Massachusetts Financial Services Co. MA Has $161.09 Million Holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Massachusetts Financial Services Co. MA raised its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 1.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,864,471 shares of the company’s stock after acquiring an additional 143,896 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Host Hotels & Resorts were worth $161,087,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Berman Capital Advisors LLC lifted its stake in Host Hotels & Resorts by 161.1% in the second quarter. Berman Capital Advisors LLC now owns 2,444 shares of the company’s stock valued at $41,000 after buying an additional 1,508 shares during the period. Private Capital Group LLC increased its holdings in shares of Host Hotels & Resorts by 19.3% during the third quarter. Private Capital Group LLC now owns 3,977 shares of the company’s stock valued at $65,000 after acquiring an additional 642 shares in the last quarter. NuWave Investment Management LLC increased its holdings in shares of Host Hotels & Resorts by 31.5% during the third quarter. NuWave Investment Management LLC now owns 4,731 shares of the company’s stock valued at $77,000 after acquiring an additional 1,133 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at approximately $103,000. Finally, Sentry Investment Management LLC increased its holdings in shares of Host Hotels & Resorts by 1,599.7% during the third quarter. Sentry Investment Management LLC now owns 6,748 shares of the company’s stock valued at $110,000 after acquiring an additional 6,351 shares in the last quarter. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have recently commented on the company. Truist Securities boosted their price objective on Host Hotels & Resorts from $16.00 to $18.00 and gave the company a “hold” rating in a report on Friday, December 3rd. Wells Fargo & Company upgraded Host Hotels & Resorts from an “underweight” rating to an “equal weight” rating and set a $18.00 price target for the company in a report on Monday, October 18th. The Goldman Sachs Group upgraded Host Hotels & Resorts from a “sell” rating to a “neutral” rating and upped their price target for the stock from $17.00 to $18.00 in a report on Tuesday, December 14th. Truist upped their price target on Host Hotels & Resorts from $16.00 to $18.00 and gave the stock a “hold” rating in a report on Friday, December 3rd. Finally, TheStreet upgraded Host Hotels & Resorts from a “d+” rating to a “c-” rating in a report on Wednesday, October 27th. Six investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $19.04.

Shares of NASDAQ HST opened at $17.94 on Friday. Host Hotels & Resorts, Inc. has a one year low of $13.16 and a one year high of $19.02. The company has a quick ratio of 12.04, a current ratio of 12.04 and a debt-to-equity ratio of 0.91. The business’s fifty day moving average price is $17.10 and its 200-day moving average price is $16.66.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 3rd. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.31). Host Hotels & Resorts had a negative net margin of 18.30% and a negative return on equity of 6.36%. During the same period in the previous year, the firm posted ($0.11) EPS. As a group, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 0.46 EPS for the current fiscal year.

In other news, CEO James F. Risoleo sold 7,110 shares of the company’s stock in a transaction on Wednesday, December 22nd. The stock was sold at an average price of $17.15, for a total transaction of $121,936.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 1.20% of the stock is owned by corporate insiders.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the Hotel Ownership segment. Its properties are located in U.S., Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.

Read More: Does a trade war provide a risk to the global economy?

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 & Resorts, Inc. (NASDAQ:HST).

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

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