Host Hotels and Resorts Inc (HST) Position Lifted by BTIM Corp.

BTIM Corp. increased its position in shares of Host Hotels and Resorts Inc (NYSE:HST) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 181,655 shares of the real estate investment trust’s stock after acquiring an additional 22,510 shares during the quarter. BTIM Corp.’s holdings in Host Hotels and Resorts were worth $3,434,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Private Capital Group LLC raised its stake in shares of Host Hotels and Resorts by 44.7% during the 4th quarter. Private Capital Group LLC now owns 2,274 shares of the real estate investment trust’s stock worth $38,000 after acquiring an additional 703 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Host Hotels and Resorts by 2.1% during the 4th quarter. Advisor Group Inc. now owns 37,449 shares of the real estate investment trust’s stock worth $625,000 after acquiring an additional 767 shares in the last quarter. Krueger & Catalano Capital Partners LLC raised its stake in shares of Host Hotels and Resorts by 1.9% during the 4th quarter. Krueger & Catalano Capital Partners LLC now owns 44,406 shares of the real estate investment trust’s stock worth $740,000 after acquiring an additional 812 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Host Hotels and Resorts by 10.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 11,083 shares of the real estate investment trust’s stock worth $185,000 after acquiring an additional 1,036 shares in the last quarter. Finally, OLD Second National Bank of Aurora raised its stake in shares of Host Hotels and Resorts by 1.1% during the 4th quarter. OLD Second National Bank of Aurora now owns 95,541 shares of the real estate investment trust’s stock worth $1,593,000 after acquiring an additional 1,071 shares in the last quarter. Hedge funds and other institutional investors own 97.93% of the company’s stock.

Several research analysts recently commented on the stock. Wolfe Research lowered shares of Host Hotels and Resorts from a “market perform” rating to an “underperform” rating and set a $19.16 price objective for the company. in a research note on Tuesday, March 12th. Zacks Investment Research raised shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Monday, February 18th. Finally, Deutsche Bank reissued a “buy” rating and set a $22.00 target price on shares of Host Hotels and Resorts in a research report on Sunday, February 24th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $21.22.

NYSE:HST opened at $18.90 on Friday. The company has a market cap of $13.99 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 2.16 and a beta of 1.21. Host Hotels and Resorts Inc has a twelve month low of $15.94 and a twelve month high of $22.47. The company has a current ratio of 5.51, a quick ratio of 5.51 and a debt-to-equity ratio of 0.51.

Host Hotels and Resorts (NYSE:HST) last released its earnings results on Tuesday, February 19th. The real estate investment trust reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels and Resorts had a net margin of 19.68% and a return on equity of 14.86%. During the same quarter in the previous year, the firm earned $0.12 EPS. On average, equities research analysts expect that Host Hotels and Resorts Inc will post 1.77 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, March 29th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Thursday, March 28th. Host Hotels and Resorts’s dividend payout ratio is presently 45.20%.

In other Host Hotels and Resorts news, CFO Michael D. Bluhm sold 18,360 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $19.84, for a total transaction of $364,262.40. Following the sale, the chief financial officer now owns 176,618 shares of the company’s stock, valued at approximately $3,504,101.12. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 1.40% of the stock is currently owned by insiders.

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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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