Suntrust Banks Inc. lowered its position in Host Hotels & Resorts, Inc. (NYSE:HST) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,851 shares of the real estate investment trust’s stock after selling 526 shares during the quarter. Suntrust Banks Inc.’s holdings in Host Hotels & Resorts were worth $2,279,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Wealthfront Inc. boosted its holdings in Host Hotels & Resorts by 42.8% in the second quarter. Wealthfront Inc. now owns 25,422 shares of the real estate investment trust’s stock valued at $464,000 after acquiring an additional 7,616 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Host Hotels & Resorts by 2.4% in the second quarter. California Public Employees Retirement System now owns 1,895,119 shares of the real estate investment trust’s stock valued at $34,624,000 after acquiring an additional 44,700 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Host Hotels & Resorts by 0.6% in the second quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock valued at $2,395,467,000 after acquiring an additional 842,905 shares during the last quarter. Northern Trust Corp boosted its holdings in Host Hotels & Resorts by 2.5% in the second quarter. Northern Trust Corp now owns 12,678,085 shares of the real estate investment trust’s stock valued at $231,628,000 after acquiring an additional 309,518 shares during the last quarter. Finally, Pinebridge Investments L.P. boosted its holdings in Host Hotels & Resorts by 2.6% in the second quarter. Pinebridge Investments L.P. now owns 79,425 shares of the real estate investment trust’s stock valued at $1,451,000 after acquiring an additional 1,995 shares during the last quarter.

Several research firms have commented on HST. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a research report on Tuesday, July 4th. Royal Bank Of Canada reissued a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Wednesday, June 7th. 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. 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 equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the stock. Host Hotels & Resorts presently has an average rating of “Hold” and an average target price of $18.33.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) opened at 18.49 on Friday. The stock’s 50 day moving average price is $18.06 and its 200-day moving average price is $18.25. The stock has a market capitalization of $13.68 billion, a price-to-earnings ratio of 22.88 and a beta of 1.33. Host Hotels & Resorts, Inc. has a 12 month low of $14.69 and a 12 month high of $20.21.

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 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 company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the company earned $0.49 earnings per share. The business’s quarterly revenue was down 1.2% compared to the same quarter last year. Equities analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend is Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

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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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