Cornerstone Capital Management Holdings LLC. trimmed its holdings in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,168,232 shares of the real estate investment trust’s stock after selling 21,147 shares during the period. Cornerstone Capital Management Holdings LLC. owned approximately 0.29% of Host Hotels & Resorts worth $39,612,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of HST. BlackRock Inc. increased its holdings 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 purchasing an additional 70,393,061 shares during the period. Principal Financial Group Inc. increased its holdings in shares of Host Hotels & Resorts by 96.6% during 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 purchasing an additional 4,738,572 shares during the period. Vanguard Group Inc. increased its holdings in shares of Host Hotels & Resorts by 2.1% during 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 purchasing an additional 2,703,678 shares during the period. Systematic Financial Management LP acquired a new position in shares of Host Hotels & Resorts during the first quarter valued at $36,899,000. Finally, Point72 Asset Management L.P. acquired a new position in shares of Host Hotels & Resorts during the first quarter valued at $34,399,000.

Shares of Host Hotels & Resorts, Inc. (HST) traded up 0.907% during trading on Thursday, reaching $18.365. The company had a trading volume of 3,532,890 shares. Host Hotels & Resorts, Inc. has a 52-week low of $14.69 and a 52-week high of $20.21. The firm has a market capitalization of $13.59 billion, a P/E ratio of 22.729 and a beta of 1.33. The company has a 50 day moving average of $18.09 and a 200-day moving average of $18.27.

Host Hotels & Resorts (NYSE:HST) last released its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.49 earnings per share. Equities analysts expect that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a yield of 4.40%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

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A number of research analysts recently issued reports on the company. Boenning Scattergood raised Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 target price on the stock in a report on Thursday, August 24th. Robert W. Baird reaffirmed a “buy” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, September 8th. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Barclays PLC reaffirmed a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Zacks Investment Research lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Friday, July 14th. 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 company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $18.33.

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.

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

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