New York State Common Retirement Fund decreased its position in Host Hotels & Resorts, Inc. (NYSE:HST) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,163,739 shares of the real estate investment trust’s stock after selling 84,610 shares during the period. New York State Common Retirement Fund owned about 0.29% of Host Hotels & Resorts worth $39,532,000 as of its most recent SEC filing.

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

Several equities analysts recently commented on the company. Boenning Scattergood reiterated a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday. Robert W. Baird reiterated a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, September 8th. BidaskClub downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Zacks Investment Research downgraded Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Finally, Barclays PLC reiterated a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, July 28th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and five have given a buy rating to the stock. Host Hotels & Resorts has a consensus rating of “Hold” and a consensus price target of $18.33.

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

Host Hotels & Resorts (NYSE:HST) last released its earnings results 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 company had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same quarter in the previous year, the company earned $0.49 EPS. Host Hotels & Resorts’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities analysts expect that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current year.

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

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About Host Hotels & Resorts

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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