Ontario Teachers Pension Plan Board Has $5.72 Million Stake in Host Hotels and Resorts Inc (HST)

Ontario Teachers Pension Plan Board grew its stake in Host Hotels and Resorts Inc (NYSE:HST) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,865 shares of the real estate investment trust’s stock after acquiring an additional 3,531 shares during the period. Ontario Teachers Pension Plan Board’s holdings in Host Hotels and Resorts were worth $5,715,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Allianz Asset Management GmbH raised its position in Host Hotels and Resorts by 23.2% in the first quarter. Allianz Asset Management GmbH now owns 119,244 shares of the real estate investment trust’s stock worth $2,223,000 after acquiring an additional 22,461 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in shares of Host Hotels and Resorts by 37.8% in the second quarter. BNP Paribas Arbitrage SA now owns 395,048 shares of the real estate investment trust’s stock valued at $8,324,000 after buying an additional 108,320 shares in the last quarter. BTIM Corp. purchased a new position in shares of Host Hotels and Resorts in the second quarter valued at $2,709,000. Fort Washington Investment Advisors Inc. OH increased its position in shares of Host Hotels and Resorts by 18.1% in the second quarter. Fort Washington Investment Advisors Inc. OH now owns 44,300 shares of the real estate investment trust’s stock valued at $933,000 after buying an additional 6,800 shares in the last quarter. Finally, Piedmont Investment Advisors LLC increased its position in shares of Host Hotels and Resorts by 15.5% in the second quarter. Piedmont Investment Advisors LLC now owns 425,075 shares of the real estate investment trust’s stock valued at $8,956,000 after buying an additional 57,061 shares in the last quarter. Institutional investors own 98.93% of the company’s stock.

HST opened at $18.93 on Friday. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.55. The firm has a market cap of $14.05 billion, a P/E ratio of 11.20, a P/E/G ratio of 2.16 and a beta of 1.24. Host Hotels and Resorts Inc has a 52 week low of $17.93 and a 52 week high of $22.47.

Host Hotels and Resorts (NYSE:HST) last posted its quarterly earnings data on Thursday, November 1st. The real estate investment trust reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.08. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. Host Hotels and Resorts had a return on equity of 12.21% and a net margin of 15.91%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 earnings per share. Equities analysts predict that Host Hotels and Resorts Inc will post 1.75 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on the company. Wells Fargo & Co set a $22.00 price target on Host Hotels and Resorts and gave the company a “buy” rating in a research report on Tuesday, November 13th. Zacks Investment Research restated a “hold” rating on shares of Host Hotels and Resorts in a research report on Tuesday, November 13th. Robert W. Baird raised their price target on Host Hotels and Resorts from $21.00 to $22.00 and gave the company an “outperform” rating in a research report on Thursday, August 9th. Finally, Deutsche Bank set a $23.00 price target on Host Hotels and Resorts and gave the company a “buy” rating in a research report on Saturday, November 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have given a buy rating to the company’s stock. Host Hotels and Resorts presently has an average rating of “Buy” and an average target price of $21.93.

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Host Hotels and Resorts 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 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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