Menta Capital LLC purchased a new position in Host Hotels & Resorts, Inc. (NYSE:HST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,203 shares of the real estate investment trust’s stock, valued at approximately $259,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of HST. Global X Management Co. LLC lifted its holdings in Host Hotels & Resorts by 34.7% during the first quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock valued at $185,000 after purchasing an additional 2,556 shares in the last quarter. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $190,000. Meeder Asset Management Inc. acquired a new stake in shares of Host Hotels & Resorts in the first quarter valued at about $194,000. Quantitative Systematic Strategies LLC acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $196,000. Finally, IBM Retirement Fund grew its position in shares of Host Hotels & Resorts by 34.7% in the second quarter. IBM Retirement Fund now owns 11,028 shares of the real estate investment trust’s stock valued at $201,000 after purchasing an additional 2,842 shares during the period.

Host Hotels & Resorts, Inc. (HST) opened at 18.24 on Wednesday. The company’s 50-day moving average price is $18.08 and its 200-day moving average price is $18.27. Host Hotels & Resorts, Inc. has a 12 month low of $14.69 and a 12 month high of $20.21. The stock has a market cap of $13.50 billion, a P/E ratio of 22.57 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 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 firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the prior year, the company earned $0.49 EPS. The firm’s revenue was down 1.2% on a year-over-year basis. Equities analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date of this dividend is Thursday, September 28th. Host Hotels & Resorts’s payout ratio is currently 100.00%.

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A number of analysts have recently commented on the stock. BidaskClub cut shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood reaffirmed a “hold” rating on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Barclays PLC reiterated a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have issued a buy rating to the stock. Host Hotels & Resorts has a consensus rating of “Hold” and an average target price of $18.33.

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NYSE:HST)

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