Global Endowment Management LP purchased a new position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) in the second quarter, according to its most recent filing with the SEC. The firm purchased 22,160 shares of the real estate investment trust’s stock, valued at approximately $405,000.

A number of other institutional investors have also modified their holdings of the business. Muzinich & Co. Inc. bought a new position in shares of Host Hotels & Resorts during the 1st quarter worth about $127,000. Global X Management Co. LLC boosted its position in shares of Host Hotels & Resorts by 34.7% during the 1st quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock worth $185,000 after purchasing an additional 2,556 shares in the last quarter. Cambridge Investment Research Advisors Inc. bought a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $190,000. Meeder Asset Management Inc. bought a new position in shares of Host Hotels & Resorts during the 1st quarter worth about $194,000. Finally, Quantitative Systematic Strategies LLC bought a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $196,000.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) opened at 18.54 on Thursday. The stock has a market cap of $13.72 billion, a price-to-earnings ratio of 22.95 and a beta of 1.33. The firm has a 50-day moving average of $18.06 and a 200 day moving average of $18.25. Host Hotels & Resorts, Inc. has a 1-year low of $14.69 and a 1-year high of $20.21.

Host Hotels & Resorts (NYSE:HST) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion for 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 business’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.49 earnings per share. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.31%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

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HST has been the topic of a number of research analyst reports. Boenning Scattergood reissued a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 22nd. Robert W. Baird reaffirmed a “buy” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Zacks Investment Research raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, July 4th. BidaskClub raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Barclays PLC reaffirmed a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the company’s stock. Host Hotels & Resorts presently has a consensus rating of “Hold” and a consensus price target of $18.33.

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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