Cbre Clarion Securities LLC trimmed its stake in Host Hotels & Resorts, Inc. (NYSE:HST) by 15.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,904,528 shares of the real estate investment trust’s stock after selling 1,976,938 shares during the period. Host Hotels & Resorts comprises about 2.1% of Cbre Clarion Securities LLC’s investment portfolio, making the stock its 20th largest position. Cbre Clarion Securities LLC owned 1.47% of Host Hotels & Resorts worth $199,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Host Hotels & Resorts by 0.6% in the second quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock valued at $2,395,467,000 after acquiring an additional 842,905 shares during the period. BlackRock Inc. grew its holdings in shares of Host Hotels & Resorts by 3.7% during the second quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock worth $1,391,737,000 after purchasing an additional 2,707,618 shares during the last quarter. State Street Corp grew its holdings in shares of Host Hotels & Resorts by 2.8% during the first quarter. State Street Corp now owns 45,819,298 shares of the real estate investment trust’s stock worth $854,991,000 after purchasing an additional 1,259,363 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Host Hotels & Resorts by 0.8% during the second quarter. Franklin Resources Inc. now owns 35,900,705 shares of the real estate investment trust’s stock worth $655,906,000 after purchasing an additional 280,260 shares during the last quarter. Finally, PGGM Investments grew its holdings in shares of Host Hotels & Resorts by 2.4% during the second quarter. PGGM Investments now owns 12,701,000 shares of the real estate investment trust’s stock worth $232,047,000 after purchasing an additional 301,000 shares during the last quarter.

Host Hotels & Resorts, Inc. (HST) traded up 0.22% during midday trading on Friday, hitting $18.33. The stock had a trading volume of 4,608,343 shares. Host Hotels & Resorts, Inc. has a 52 week low of $14.69 and a 52 week high of $20.21. The company’s 50 day moving average price is $18.06 and its 200-day moving average price is $18.25. The stock has a market capitalization of $13.57 billion, a price-to-earnings ratio of 22.69 and a beta of 1.33.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.36%. The ex-dividend date is Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio is 100.00%.

HST has been the topic of several research analyst reports. BidaskClub upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Zacks Investment Research upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Tuesday, July 4th. Royal Bank Of Canada restated a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 7th. Barclays PLC restated a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, July 28th. Finally, Robert W. Baird restated a “buy” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the company. The stock presently 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.

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

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