Hahn Capital Management LLC reduced its position in Host Hotels and Resorts Inc (NYSE:HST) by 10.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 909,409 shares of the real estate investment trust’s stock after selling 111,155 shares during the period. Host Hotels and Resorts comprises 2.2% of Hahn Capital Management LLC’s investment portfolio, making the stock its 23rd biggest position. Hahn Capital Management LLC owned approximately 0.12% of Host Hotels and Resorts worth $19,161,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CIBC Asset Management Inc increased its position in Host Hotels and Resorts by 3.6% during the second quarter. CIBC Asset Management Inc now owns 70,668 shares of the real estate investment trust’s stock worth $1,489,000 after buying an additional 2,450 shares in the last quarter. Sawtooth Solutions LLC increased its position in Host Hotels and Resorts by 12.3% during the second quarter. Sawtooth Solutions LLC now owns 23,508 shares of the real estate investment trust’s stock worth $495,000 after buying an additional 2,569 shares in the last quarter. Federated Investors Inc. PA increased its position in Host Hotels and Resorts by 4.0% during the second quarter. Federated Investors Inc. PA now owns 67,542 shares of the real estate investment trust’s stock worth $1,423,000 after buying an additional 2,570 shares in the last quarter. Cynosure Advisors LLC increased its position in Host Hotels and Resorts by 19.4% during the second quarter. Cynosure Advisors LLC now owns 16,358 shares of the real estate investment trust’s stock worth $345,000 after buying an additional 2,659 shares in the last quarter. Finally, BDO Wealth Advisors LLC increased its position in Host Hotels and Resorts by 8.9% during the first quarter. BDO Wealth Advisors LLC now owns 34,233 shares of the real estate investment trust’s stock worth $638,000 after buying an additional 2,808 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

HST stock opened at $21.57 on Monday. Host Hotels and Resorts Inc has a 52-week low of $17.93 and a 52-week high of $22.47. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.33 and a current ratio of 3.33. The firm has a market cap of $15.83 billion, a PE ratio of 12.76, a price-to-earnings-growth ratio of 2.44 and a beta of 1.24.

Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings data on Tuesday, August 7th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.23). Host Hotels and Resorts had a return on equity of 9.27% and a net margin of 12.05%. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.49 billion. equities research analysts predict that Host Hotels and Resorts Inc will post 1.75 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.71%. Host Hotels and Resorts’s dividend payout ratio (DPR) is 47.34%.

Several equities analysts have weighed in on HST shares. Zacks Investment Research downgraded Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Monday, August 13th. ValuEngine downgraded Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Monday, June 11th. Barclays raised their price target on Host Hotels and Resorts from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Friday, June 1st. Robert W. Baird raised their price target on Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, August 9th. Finally, Jefferies Financial Group started coverage on Host Hotels and Resorts in a research report on Thursday, May 31st. They set a “hold” rating and a $22.00 price target for the company. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $21.87.

Host Hotels and Resorts Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 89 properties in the United States and six properties internationally totaling approximately 52,500 rooms.

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

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