Chicago Equity Partners LLC cut its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 31.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 317,580 shares of the real estate investment trust’s stock after selling 144,150 shares during the quarter. Chicago Equity Partners LLC’s holdings in Host Hotels & Resorts were worth $5,872,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Harbour Capital Advisors LLC raised its holdings in shares of Host Hotels & Resorts by 1,727.0% in the second quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock valued at $204,000 after purchasing an additional 3,523 shares during the last quarter. Mckinley Capital Management LLC Delaware bought a new position in Host Hotels & Resorts during the second quarter worth about $100,000. Penserra Capital Management LLC bought a new position in Host Hotels & Resorts during the third quarter worth about $177,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Host Hotels & Resorts in the second quarter valued at approximately $190,000. Finally, Newman Dignan & Sheerar Inc. purchased a new position in shares of Host Hotels & Resorts during the third quarter worth approximately $194,000.

Host Hotels & Resorts, Inc. (NYSE:HST) opened at $19.77 on Wednesday. Host Hotels & Resorts, Inc. has a one year low of $15.29 and a one year high of $20.21. The stock has a market capitalization of $14,646.35, a P/E ratio of 11.85, a PEG ratio of 2.38 and a beta of 1.29. The company has a debt-to-equity ratio of 0.56, a quick ratio of 3.62 and a current ratio of 3.62.

Host Hotels & Resorts (NYSE:HST) last announced its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, meeting analysts’ consensus estimates of $0.33. Host Hotels & Resorts had a return on equity of 8.44% and a net margin of 11.11%. The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm earned $0.37 EPS. Host Hotels & Resorts’s quarterly revenue was down 3.2% on a year-over-year basis. research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.66 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.05%. The ex-dividend date was Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

Several research firms recently weighed in on HST. Zacks Investment Research upgraded shares of Host Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday. Cantor Fitzgerald reaffirmed a “buy” rating and set a $21.00 price target on shares of Host Hotels & Resorts in a research report on Monday. Wells Fargo & Company raised shares of Host Hotels & Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a research report on Monday. Stifel Nicolaus reiterated a “buy” rating and set a $20.50 price objective on shares of Host Hotels & Resorts in a research note on Friday, November 3rd. Finally, Boenning Scattergood reiterated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $19.50.

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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.

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

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