New Mexico Educational Retirement Board Sells 4,400 Shares Of Host Hotels And Resorts Inc (HST)

Host Hotels and Resorts logoNew Mexico Educational Retirement Board cut its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 2.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 176,778 shares of the real estate investment trust’s stock after selling 4,400 shares during the period. New Mexico Educational Retirement Board’s holdings in Host Hotels and Resorts were worth $3,298,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the stock. Cadence Capital Management LLC raised its position in Host Hotels and Resorts by 60.6% in the fourth quarter. Cadence Capital Management LLC now owns 63,507 shares of the real estate investment trust’s stock valued at $1,196,000 after buying an additional 23,962 shares during the period. Credit Suisse AG raised its position in Host Hotels and Resorts by 12.6% in the third quarter. Credit Suisse AG now owns 3,289,338 shares of the real estate investment trust’s stock valued at $51,215,000 after buying an additional 369,027 shares during the period. Atria Investments LLC raised its position in Host Hotels and Resorts by 4.4% in the first quarter. Atria Investments LLC now owns 109,511 shares of the real estate investment trust’s stock valued at $2,043,000 after buying an additional 4,627 shares during the period. UBS Oconnor LLC bought a new position in Host Hotels and Resorts during the third quarter valued at approximately $10,690,000. Finally, Comerica Bank raised its position in Host Hotels and Resorts by 11.7% in the fourth quarter. Comerica Bank now owns 268,600 shares of the real estate investment trust’s stock valued at $4,905,000 after buying an additional 28,114 shares during the period.

Institutional Ownership by Quarter for Host Hotels and Resorts (NYSE:HST)

Host Hotels and Resorts Inc (NYSE:HST) traded up 0.33% on Friday, hitting $18.09. The stock had a trading volume of 6,847,236 shares. Host Hotels and Resorts Inc has a 1-year low of $14.43 and a 1-year high of $20.21. The firm has a market cap of $13.38 billion, a P/E ratio of 18.27 and a beta of 1.30. The firm’s 50-day moving average price is $18.34 and its 200-day moving average price is $18.06.

Host Hotels and Resorts (NYSE:HST) last posted its earnings results on Friday, April 28th. The real estate investment trust reported $0.44 EPS for the quarter, beating the consensus estimate of $0.39 by $0.05. Host Hotels and Resorts had a return on equity of 11.22% and a net margin of 14.72%. The company had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the business earned $0.41 earnings per share. The firm’s revenue for the quarter was up .7% on a year-over-year basis. On average, equities research analysts predict that Host Hotels and Resorts Inc will post $0.77 earnings per share for the current year.

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Several equities analysts recently commented on HST shares. Goldman Sachs Group Inc lowered Host Hotels and Resorts from a “neutral” rating to a “sell” rating and boosted their price target for the stock from $15.00 to $16.00 in a research report on Thursday, January 19th. Zacks Investment Research lowered Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research report on Wednesday, February 15th. Barclays PLC set a $19.00 target price on Host Hotels and Resorts and gave the company a “hold” rating in a research report on Tuesday, February 14th. Evercore ISI lowered Host Hotels and Resorts from a “hold” rating to an “underperform” rating in a research report on Friday, March 3rd. Finally, Royal Bank of Canada reaffirmed a “hold” rating and issued a $20.00 target price on shares of Host Hotels and Resorts in a research report on Friday, February 24th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the stock. Host Hotels and Resorts presently has an average rating of “Hold” and a consensus price target of $18.02.

In related news, insider Nathan S. Tyrrell sold 31,147 shares of the business’s stock in a transaction that occurred on Tuesday, February 28th. The stock was sold at an average price of $18.01, for a total value of $560,957.47. Following the completion of the sale, the insider now directly owns 93,231 shares in the company, valued at $1,679,090.31. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Minaz Abji sold 110,085 shares of the company’s stock in a transaction on Wednesday, March 1st. The stock was sold at an average price of $18.43, for a total value of $2,028,866.55. Following the sale, the executive vice president now owns 231,873 shares of the company’s stock, valued at $4,273,419.39. The disclosure for this sale can be found here. Insiders sold 223,992 shares of company stock worth $4,101,521 in the last ninety days. 1.90% of the stock is owned by company insiders.

Host Hotels and Resorts Company Profile

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.

5 Day Chart for NYSE:HST

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