Host Hotels and Resorts Inc (NYSE:HST) Shares Sold by Bridgeway Capital Management Inc.

Bridgeway Capital Management Inc. lowered its position in Host Hotels and Resorts Inc (NYSE:HST) by 10.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,130,200 shares of the real estate investment trust’s stock after selling 244,400 shares during the period. Bridgeway Capital Management Inc. owned approximately 0.30% of Host Hotels and Resorts worth $22,985,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. WASHINGTON TRUST Co acquired a new stake in Host Hotels and Resorts during the 2nd quarter valued at $28,000. NuWave Investment Management LLC acquired a new stake in Host Hotels and Resorts during the 2nd quarter valued at $45,000. CSat Investment Advisory L.P. grew its holdings in Host Hotels and Resorts by 64.6% during the 2nd quarter. CSat Investment Advisory L.P. now owns 4,992 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 1,959 shares during the last quarter. Bamco Inc. NY acquired a new stake in Host Hotels and Resorts during the 2nd quarter valued at $58,000. Finally, IFP Advisors Inc grew its holdings in Host Hotels and Resorts by 23.0% during the 2nd quarter. IFP Advisors Inc now owns 7,728 shares of the real estate investment trust’s stock valued at $83,000 after buying an additional 1,447 shares during the last quarter. Institutional investors and hedge funds own 96.21% of the company’s stock.

Shares of HST traded up $0.10 during trading hours on Tuesday, hitting $12.02. The stock had a trading volume of 10,404,500 shares, compared to its average volume of 12,042,328. The company has a debt-to-equity ratio of 0.68, a quick ratio of 23.29 and a current ratio of 23.29. The firm has a market cap of $8.41 billion, a P/E ratio of 101.58 and a beta of 1.24. The company’s fifty day simple moving average is $11.19 and its 200 day simple moving average is $11.46. Host Hotels and Resorts Inc has a 12-month low of $7.86 and a 12-month high of $18.90.

Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.50) earnings per share for the quarter, missing the consensus estimate of ($0.25) by ($0.25). The firm had revenue of $103.00 million during the quarter, compared to analysts’ expectations of $102.34 million. Host Hotels and Resorts had a return on equity of 1.30% and a net margin of 2.48%. As a group, sell-side analysts predict that Host Hotels and Resorts Inc will post -0.26 earnings per share for the current fiscal year.

A number of equities research analysts have commented on HST shares. Royal Bank of Canada lowered their target price on Host Hotels and Resorts from $13.00 to $12.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 8th. Wells Fargo & Company lowered their target price on Host Hotels and Resorts from $17.00 to $12.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Raymond James reduced their price target on Host Hotels and Resorts from $16.00 to $15.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. Capital One Financial lowered Host Hotels and Resorts from an “overweight” rating to an “equal weight” rating and set a $12.00 price target on the stock. in a research note on Monday, June 29th. Finally, BTIG Research reduced their price target on Host Hotels and Resorts from $14.50 to $16.00 in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Host Hotels and Resorts currently has an average rating of “Hold” and a consensus price target of $13.03.

About Host Hotels and Resorts

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.

See Also: Strangles

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

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