Profund Advisors LLC raised its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 21.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,282 shares of the real estate investment trust’s stock after acquiring an additional 8,505 shares during the period. Profund Advisors LLC’s holdings in Host Hotels & Resorts were worth $864,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Harbour Capital Advisors LLC boosted its holdings in Host Hotels & Resorts by 1,727.0% during the second quarter. Harbour Capital Advisors LLC now owns 3,727 shares of the real estate investment trust’s stock valued at $204,000 after acquiring an additional 3,523 shares during the period. Muzinich & Co. Inc. bought a new stake in Host Hotels & Resorts during the first quarter valued at about $127,000. Global X Management Co. LLC boosted its holdings in Host Hotels & Resorts by 34.7% during the first quarter. Global X Management Co. LLC now owns 9,931 shares of the real estate investment trust’s stock valued at $185,000 after acquiring an additional 2,556 shares during the period. Cambridge Investment Research Advisors Inc. bought a new stake in Host Hotels & Resorts during the second quarter valued at about $190,000. Finally, Meeder Asset Management Inc. bought a new stake in Host Hotels & Resorts during the first quarter valued at about $194,000.

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Host Hotels & Resorts, Inc. (HST) opened at 18.33 on Friday. The stock’s 50 day moving average is $18.06 and its 200-day moving average is $18.25. The firm has a market cap of $13.57 billion, a price-to-earnings ratio of 22.69 and a beta of 1.33. Host Hotels & Resorts, Inc. has a 12 month low of $14.69 and a 12 month high of $20.21.

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

The business also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Friday, September 29th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.36%. The ex-dividend date of this dividend is Thursday, September 28th. Host Hotels & Resorts’s payout ratio is 100.00%.

HST has been the subject of a number of recent analyst reports. Boenning Scattergood restated a “buy” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday. Robert W. Baird restated a “buy” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday, September 8th. Zacks Investment Research upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, July 4th. BidaskClub upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating in a report on Wednesday, June 21st. Finally, Barclays PLC restated a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a report on Friday, July 28th. One 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. The company has an average rating of “Hold” and an average price target of $18.33.

Host Hotels & Resorts 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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