Unigestion Holding SA purchased a new stake in shares of Host Hotels and Resorts Inc (NYSE:HST) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,601,600 shares of the real estate investment trust’s stock, valued at approximately $44,982,000. Host Hotels and Resorts makes up about 1.2% of Unigestion Holding SA’s investment portfolio, making the stock its 28th biggest position. Unigestion Holding SA owned approximately 0.36% of Host Hotels and Resorts as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Nuveen Asset Management LLC raised its position in shares of Host Hotels and Resorts by 175.2% during the second quarter. Nuveen Asset Management LLC now owns 11,697,899 shares of the real estate investment trust’s stock worth $213,137,000 after acquiring an additional 7,446,548 shares during the last quarter. Daiwa Securities Group Inc. raised its position in shares of Host Hotels and Resorts by 3,267.9% during the second quarter. Daiwa Securities Group Inc. now owns 5,406,381 shares of the real estate investment trust’s stock worth $98,505,000 after acquiring an additional 5,245,854 shares during the last quarter. Cohen & Steers Inc. raised its position in shares of Host Hotels and Resorts by 187.4% during the second quarter. Cohen & Steers Inc. now owns 7,991,480 shares of the real estate investment trust’s stock worth $145,605,000 after acquiring an additional 5,210,573 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Host Hotels and Resorts by 60.2% during the second quarter. JPMorgan Chase & Co. now owns 10,245,777 shares of the real estate investment trust’s stock worth $184,526,000 after acquiring an additional 3,850,979 shares during the last quarter. Finally, Schroder Investment Management Group raised its position in shares of Host Hotels and Resorts by 1,546.8% during the second quarter. Schroder Investment Management Group now owns 3,230,106 shares of the real estate investment trust’s stock worth $58,852,000 after acquiring an additional 3,033,957 shares during the last quarter. 97.22% of the stock is currently owned by hedge funds and other institutional investors.

HST has been the subject of a number of analyst reports. Deutsche Bank lowered their price objective on Host Hotels and Resorts from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Barclays set a $21.00 price objective on Host Hotels and Resorts and gave the stock a “buy” rating in a research report on Monday, August 12th. BTIG Research downgraded Host Hotels and Resorts from a “buy” rating to a “neutral” rating in a research report on Thursday, August 15th. JPMorgan Chase & Co. lowered their price objective on Host Hotels and Resorts from $17.00 to $15.00 and set an “underweight” rating for the company in a research report on Friday, September 6th. Finally, ValuEngine downgraded Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research report on Friday. Four analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $19.85.

HST stock traded up $0.22 during mid-day trading on Friday, reaching $17.17. The company’s stock had a trading volume of 8,328,536 shares, compared to its average volume of 6,872,809. The company has a market cap of $12.71 billion, a price-to-earnings ratio of 9.70, a price-to-earnings-growth ratio of 1.98 and a beta of 1.11. The business’s 50 day moving average price is $16.80 and its 200 day moving average price is $17.60. The company has a current ratio of 5.12, a quick ratio of 5.12 and a debt-to-equity ratio of 0.52. Host Hotels and Resorts Inc has a 12 month low of $15.51 and a 12 month high of $20.34.

Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Tuesday, August 6th. The real estate investment trust reported $0.53 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.01). The business had revenue of $1.48 billion during the quarter, compared to the consensus estimate of $1.50 billion. Host Hotels and Resorts had a return on equity of 15.20% and a net margin of 20.80%. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.28 earnings per share. As a group, equities analysts expect that Host Hotels and Resorts Inc will post 1.76 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.80 dividend on an annualized basis and a yield of 4.66%. Host Hotels and Resorts’s payout ratio is currently 45.20%.

About Host Hotels and Resorts

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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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