Chemical Bank grew its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 17.7% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,765 shares of the real estate investment trust’s stock after buying an additional 5,390 shares during the quarter. Chemical Bank’s holdings in Host Hotels & Resorts were worth $653,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in HST. BlackRock Inc. raised its position in Host Hotels & Resorts by 2,288.8% during the 1st quarter. BlackRock Inc. now owns 73,468,578 shares of the real estate investment trust’s stock worth $1,370,925,000 after buying an additional 70,393,061 shares during the last quarter. Principal Financial Group Inc. raised its position in Host Hotels & Resorts by 96.6% during the 2nd quarter. Principal Financial Group Inc. now owns 9,642,232 shares of the real estate investment trust’s stock worth $176,164,000 after buying an additional 4,738,572 shares during the last quarter. Vanguard Group Inc. raised its position in Host Hotels & Resorts by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 130,271,850 shares of the real estate investment trust’s stock worth $2,430,872,000 after buying an additional 2,703,678 shares during the last quarter. Systematic Financial Management LP purchased a new position in Host Hotels & Resorts during the 1st quarter worth $36,899,000. Finally, Point72 Asset Management L.P. purchased a new position in Host Hotels & Resorts during the 1st quarter worth $34,399,000.

In related news, EVP Joanne G. Hamilton sold 3,069 shares of Host Hotels & Resorts 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 sale, the executive vice president now directly owns 43,035 shares in the company, valued at $818,095.35. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.70% of the stock is owned by insiders.

Shares of Host Hotels & Resorts, Inc. (NYSE:HST) opened at 18.29 on Friday. The firm has a market capitalization of $13.54 billion, a PE ratio of 22.64 and a beta of 1.33. The company has a 50-day moving average of $18.09 and a 200-day moving average of $18.25. Host Hotels & Resorts, Inc. has a 52 week low of $14.69 and a 52 week high of $20.21.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.03. Host Hotels & Resorts had a net margin of 11.09% and a return on equity of 8.47%. The business had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period in the previous year, the business earned $0.49 earnings per share. The company’s revenue was down 1.2% on a year-over-year basis. On average, equities analysts forecast that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current fiscal year.

A number of equities analysts have commented on the stock. BidaskClub downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, August 11th. Zacks Investment Research downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Robert W. Baird restated a “buy” rating and set a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Boenning Scattergood upgraded shares of Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Thursday, August 24th. Finally, Barclays PLC restated 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 research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company’s stock. Host Hotels & Resorts currently has a consensus rating of “Hold” and a consensus target price of $18.33.

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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.

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

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