Host Hotels and Resorts Inc (HST) Holdings Increased by Westwood Holdings Group Inc.

Westwood Holdings Group Inc. raised its holdings in Host Hotels and Resorts Inc (NYSE:HST) by 7.6% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,138 shares of the real estate investment trust’s stock after acquiring an additional 3,125 shares during the period. Westwood Holdings Group Inc.’s holdings in Host Hotels and Resorts were worth $823,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. We Are One Seven LLC purchased a new stake in shares of Host Hotels and Resorts in the 4th quarter valued at about $112,000. Lee Financial Co purchased a new stake in shares of Host Hotels and Resorts in the 1st quarter valued at about $120,000. Jacobi Capital Management LLC raised its holdings in shares of Host Hotels and Resorts by 104.3% during the 1st quarter. Jacobi Capital Management LLC now owns 8,911 shares of the real estate investment trust’s stock valued at $163,000 after buying an additional 4,549 shares in the last quarter. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of Host Hotels and Resorts during the 4th quarter valued at about $188,000. Finally, Koch Industries Inc. purchased a new position in shares of Host Hotels and Resorts during the 4th quarter valued at about $209,000. 98.68% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Walter C. Rakowich sold 2,757 shares of Host Hotels and Resorts stock in a transaction that occurred on Friday, May 18th. The stock was sold at an average price of $20.40, for a total transaction of $56,242.80. Following the sale, the director now directly owns 37,232 shares in the company, valued at $759,532.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Walter C. Rakowich sold 2,254 shares of Host Hotels and Resorts stock in a transaction that occurred on Monday, May 14th. The shares were sold at an average price of $20.80, for a total value of $46,883.20. Following the sale, the director now owns 27,459 shares in the company, valued at $571,147.20. The disclosure for this sale can be found here. Insiders have sold 63,312 shares of company stock worth $1,304,804 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Shares of HST stock opened at $21.46 on Wednesday. The company has a market capitalization of $15.99 billion, a PE ratio of 12.92, a price-to-earnings-growth ratio of 2.52 and a beta of 1.28. Host Hotels and Resorts Inc has a fifty-two week low of $17.26 and a fifty-two week high of $22.47. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.01 and a current ratio of 2.01.

Host Hotels and Resorts (NYSE:HST) last issued its quarterly earnings data on Wednesday, May 2nd. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.06). Host Hotels and Resorts had a return on equity of 9.29% and a net margin of 12.24%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the prior year, the business posted $0.44 earnings per share. Host Hotels and Resorts’s quarterly revenue was down .1% compared to the same quarter last year. research analysts forecast that Host Hotels and Resorts Inc will post 1.71 earnings per share for the current year.

A number of brokerages recently weighed in on HST. Goldman Sachs Group cut Host Hotels and Resorts from a “neutral” rating to a “sell” rating and set a $20.00 price objective on the stock. in a report on Sunday. Jefferies Financial Group began coverage on Host Hotels and Resorts in a report on Thursday, May 31st. They set a “hold” rating and a $22.00 price objective on the stock. Barclays raised their price objective on Host Hotels and Resorts from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Friday, June 1st. ValuEngine cut Host Hotels and Resorts from a “buy” rating to a “hold” rating in a report on Monday. Finally, Zacks Investment Research raised Host Hotels and Resorts from a “hold” rating to a “buy” rating and set a $24.00 price objective on the stock in a report on Friday, May 25th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $21.71.

Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 and Fortune 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 87 properties in the United States and six properties internationally totaling approximately 52,000 rooms.

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels and Resorts Inc (NYSE:HST).

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

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply