Host Hotels & Resorts, Inc. (HST) Shares Bought by Candriam Luxembourg S.C.A.

Candriam Luxembourg S.C.A. raised its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 421.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 376,399 shares of the real estate investment trust’s stock after buying an additional 304,235 shares during the period. Candriam Luxembourg S.C.A. owned 0.05% of Host Hotels & Resorts worth $6,877,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of HST. BlackRock Inc. increased its stake in shares of Host Hotels & Resorts by 2,288.8% in the first quarter. BlackRock Inc. now owns 73,468,578 shares of the real estate investment trust’s stock valued at $1,370,925,000 after buying an additional 70,393,061 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Host Hotels & Resorts by 193.4% in the first quarter. Ameriprise Financial Inc. now owns 5,453,923 shares of the real estate investment trust’s stock valued at $101,805,000 after buying an additional 3,595,166 shares during the period. Vanguard Group Inc. increased its stake in shares of Host Hotels & Resorts by 2.1% in the first quarter. Vanguard Group Inc. now owns 130,271,850 shares of the real estate investment trust’s stock valued at $2,430,872,000 after buying an additional 2,703,678 shares during the period. Daiwa Securities Group Inc. increased its stake in shares of Host Hotels & Resorts by 10.8% in the first quarter. Daiwa Securities Group Inc. now owns 22,053,711 shares of the real estate investment trust’s stock valued at $411,522,000 after buying an additional 2,149,679 shares during the period. Finally, Systematic Financial Management LP purchased a new stake in shares of Host Hotels & Resorts during the first quarter valued at about $36,899,000.

Shares of Host Hotels & Resorts, Inc. (NYSE HST) traded up 1.56% during midday trading on Wednesday, hitting $18.23. 4,745,873 shares of the company were exchanged. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The firm has a market cap of $13.49 billion, a P/E ratio of 22.56 and a beta of 1.33. The company’s 50 day moving average price is $18.34 and its 200 day moving average price is $18.30.

Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.03. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. The business had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the prior year, the business earned $0.49 EPS. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. Equities analysts expect that Host Hotels & Resorts, Inc. will post $0.79 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.39%. The ex-dividend date was Wednesday, June 28th. Host Hotels & Resorts’s dividend payout ratio is currently 100.00%.

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HST has been the subject of a number of recent analyst reports. Boenning Scattergood reissued a “hold” rating on shares of Host Hotels & Resorts in a research report on Friday, July 28th. BidaskClub downgraded shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Tuesday, July 11th. Zacks Investment Research raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a research report on Tuesday, July 4th. Barclays PLC reissued a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $20.00 price target on shares of Host Hotels & Resorts in a research report on Wednesday, June 7th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $18.44.

In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the business’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the sale, the executive vice president now directly owns 43,035 shares of the company’s stock, valued at approximately $818,095.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.70% of the company’s stock.

About Host Hotels & Resorts

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.