MML Investors Services LLC decreased its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 7.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,562 shares of the real estate investment trust’s stock after selling 1,198 shares during the period. MML Investors Services LLC’s holdings in Host Hotels & Resorts were worth $266,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. increased its position in shares of Host Hotels & Resorts by 2,288.8% during 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. raised its stake in 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 worth $176,164,000 after buying an additional 4,738,572 shares in the last quarter. Vanguard Group Inc. raised its stake in 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 worth $2,430,872,000 after buying an additional 2,703,678 shares in the last quarter. Systematic Financial Management LP bought a new position in Host Hotels & Resorts in the first quarter worth about $36,899,000. Finally, Point72 Asset Management L.P. bought a new position in Host Hotels & Resorts in the first quarter worth about $34,399,000.

Several analysts have commented on HST shares. Boenning Scattergood restated a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a report on Friday, September 22nd. Robert W. Baird reiterated a “buy” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, September 8th. Zacks Investment Research upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Tuesday, July 4th. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Finally, Barclays PLC reissued a “hold” rating and issued a $20.00 target price 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 issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $18.33.

Host Hotels & Resorts, Inc. (HST) opened at 18.43 on Tuesday. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The stock’s 50 day moving average price is $18.08 and its 200 day moving average price is $18.27. The company has a market capitalization of $13.64 billion, a P/E ratio of 22.81 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 (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.46 by $0.03. The company had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. Host Hotels & Resorts’s revenue was down 1.2% compared to the same quarter last year. During the same period last year, the company posted $0.49 earnings per share. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post $0.78 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.34%. The ex-dividend date of this dividend is Thursday, September 28th. Host Hotels & Resorts’s payout ratio 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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