SRS Capital Advisors Inc. purchased a new position in shares of Host Hotels and Resorts Inc (NYSE:HST) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,652 shares of the real estate investment trust’s stock, valued at approximately $246,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HST. Bank of Montreal Can bought a new stake in shares of Host Hotels and Resorts during the 2nd quarter worth about $97,905,000. Heitman Real Estate Securities LLC bought a new stake in shares of Host Hotels and Resorts during the 2nd quarter worth about $43,023,000. Glenmede Trust Co. NA boosted its stake in shares of Host Hotels and Resorts by 761.1% during the 2nd quarter. Glenmede Trust Co. NA now owns 2,146,084 shares of the real estate investment trust’s stock worth $45,218,000 after acquiring an additional 1,896,862 shares in the last quarter. LSV Asset Management boosted its stake in shares of Host Hotels and Resorts by 41.3% during the 2nd quarter. LSV Asset Management now owns 6,047,906 shares of the real estate investment trust’s stock worth $127,429,000 after acquiring an additional 1,769,229 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Host Hotels and Resorts by 628.5% during the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,046,384 shares of the real estate investment trust’s stock worth $43,116,000 after acquiring an additional 1,765,477 shares in the last quarter. Institutional investors own 99.36% of the company’s stock.

Shares of NYSE:HST opened at $18.90 on Friday. Host Hotels and Resorts Inc has a twelve month low of $17.93 and a twelve month high of $22.47. The company has a market cap of $14.09 billion, a P/E ratio of 11.18, a price-to-earnings-growth ratio of 2.17 and a beta of 1.24. The company has a quick ratio of 3.33, a current ratio of 5.32 and a debt-to-equity ratio of 0.55.

Host Hotels and Resorts (NYSE:HST) last announced its earnings results on Thursday, November 1st. The real estate investment trust reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.08. Host Hotels and Resorts had a return on equity of 12.21% and a net margin of 15.91%. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. On average, equities research analysts forecast that Host Hotels and Resorts Inc will post 1.75 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 28th were issued a $0.20 dividend. The ex-dividend date was Thursday, September 27th. This represents a $0.80 annualized dividend and a yield of 4.23%. Host Hotels and Resorts’s dividend payout ratio (DPR) is 47.34%.

Several analysts recently weighed in on the company. Zacks Investment Research upgraded Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $23.00 target price for the company in a research note on Tuesday, July 31st. Robert W. Baird increased their target price on Host Hotels and Resorts from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, August 9th. Finally, Deutsche Bank set a $23.00 target price on Host Hotels and Resorts and gave the company a “buy” rating in a research note on Saturday, November 3rd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $21.93.

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Host Hotels and Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 89 properties in the United States and six properties internationally totaling approximately 52,500 rooms.

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

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