Host Hotels & Resorts, Inc. (HST) Position Lessened by Balyasny Asset Management LLC

Balyasny Asset Management LLC lowered its stake in Host Hotels & Resorts, Inc. (NYSE:HST) by 39.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 353,315 shares of the real estate investment trust’s stock after selling 233,596 shares during the quarter. Balyasny Asset Management LLC’s holdings in Host Hotels & Resorts were worth $6,455,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of HST. QS Investors LLC raised its holdings in Host Hotels & Resorts by 31.6% during the 2nd quarter. QS Investors LLC now owns 84,916 shares of the real estate investment trust’s stock worth $1,551,000 after buying an additional 20,400 shares during the period. Carnegie Capital Asset Management LLC raised its holdings in Host Hotels & Resorts by 6.2% during the 2nd quarter. Carnegie Capital Asset Management LLC now owns 58,407 shares of the real estate investment trust’s stock worth $1,089,000 after buying an additional 3,427 shares during the period. Numeric Investors LLC raised its holdings in Host Hotels & Resorts by 110.6% during the 2nd quarter. Numeric Investors LLC now owns 575,600 shares of the real estate investment trust’s stock worth $10,516,000 after buying an additional 302,300 shares during the period. Bank of Hawaii raised its holdings in Host Hotels & Resorts by 77.8% during the 2nd quarter. Bank of Hawaii now owns 37,940 shares of the real estate investment trust’s stock worth $693,000 after buying an additional 16,600 shares during the period. Finally, Mckinley Capital Management LLC Delaware acquired a new stake in Host Hotels & Resorts during the 2nd quarter worth about $100,000.

Shares of Host Hotels & Resorts, Inc. (HST) opened at 19.40 on Tuesday. Host Hotels & Resorts, Inc. has a one year low of $14.69 and a one year high of $20.21. The stock’s 50 day moving average price is $18.32 and its 200 day moving average price is $18.30. The company has a market cap of $14.36 billion, a PE ratio of 24.01 and a beta of 1.33.

Host Hotels & Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, July 26th. The real estate investment trust reported $0.49 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the prior year, the company earned $0.49 earnings per share. Host Hotels & Resorts’s revenue was down 1.2% compared to the same quarter last year. Equities analysts predict that Host Hotels & Resorts, Inc. will post $0.78 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.12%. The ex-dividend date was Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 100.00%.

Several equities analysts have weighed in on HST shares. Zacks Investment Research cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Boenning Scattergood reissued a “buy” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, September 22nd. BidaskClub cut Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, August 11th. Deutsche Bank AG raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and boosted their price target for the company from $18.00 to $21.00 in a research note on Thursday, October 12th. Finally, Barclays PLC reaffirmed a “hold” rating and set a $20.00 target price on shares of Host Hotels & Resorts in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company. Host Hotels & Resorts has a consensus rating of “Hold” and a consensus target price of $18.77.

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Host Hotels & Resorts Profile

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.

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

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