13,680 Shares in Host Hotels & Resorts, Inc. (NASDAQ:HST) Purchased by Verition Fund Management LLC

Verition Fund Management LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,680 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds also recently bought and sold shares of the stock. Cetera Advisors LLC lifted its holdings in Host Hotels & Resorts by 7.3% in the fourth quarter. Cetera Advisors LLC now owns 12,369 shares of the company’s stock worth $181,000 after purchasing an additional 837 shares during the period. Synovus Financial Corp lifted its holdings in Host Hotels & Resorts by 2.9% in the 4th quarter. Synovus Financial Corp now owns 32,893 shares of the company’s stock valued at $482,000 after acquiring an additional 929 shares during the last quarter. Cullen Capital Management LLC lifted its holdings in Host Hotels & Resorts by 9.2% in the 4th quarter. Cullen Capital Management LLC now owns 17,138 shares of the company’s stock valued at $251,000 after acquiring an additional 1,443 shares during the last quarter. Xponance Inc. lifted its holdings in Host Hotels & Resorts by 7.8% in the 4th quarter. Xponance Inc. now owns 30,903 shares of the company’s stock valued at $452,000 after acquiring an additional 2,231 shares during the last quarter. Finally, Hartford Investment Management Co. lifted its holdings in Host Hotels & Resorts by 3.3% in the 4th quarter. Hartford Investment Management Co. now owns 80,058 shares of the company’s stock valued at $1,171,000 after acquiring an additional 2,541 shares during the last quarter. 95.67% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have weighed in on HST. Wells Fargo & Company downgraded shares of Host Hotels & Resorts from an “overweight” rating to an “underweight” rating and set a $15.00 price target for the company. in a report on Thursday, December 10th. Morgan Stanley upped their price target on shares of Host Hotels & Resorts from $10.00 to $15.00 and gave the company an “equal weight” rating in a report on Wednesday, January 20th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “buy” rating in a report on Monday, February 22nd. Jefferies Financial Group restated a “hold” rating and set a $17.00 price objective on shares of Host Hotels & Resorts in a report on Monday, March 1st. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $11.50 to $17.50 in a report on Tuesday, December 15th. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and seven have assigned a buy rating to the company’s stock. Host Hotels & Resorts currently has an average rating of “Hold” and an average price target of $14.69.

Shares of HST opened at $17.52 on Thursday. The company has a market capitalization of $12.36 billion, a price-to-earnings ratio of -21.11 and a beta of 1.38. Host Hotels & Resorts, Inc. has a fifty-two week low of $9.06 and a fifty-two week high of $18.44. The company has a debt-to-equity ratio of 0.89, a current ratio of 31.40 and a quick ratio of 31.40. The business’s 50-day moving average is $16.88 and its 200-day moving average is $15.02.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Thursday, February 18th. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.33. Host Hotels & Resorts had a negative return on equity of 8.55% and a negative net margin of 21.88%. Equities research analysts expect that Host Hotels & Resorts, Inc. will post -0.36 earnings per share for the current fiscal year.

Host Hotels & 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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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

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