Quantitative Systematic Strategies LLC Purchases New Stake in Host Hotels & Resorts, Inc. (NYSE:HST)

Quantitative Systematic Strategies LLC purchased a new stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,589 shares of the real estate investment trust’s stock, valued at approximately $196,000.

Other hedge funds also recently added to or reduced their stakes in the company. UBS Asset Management Americas Inc. raised its stake in Host Hotels & Resorts by 2.6% in the fourth quarter. UBS Asset Management Americas Inc. now owns 3,811,506 shares of the real estate investment trust’s stock valued at $71,809,000 after buying an additional 97,034 shares during the last quarter. Kentucky Retirement Systems acquired a new stake in Host Hotels & Resorts during the fourth quarter worth $1,011,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in Host Hotels & Resorts during the fourth quarter worth $451,000. Macquarie Group Ltd. raised its stake in Host Hotels & Resorts by 5.4% in the fourth quarter. Macquarie Group Ltd. now owns 2,976,569 shares of the real estate investment trust’s stock worth $56,078,000 after buying an additional 153,448 shares during the last quarter. Finally, Pensionfund Sabic raised its stake in Host Hotels & Resorts by 14.8% in the first quarter. Pensionfund Sabic now owns 77,343 shares of the real estate investment trust’s stock worth $1,443,000 after buying an additional 10,000 shares during the last quarter.

Shares of Host Hotels & Resorts, Inc. (HST) traded down 2.73% during mid-day trading on Friday, reaching $17.43. The company’s stock had a trading volume of 8,393,075 shares. Host Hotels & Resorts, Inc. has a 1-year low of $14.69 and a 1-year high of $20.21. The company has a market capitalization of $12.90 billion, a price-to-earnings ratio of 21.57 and a beta of 1.33. The company’s 50 day moving average price is $18.27 and its 200-day moving average price is $18.29.

Host Hotels & Resorts (NYSE:HST) last released its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.43 billion. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. The business’s revenue was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 EPS. Analysts predict that Host Hotels & Resorts, Inc. will post $0.79 earnings per share for the current fiscal year.

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HST has been the topic of a number of recent analyst reports. Royal Bank Of Canada reiterated a “hold” rating and issued a $20.00 target price on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. BidaskClub raised Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Zacks Investment Research raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a research report on Tuesday, July 4th. Boenning Scattergood reaffirmed a “hold” rating on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Barclays PLC reaffirmed a “hold” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and three have issued a buy rating to the stock. Host Hotels & Resorts presently has an average rating of “Hold” and an average target price of $18.44.

In other news, EVP Joanne G. Hamilton sold 3,069 shares of the company’s stock in a transaction dated Tuesday, June 20th. The shares were sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the transaction, the executive vice president now owns 43,035 shares of the company’s stock, valued at $818,095.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.70% of the stock is currently owned by corporate insiders.

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.

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

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