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

A number of brokerages recently weighed in on HST. Deutsche Bank AG reiterated a “hold” rating on shares of Host Hotels & Resorts in a report on Sunday, June 26th. Canaccord Genuity reiterated a “hold” rating on shares of Host Hotels & Resorts in a report on Saturday, April 30th. Evercore ISI cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Wednesday. Raymond James Financial Inc. upgraded Host Hotels & Resorts from an “underperform” rating to a “market perform” rating in a report on Wednesday, May 18th. Finally, TheStreet upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Thursday, March 31st. One research 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. Host Hotels & Resorts currently has a consensus rating of “Hold” and a consensus price target of $17.97.

The company’s 50-day moving average is $16.32 and its 200-day moving average is $15.56. The company has a market capitalization of $13.38 billion and a P/E ratio of 21.07.

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

The firm also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Thursday, June 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.47%. The ex-dividend date was Tuesday, June 28th.

Other institutional investors have bought and sold shares of the company. Morgan Stanley increased its position in Host Hotels & Resorts by 6.7% in the fourth quarter. Morgan Stanley now owns 39,788,030 shares of the company’s stock valued at $610,348,000 after buying an additional 2,485,535 shares during the last quarter. OppenheimerFunds Inc. boosted its stake in Host Hotels & Resorts by 82.0% in the fourth quarter. OppenheimerFunds Inc. now owns 1,793,492 shares of the company’s stock worth $27,520,000 after buying an additional 808,041 shares during the period. Advantus Capital Management Inc boosted its stake in Host Hotels & Resorts by 84.9% in the fourth quarter. Advantus Capital Management Inc now owns 1,511,331 shares of the company’s stock worth $23,184,000 after buying an additional 693,793 shares during the period. Cornerstone Capital Management Holdings LLC. boosted its stake in Host Hotels & Resorts by 55.8% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 1,454,851 shares of the company’s stock worth $22,318,000 after buying an additional 520,868 shares during the period. Finally, KBC Group NV boosted its stake in Host Hotels & Resorts by 88.3% in the fourth quarter. KBC Group NV now owns 504,555 shares of the company’s stock worth $7,739,000 after buying an additional 236,550 shares during the period.

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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