Host Hotels & Resorts Inc. (NYSE:HST) shares shot up 2.5% during mid-day trading on Thursday . The company traded as high as $17.69 and last traded at $17.55, with a volume of 9,316,100 shares trading hands. The stock had previously closed at $17.12.

A number of research firms have issued reports on HST. Deutsche Bank AG reiterated a “hold” rating on shares of Host Hotels & Resorts in a research report on Sunday, June 26th. Canaccord Genuity reissued a “hold” rating on shares of Host Hotels & Resorts in a research note on Saturday, April 30th. Evercore ISI lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday. Raymond James Financial Inc. raised Host Hotels & Resorts from an “underperform” rating to a “market perform” rating in a research note on Wednesday, May 18th. Finally, Credit Suisse Group AG reissued a “neutral” rating and set a $16.00 price target (up from $15.00) on shares of Host Hotels & Resorts in a research note on Wednesday, March 23rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $17.97.

The company’s 50 day moving average is $16.26 and its 200-day moving average is $15.54. The stock has a market capitalization of $13.09 billion and a PE ratio of 20.60.

Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Friday, April 29th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.03. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter in the previous year, the business earned $0.35 earnings per share. Host Hotels & Resorts’s revenue was up 2.8% compared to the same quarter last year. Analysts expect that Host Hotels & Resorts Inc. will post $1.68 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, July 15th. Investors of record on Thursday, June 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $0.80 annualized dividend and a yield of 4.57%.

A number of institutional investors recently bought and sold shares of HST. TD Asset Management Inc. raised its position in Host Hotels & Resorts by 1.2% in the fourth quarter. TD Asset Management Inc. now owns 339,412 shares of the company’s stock valued at $5,207,000 after buying an additional 4,000 shares during the last quarter. Gulf International Bank UK Ltd raised its position in Host Hotels & Resorts by 2.7% in the fourth quarter. Gulf International Bank UK Ltd now owns 217,722 shares of the company’s stock valued at $3,340,000 after buying an additional 5,640 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. raised its position in Host Hotels & Resorts by 3.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 200,603 shares of the company’s stock valued at $3,077,000 after buying an additional 7,526 shares during the last quarter. New York State Common Retirement Fund raised its position in Host Hotels & Resorts by 0.6% in the fourth quarter. New York State Common Retirement Fund now owns 2,108,687 shares of the company’s stock valued at $32,347,000 after buying an additional 12,500 shares during the last quarter. Finally, Mizuho Trust & Banking Co. Ltd. raised its position in Host Hotels & Resorts by 1.2% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 1,300,531 shares of the company’s stock valued at $20,496,000 after buying an additional 14,977 shares during the last quarter.

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

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