Trade Report: Today, Arizona State Retirement System Sold shares of Host Hotels & Resorts Inc. (HST)

Today, Arizona State Retirement System Sold shares of Host Hotels & Resorts Inc. (HST)

Arizona State Retirement System reduced its position in shares of Host Hotels & Resorts Inc. (NYSE:HST) by 0.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 182,880 shares of the company’s stock after selling 400 shares during the period. Arizona State Retirement System’s holdings in Host Hotels & Resorts were worth $2,847,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of HST. Sei Investments Co. raised its stake in shares of Host Hotels & Resorts by 3.0% in the second quarter. Sei Investments Co. now owns 1,733,391 shares of the company’s stock worth $28,098,000 after buying an additional 49,686 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in shares of Host Hotels & Resorts by 2.8% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 233,903 shares of the company’s stock worth $3,792,000 after buying an additional 6,383 shares in the last quarter. Huntington National Bank raised its stake in shares of Host Hotels & Resorts by 522.2% in the third quarter. Huntington National Bank now owns 18,865 shares of the company’s stock worth $293,000 after buying an additional 15,833 shares in the last quarter. Hanlon Investment Management Inc. bought a new stake in shares of Host Hotels & Resorts during the second quarter worth $4,868,000. Finally, Mn Services Vermogensbeheer B.V. raised its stake in shares of Host Hotels & Resorts by 2.1% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 19,005 shares of the company’s stock worth $277,000 after buying an additional 392 shares in the last quarter.

Host Hotels & Resorts Inc. (NYSE:HST) traded up 0.30% during midday trading on Friday, reaching $16.94. 2,057,025 shares of the company’s stock traded hands. Host Hotels & Resorts Inc. has a 52-week low of $12.17 and a 52-week high of $18.56. The stock has a market cap of $12.53 billion, a P/E ratio of 16.00 and a beta of 1.28. The company’s 50-day moving average price is $15.86 and its 200-day moving average price is $16.39.

Host Hotels & Resorts (NYSE:HST) last released its earnings results on Wednesday, November 2nd. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.01. Host Hotels & Resorts had a net margin of 14.72% and a return on equity of 11.22%. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the firm earned $0.34 EPS. The firm’s quarterly revenue was up .9% compared to the same quarter last year. On average, equities analysts predict that Host Hotels & Resorts Inc. will post $1.65 EPS for the current fiscal year.

A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Monday, October 3rd. Goldman Sachs Group Inc. assumed coverage on shares of Host Hotels & Resorts in a report on Monday, September 26th. They set a “neutral” rating and a $15.00 price target on the stock. Nomura lowered shares of Host Hotels & Resorts from a “buy” rating to a “neutral” rating and cut their price target for the stock from $19.00 to $16.00 in a report on Tuesday, October 25th. Stifel Nicolaus reiterated a “buy” rating and set a $17.50 price target (down previously from $18.50) on shares of Host Hotels & Resorts in a report on Friday, October 7th. Finally, Argus lifted their price target on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, August 24th. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. Host Hotels & Resorts presently has an average rating of “Hold” and a consensus price target of $17.07.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

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