7% during the first quarter. Meiji Yasuda Life Insurance Co now owns 24,370 shares of the real estate investment trust’s stock worth $455,000 after purchasing an additional 400 shares during the period.

Shares of Host Hotels & Resorts, Inc. (HST) traded down 0.49% on Wednesday, reaching $18.29. The company had a trading volume of 1,513,410 shares. Host Hotels & Resorts, Inc. has a 52-week low of $14.69 and a 52-week high of $20.21. The company’s 50-day moving average price is $18.07 and its 200-day moving average price is $18.24. The firm has a market capitalization of $13.54 billion, a price-to-earnings ratio of 22.64 and a beta of 1.33.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The business had revenue of $1.44 billion during 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%. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.49 EPS. On average, analysts predict that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

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A number of equities research analysts have issued reports on the company. Boenning Scattergood reaffirmed a “hold” rating on shares of Host Hotels & Resorts in a research report on Friday, July 28th. BidaskClub cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Robert W. Baird reissued a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Zacks Investment Research raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, July 4th. Finally, Barclays PLC reissued a “hold” rating and issued a $20.00 price objective 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, eleven have given a hold rating and five have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $18.33.

In related news, EVP Joanne G. Hamilton sold 3,069 shares of the business’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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.70% of the company’s stock.

Host Hotels & Resorts 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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