Rhumbline Advisers trimmed its holdings in shares of Host Hotels and Resorts Inc (NYSE:HST) by 2.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,416,685 shares of the real estate investment trust’s stock after selling 39,645 shares during the quarter. Rhumbline Advisers owned about 0.19% of Host Hotels and Resorts worth $29,892,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also bought and sold shares of HST. Bank of Montreal Can grew its position in Host Hotels and Resorts by 74.0% during the third quarter. Bank of Montreal Can now owns 8,085,011 shares of the real estate investment trust’s stock worth $170,594,000 after buying an additional 3,438,306 shares in the last quarter. Heitman Real Estate Securities LLC purchased a new position in shares of Host Hotels and Resorts in the 2nd quarter worth about $43,023,000. Glenmede Trust Co. NA boosted its holdings in shares of Host Hotels and Resorts by 761.1% in the 2nd quarter. Glenmede Trust Co. NA now owns 2,146,084 shares of the real estate investment trust’s stock worth $45,218,000 after purchasing an additional 1,896,862 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Host Hotels and Resorts by 41.3% in the 2nd quarter. LSV Asset Management now owns 6,047,906 shares of the real estate investment trust’s stock worth $127,429,000 after purchasing an additional 1,769,229 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Host Hotels and Resorts by 628.5% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 2,046,384 shares of the real estate investment trust’s stock worth $43,116,000 after purchasing an additional 1,765,477 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

NYSE HST opened at $19.18 on Wednesday. Host Hotels and Resorts Inc has a 1-year low of $17.93 and a 1-year high of $22.47. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.32 and a quick ratio of 5.32. The stock has a market capitalization of $14.21 billion, a PE ratio of 11.35, a P/E/G ratio of 2.18 and a beta of 1.24.

Host Hotels and Resorts (NYSE:HST) last released its earnings results on Thursday, November 1st. The real estate investment trust reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.08. Host Hotels and Resorts had a return on equity of 12.21% and a net margin of 15.91%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the company posted $0.33 EPS. Host Hotels and Resorts’s revenue for the quarter was up 3.6% on a year-over-year basis. Equities research analysts forecast that Host Hotels and Resorts Inc will post 1.75 earnings per share for the current year.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research upgraded Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a report on Tuesday, July 31st. Robert W. Baird upped their price objective on Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Thursday, August 9th. Wells Fargo & Co set a $22.00 price objective on Host Hotels and Resorts and gave the stock a “buy” rating in a report on Tuesday, November 13th. Finally, Deutsche Bank set a $23.00 price objective on Host Hotels and Resorts and gave the stock a “buy” rating in a report on Saturday, November 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $21.93.

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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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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