Exxonmobil Investment Management Inc. TX reduced its stake in shares of Host Hotels & Resorts Inc. (NYSE:HST) by 2.0% during the third quarter, Holdings Channel reports. The fund owned 189,582 shares of the company’s stock after selling 3,861 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Host Hotels & Resorts were worth $2,952,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at $489,000. Kentucky Retirement Systems bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at $1,030,000. KAMES CAPITAL plc bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at $1,944,000. Mason Street Advisors LLC bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at $1,632,000. Finally, CAPROCK Group Inc. bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at $991,000.

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

Shares of Host Hotels & Resorts Inc. (NYSE:HST) traded up 3.12% during mid-day trading on Wednesday, reaching $17.84. The company had a trading volume of 26,031,474 shares. The company has a 50 day moving average price of $16.02 and a 200 day moving average price of $16.42. The company has a market capitalization of $13.20 billion, a price-to-earnings ratio of 16.85 and a beta of 1.28. Host Hotels & Resorts Inc. has a one year low of $12.17 and a one year high of $18.56.

Host Hotels & Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Host Hotels & Resorts had a return on equity of 11.22% and a net margin of 14.72%. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the business posted $0.34 EPS. The business’s revenue was up .9% compared to the same quarter last year. On average, analysts anticipate that Host Hotels & Resorts Inc. will post $1.65 EPS for the current year.

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Several equities research analysts have recently weighed in on the company. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 price target (down previously from $15.00) on shares of Host Hotels & Resorts in a research note on Tuesday, November 15th. Cantor Fitzgerald set a $18.00 price target on Host Hotels & Resorts and gave the company a “buy” rating in a research note on Thursday, November 10th. Canaccord Genuity set a $18.00 price target on Host Hotels & Resorts and gave the company a “hold” rating in a research note on Wednesday, November 2nd. Nomura cut Host Hotels & Resorts from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $19.00 to $16.00 in a research note on Tuesday, October 25th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and set a $17.50 target price (down previously from $18.50) on shares of Host Hotels & Resorts in a research note on Friday, October 7th. Two equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $17.07.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust. The Company operates through hotel ownership segment. The Company owns properties and conducts operations through Host Hotels & Resorts, L.P., in which the Company holds approximately 99% of the partnership interests (OP units).

5 Day Chart for NYSE:HST

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