State of Wisconsin Investment Board Has $17.26 Million Holdings in Host Hotels & Resorts, Inc. (HST)

State of Wisconsin Investment Board boosted its position in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 4.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 933,189 shares of the real estate investment trust’s stock after acquiring an additional 40,628 shares during the quarter. State of Wisconsin Investment Board owned 0.13% of Host Hotels & Resorts worth $17,255,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its position in Host Hotels & Resorts by 0.6% during the second quarter. Vanguard Group Inc. now owns 131,114,755 shares of the real estate investment trust’s stock worth $2,395,467,000 after acquiring an additional 842,905 shares in the last quarter. BlackRock Inc. raised its position in shares of Host Hotels & Resorts by 3.7% in the second quarter. BlackRock Inc. now owns 76,176,196 shares of the real estate investment trust’s stock valued at $1,391,737,000 after purchasing an additional 2,707,618 shares during the period. Franklin Resources Inc. raised its position in shares of Host Hotels & Resorts by 0.8% in the second quarter. Franklin Resources Inc. now owns 35,900,705 shares of the real estate investment trust’s stock valued at $655,906,000 after purchasing an additional 280,260 shares during the period. PGGM Investments grew its stake in shares of Host Hotels & Resorts by 2.4% in the second quarter. PGGM Investments now owns 12,701,000 shares of the real estate investment trust’s stock valued at $232,047,000 after acquiring an additional 301,000 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Host Hotels & Resorts by 2.5% in the second quarter. Northern Trust Corp now owns 12,678,085 shares of the real estate investment trust’s stock valued at $231,628,000 after acquiring an additional 309,518 shares in the last quarter.

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Host Hotels & Resorts, Inc. (HST) opened at $19.99 on Monday. The company has a market capitalization of $14,794.36, a PE ratio of 11.97, a PEG ratio of 2.41 and a beta of 1.29. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. Host Hotels & Resorts, Inc. has a twelve month low of $15.99 and a twelve month high of $20.23.

Host Hotels & Resorts (NYSE:HST) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.33. Host Hotels & Resorts had a return on equity of 8.44% and a net margin of 11.11%. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm earned $0.37 earnings per share. Host Hotels & Resorts’s revenue for the quarter was down 3.2% on a year-over-year basis. research analysts forecast that Host Hotels & Resorts, Inc. will post 1.66 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, October 16th. Investors of record on Friday, September 29th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.00%. Host Hotels & Resorts’s dividend payout ratio is presently 100.00%.

A number of brokerages recently issued reports on HST. Boenning Scattergood upgraded shares of Host Hotels & Resorts from a “neutral” rating to an “outperform” rating and set a $20.00 price objective for the company in a report on Thursday, August 24th. Deutsche Bank AG upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and raised their price target for the stock from $18.00 to $21.00 in a report on Thursday, October 12th. SunTrust Banks, Inc. restated a “hold” rating on shares of Host Hotels & Resorts in a report on Tuesday, October 17th. 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. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $20.50 price objective on shares of Host Hotels & Resorts in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $19.50.

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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