Uniplan Investment Counsel Inc. decreased its stake in Host Hotels and Resorts Inc (NYSE:HST) by 13.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,183,829 shares of the real estate investment trust’s stock after selling 341,462 shares during the period. Host Hotels and Resorts accounts for 2.7% of Uniplan Investment Counsel Inc.’s investment portfolio, making the stock its 6th largest holding. Uniplan Investment Counsel Inc. owned about 0.29% of Host Hotels and Resorts worth $46,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. BlackRock Inc. boosted its stake in Host Hotels and Resorts by 3.0% during the 3rd quarter. BlackRock Inc. now owns 82,938,304 shares of the real estate investment trust’s stock worth $1,749,999,000 after purchasing an additional 2,379,898 shares during the period. PGGM Investments boosted its stake in Host Hotels and Resorts by 0.9% during the 3rd quarter. PGGM Investments now owns 13,539,720 shares of the real estate investment trust’s stock worth $285,688,000 after purchasing an additional 117,657 shares during the period. Dimensional Fund Advisors LP boosted its stake in Host Hotels and Resorts by 1.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 11,382,347 shares of the real estate investment trust’s stock worth $239,822,000 after purchasing an additional 168,274 shares during the period. Schwab Charles Investment Management Inc. boosted its stake in Host Hotels and Resorts by 4.8% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 8,148,217 shares of the real estate investment trust’s stock worth $171,683,000 after purchasing an additional 370,150 shares during the period. Finally, Bank of Montreal Can boosted its stake in Host Hotels and Resorts by 74.0% during the 3rd quarter. Bank of Montreal Can now owns 8,085,011 shares of the real estate investment trust’s stock worth $170,594,000 after purchasing an additional 3,438,306 shares during the period. Institutional investors and hedge funds own 98.21% of the company’s stock.

NYSE HST traded up $0.04 during mid-day trading on Tuesday, hitting $18.84. The company’s stock had a trading volume of 5,904,527 shares, compared to its average volume of 6,791,313. Host Hotels and Resorts Inc has a 52-week low of $17.93 and a 52-week high of $22.47. The company has a debt-to-equity ratio of 0.55, a quick ratio of 5.32 and a current ratio of 5.32. The firm has a market capitalization of $14.02 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 2.16 and a beta of 1.24.

Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.35 by $0.08. Host Hotels and Resorts had a net margin of 15.91% and a return on equity of 12.21%. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm posted $0.33 earnings per share. Host Hotels and Resorts’s revenue for the quarter was up 3.6% compared to the same quarter last year. Sell-side analysts forecast that Host Hotels and Resorts Inc will post 1.75 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were issued a $0.20 dividend. The ex-dividend date of this dividend was Thursday, September 27th. This represents a $0.80 annualized dividend and a yield of 4.25%. Host Hotels and Resorts’s payout ratio is 47.34%.

HST has been the subject of a number of recent research reports. Deutsche Bank set a $23.00 price target on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Saturday, November 3rd. Zacks Investment Research upgraded shares of Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Friday, October 5th. Robert W. Baird increased their price target on shares of Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, August 9th. Finally, Wells Fargo & Co set a $22.00 price target on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and ten have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $21.93.

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Host Hotels and Resorts Company 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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