Todays Report: Today, Retirement Systems of Alabama Sold shares of Host Hotels & Resorts Inc. (HST)

Today, Retirement Systems of Alabama Sold shares of Host Hotels & Resorts Inc. (HST)

Retirement Systems of Alabama cut its position in Host Hotels & Resorts Inc. (NYSE:HST) by 0.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,098,028 shares of the company’s stock after selling 5,461 shares during the period. Retirement Systems of Alabama owned approximately 0.15% of Host Hotels & Resorts worth $17,096,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Host Hotels & Resorts by 12.9% in the second quarter. Vanguard Group Inc. now owns 126,656,636 shares of the company’s stock worth $2,053,104,000 after buying an additional 14,431,445 shares in the last quarter. FMR LLC raised its position in shares of Host Hotels & Resorts by 9.5% in the second quarter. FMR LLC now owns 49,457,120 shares of the company’s stock worth $801,699,000 after buying an additional 4,291,443 shares in the last quarter. State Street Corp raised its position in shares of Host Hotels & Resorts by 0.4% in the second quarter. State Street Corp now owns 43,700,383 shares of the company’s stock worth $708,387,000 after buying an additional 182,404 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Host Hotels & Resorts by 1,605.4% in the second quarter. Franklin Resources Inc. now owns 25,831,665 shares of the company’s stock worth $418,731,000 after buying an additional 24,316,931 shares in the last quarter. Finally, BlackRock Fund Advisors raised its position in shares of Host Hotels & Resorts by 1.7% in the second quarter. BlackRock Fund Advisors now owns 22,166,468 shares of the company’s stock worth $359,318,000 after buying an additional 379,172 shares in the last quarter.

Shares of Host Hotels & Resorts Inc. (NYSE:HST) traded up 0.30% on Friday, hitting $16.94. The stock had a trading volume of 2,057,025 shares. The company has a 50-day moving average of $15.81 and a 200-day moving average of $16.38. The company has a market cap of $12.53 billion, a P/E ratio of 16.00 and a beta of 1.28. Host Hotels & Resorts Inc. has a 52-week low of $12.17 and a 52-week high of $18.56.

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

A number of equities analysts have recently issued reports on the company. Canaccord Genuity reiterated a “hold” rating and issued a $18.00 price objective on shares of Host Hotels & Resorts in a report on Tuesday, August 16th. Argus upped their price objective on Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, August 24th. Cantor Fitzgerald set a $18.00 price objective on Host Hotels & Resorts and gave the stock a “buy” rating in a report on Thursday, November 10th. Citigroup Inc. upped their price objective on Host Hotels & Resorts from $17.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, August 11th. Finally, BTIG Research assumed coverage on Host Hotels & Resorts in a report on Thursday, August 25th. They issued a “neutral” rating for the company. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $17.07.

About Host Hotels & Resorts

Related posts

Leave a Comment