Schonfeld Strategic Advisors LLC acquired a new position in shares of Host Hotels and Resorts Inc (NYSE:HST) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 279,694 shares of the real estate investment trust’s stock, valued at approximately $3,018,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Blackstone Group Inc acquired a new stake in shares of Host Hotels and Resorts during the first quarter valued at about $380,992,000. PGGM Investments increased its position in shares of Host Hotels and Resorts by 171.0% during the second quarter. PGGM Investments now owns 23,465,817 shares of the real estate investment trust’s stock valued at $253,196,000 after acquiring an additional 14,807,329 shares during the last quarter. Cohen & Steers Inc. increased its position in shares of Host Hotels and Resorts by 43.3% during the first quarter. Cohen & Steers Inc. now owns 35,116,066 shares of the real estate investment trust’s stock valued at $387,681,000 after acquiring an additional 10,614,347 shares during the last quarter. Brookfield Asset Management Inc. purchased a new position in shares of Host Hotels and Resorts in the second quarter valued at approximately $83,363,000. Finally, Wellington Management Group LLP boosted its stake in shares of Host Hotels and Resorts by 29.0% in the first quarter. Wellington Management Group LLP now owns 20,648,319 shares of the real estate investment trust’s stock valued at $227,958,000 after purchasing an additional 4,641,012 shares during the period. Hedge funds and other institutional investors own 96.21% of the company’s stock.

Shares of Host Hotels and Resorts stock opened at $11.15 on Friday. The firm’s fifty day simple moving average is $11.30 and its 200-day simple moving average is $11.40. The stock has a market capitalization of $7.86 billion, a price-to-earnings ratio of 92.92 and a beta of 1.24. Host Hotels and Resorts Inc has a 12 month low of $7.86 and a 12 month high of $18.90. The company has a debt-to-equity ratio of 0.68, a current ratio of 23.29 and a quick ratio of 23.29.

Host Hotels and Resorts (NYSE:HST) last announced its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.50) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.25). The business had revenue of $103.00 million during the quarter, compared to analyst estimates of $102.34 million. Host Hotels and Resorts had a net margin of 2.48% and a return on equity of 1.30%. Analysts anticipate that Host Hotels and Resorts Inc will post -0.26 earnings per share for the current year.

Several research analysts have recently commented on the stock. Capital One Financial lowered shares of Host Hotels and Resorts from an “overweight” rating to an “equal weight” rating and set a $12.00 price objective for the company. in a research note on Monday, June 29th. SunTrust Banks downgraded shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research note on Friday, July 24th. Wells Fargo & Company decreased their price target on shares of Host Hotels and Resorts from $17.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, July 22nd. TheStreet downgraded shares of Host Hotels and Resorts from a “c” rating to a “d+” rating in a research note on Thursday, July 30th. Finally, BTIG Research decreased their price target on shares of Host Hotels and Resorts from $14.50 to $16.00 in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $13.03.

Host Hotels and Resorts Company 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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