Andra AP fonden Has $7.34 Million Holdings in Host Hotels and Resorts Inc (HST)

Andra AP fonden raised its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 13.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 347,700 shares of the real estate investment trust’s stock after acquiring an additional 40,100 shares during the period. Andra AP fonden’s holdings in Host Hotels and Resorts were worth $7,336,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. CIBC Asset Management Inc raised its stake in shares of Host Hotels and Resorts by 3.6% during the 2nd 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 raised its stake in shares of Host Hotels and Resorts by 12.3% during the 2nd 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 raised its stake in shares of Host Hotels and Resorts by 4.0% during the 2nd 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. Atria Investments LLC raised its stake in shares of Host Hotels and Resorts by 2.2% during the 3rd quarter. Atria Investments LLC now owns 121,340 shares of the real estate investment trust’s stock worth $2,560,000 after buying an additional 2,601 shares in the last quarter. Finally, Cynosure Advisors LLC raised its stake in shares of Host Hotels and Resorts by 19.4% during the 2nd 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. 99.43% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently issued reports on the company. Zacks Investment Research downgraded Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. Robert W. Baird increased their target price on Host Hotels and Resorts from $21.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company’s stock. Host Hotels and Resorts has an average rating of “Hold” and a consensus price target of $21.87.

HST opened at $19.10 on Friday. The company has a market capitalization of $14.34 billion, a P/E ratio of 11.30, a PEG ratio of 2.21 and a beta of 1.23. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.33 and a current ratio of 3.33. Host Hotels and Resorts Inc has a 1-year low of $17.93 and a 1-year high of $22.47.

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

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Investors of record on Friday, September 28th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date was Thursday, September 27th. Host Hotels and Resorts’s dividend payout ratio is currently 47.34%.

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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