Ffcm LLC Has $1.43 Million Stake in Host Hotels & Resorts, Inc. (HST)

Ffcm LLC grew its holdings in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 83.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 77,259 shares of the real estate investment trust’s stock after buying an additional 35,092 shares during the quarter. Ffcm LLC’s holdings in Host Hotels & Resorts were worth $1,429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System boosted its holdings in shares of Host Hotels & Resorts by 1.1% in the second quarter. Louisiana State Employees Retirement System now owns 45,900 shares of the real estate investment trust’s stock valued at $839,000 after purchasing an additional 500 shares during the period. Quantitative Systematic Strategies LLC purchased a new stake in shares of Host Hotels & Resorts in the second quarter valued at approximately $196,000. Russell Investments Group Ltd. boosted its holdings in shares of Host Hotels & Resorts by 7.8% in the second quarter. Russell Investments Group Ltd. now owns 2,136,330 shares of the real estate investment trust’s stock valued at $39,086,000 after purchasing an additional 154,683 shares during the period. Paragon Capital Management Ltd purchased a new stake in shares of Host Hotels & Resorts in the second quarter valued at approximately $242,000. Finally, Sumitomo Mitsui Asset Management Company LTD boosted its holdings in shares of Host Hotels & Resorts by 15.3% in the second quarter. Sumitomo Mitsui Asset Management Company LTD now owns 768,378 shares of the real estate investment trust’s stock valued at $14,038,000 after purchasing an additional 101,792 shares during the period.

A number of analysts recently issued reports on the company. Cantor Fitzgerald reiterated a “buy” rating and issued a $21.00 price target on shares of Host Hotels & Resorts in a report on Monday, November 6th. Zacks Investment Research upgraded Host Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. Wells Fargo & Company upgraded Host Hotels & Resorts from a “market perform” rating to an “outperform” rating and set a $21.00 price target for the company in a report on Monday, November 6th. SunTrust Banks, Inc. reiterated a “hold” rating on shares of Host Hotels & Resorts in a report on Tuesday, October 17th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $19.00 price target on shares of Host Hotels & Resorts in a report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $19.96.

Shares of Host Hotels & Resorts, Inc. (HST) opened at $19.80 on Friday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $14,653.74, a price-to-earnings ratio of 11.86, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. Host Hotels & Resorts, Inc. has a twelve month low of $16.50 and a twelve month high of $20.23.

Host Hotels & Resorts (NYSE:HST) last posted its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.33. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. Host Hotels & Resorts had a return on equity of 8.44% and a net margin of 11.11%. Host Hotels & Resorts’s revenue was down 3.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.37 earnings per share. equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.66 EPS for the current year.

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Host Hotels & Resorts 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.

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

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