Host Hotels and Resorts Inc (HST) : Dynamic Advisors Solutions added new position in Host Hotels and Resorts Inc during the most recent quarter end. The investment management firm now holds 224,030 shares of Host Hotels and Resorts Inc which is valued at $3,515,031 , the company said in a statement filed on Oct 11, 2016 with the SEC.Host Hotels and Resorts Inc makes up approximately 1.34% of Dynamic Advisors Solutions’s portfolio.
Other Hedge Funds, Including , Lgt Capital Partners Ltd. boosted its stake in HST in the latest quarter, The investment management firm added 88,900 additional shares and now holds a total of 455,790 shares of Host Hotels and Resorts Inc which is valued at $7,151,345. Host Hotels and Resorts Inc makes up approx 1.01% of Lgt Capital Partners Ltd.’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in HST by selling 3,861 shares or 2.0% in the most recent quarter. The Hedge Fund company now holds 189,582 shares of HST which is valued at $2,936,625. Host Hotels and Resorts Inc makes up approx 0.06% of Exxonmobil Investment Management Inc Tx’s portfolio.Chevy Chase Trust Holdings reduced its stake in HST by selling 24,518 shares or 3.77% in the most recent quarter. The Hedge Fund company now holds 625,605 shares of HST which is valued at $9,640,573. Host Hotels and Resorts Inc makes up approx 0.05% of Chevy Chase Trust Holdings’s portfolio.Bnp Paribas Arbitrage Sa reduced its stake in HST by selling 70,381 shares or 46.62% in the most recent quarter. The Hedge Fund company now holds 80,596 shares of HST which is valued at $1,241,984. Host Hotels and Resorts Inc makes up approx 0.01% of Bnp Paribas Arbitrage Sa’s portfolio.Washington Trust Bank boosted its stake in HST in the latest quarter, The investment management firm added 191 additional shares and now holds a total of 1,082 shares of Host Hotels and Resorts Inc which is valued at $16,674.
Host Hotels and Resorts Inc closed down -0.24 points or -1.53% at $15.45 with 92,46,488 shares getting traded on Tuesday. Post opening the session at $15.63, the shares hit an intraday low of $15.265 and an intraday high of $15.65 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Host Hotels and Resorts Inc reported $0.49 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $0.49. The company had revenue of $1459.00 million for the quarter, compared to analysts expectations of $1463.60 million. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
Many Wall Street Analysts have commented on Host Hotels and Resorts Inc. Host Hotels and Resorts Inc was Initiated by Goldman to “Neutral” on Sep 26, 2016. Shares were Downgraded by RBC Capital Mkts on Aug 1, 2016 to ” Sector Perform” and Lowered the Price Target to $ 18 from a previous price target of $19 .
Host Hotels & Resorts Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations through Host Hotels & Resorts L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units) as of December 31 2014. As of February 20 2015 the Companys lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59000 rooms with the majority located in the United States and with 17 of the properties located outside of the United States in Australia Brazil Canada Chile Mexico and New Zealand. In addition the Company owns non-controlling interests in two international joint ventures.