Aberdeen Asset Management PLC UK grew its stake in Host Hotels & Resorts, Inc. (NYSE:HST) by 23.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 254,704 shares of the real estate investment trust’s stock after buying an additional 48,741 shares during the period. Aberdeen Asset Management PLC UK’s holdings in Host Hotels & Resorts were worth $4,653,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of HST. BlackRock Inc. increased its stake in shares of Host Hotels & Resorts by 2,288.8% in the first quarter. BlackRock Inc. now owns 73,468,578 shares of the real estate investment trust’s stock valued at $1,370,925,000 after buying an additional 70,393,061 shares during the period. Principal Financial Group Inc. increased its stake in shares of Host Hotels & Resorts by 96.6% in the second quarter. Principal Financial Group Inc. now owns 9,642,232 shares of the real estate investment trust’s stock valued at $176,164,000 after buying an additional 4,738,572 shares during the period. Vanguard Group Inc. increased its stake in shares of Host Hotels & Resorts by 2.1% in the first quarter. Vanguard Group Inc. now owns 130,271,850 shares of the real estate investment trust’s stock valued at $2,430,872,000 after buying an additional 2,703,678 shares during the period. Systematic Financial Management LP acquired a new stake in shares of Host Hotels & Resorts in the first quarter valued at about $36,899,000. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Host Hotels & Resorts in the first quarter valued at about $34,399,000.

Several equities research analysts have recently weighed in on the company. BidaskClub cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Robert W. Baird reaffirmed a “buy” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a research note on Friday, September 8th. Boenning Scattergood raised Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 target price for the company in a research note on Thursday, August 24th. Finally, Barclays PLC reaffirmed a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.33.

Host Hotels & Resorts, Inc. (HST) opened at 18.25 on Friday. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The firm has a 50-day moving average price of $18.08 and a 200 day moving average price of $18.25. The company has a market cap of $13.51 billion, a price-to-earnings ratio of 22.59 and a beta of 1.33.

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, topping analysts’ consensus estimates 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 firm had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the prior year, the business earned $0.49 EPS. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities analysts expect that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current fiscal year.

In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was 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 in the company, valued at approximately $818,095.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.70% of the stock is currently owned by corporate insiders.

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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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