UBS Oconnor LLC purchased a new position in shares of Host Hotels and Resorts during the third quarter valued at about $10,690,000. Candriam Luxembourg S.C.A.'s holdings in Host Hotels and Resorts were worth $1,347,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the stock. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Credit Suisse AG boosted its stake in Host Hotels and Resorts by 12.6% in the third quarter. The Johnson Financial Group Inc holds 29,304 shares with $552,000 value, up from 4,844 last quarter. Atria Investments LLC increased its position in shares of Host Hotels and Resorts by 4.4% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp now owns 125,296 shares of the real estate investment trust's stock valued at $2,338,000 after buying an additional 53,507 shares during the last quarter. They expect $0.46 EPS, down 6.12% or $0.03 from last year's $0.49 per share. Host Hotels & Resorts had 48 analyst reports since July 31, 2015 according to SRatingsIntel.
Analysts gives Host Hotels and Resorts Inc (NYSE:HST) a mean recommendation of 2.80. (HST) traded with the volume of 5.56 Million shares while its average 3 months volume is at 8020 shares. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. Over the short term, some market observers may have noticed that Host Hotels & Resorts, Inc. has a 9.46% short float with 15 days to cover. The firm's 50 day moving average is $18.38 and its 200-day moving average is $17.99. Susquehanna Bancshares Inc began coverage on shares of Park Hotels & Resorts in a report on Wednesday, April 26th. The real estate investment trust reported $0.44 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.05. This Beta value of Host Hotels & Resorts, Inc.
The company reported an impressive total revenue of 5.43 Billion in the last fiscal year. During the same quarter previous year, the firm posted $0.41 EPS. The company's revenue for the quarter was up.7% on a year-over-year basis. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Host Hotels & Resorts, Inc.
The firm also recently announced a quarterly dividend, which will be paid on Monday, July 17th. It has a dividend yield of 6.77%. 110,085 shares were sold by ABJI MINAZ, worth $2.03M on Wednesday, March 1. Host Hotels and Resorts's dividend payout ratio (DPR) is now 74.77%. If you are accessing this news story on another website, it was copied illegally and republished in violation of USA and global copyright and trademark legislation. Host Hotels and Resorts Inc (NYSE:HST) has risen 6.00% since April 17, 2017 and is uptrending. JMP Securities maintained the shares of HST in report on Friday, April 7 with "Market Perform" rating. Analysts reported that the Price Target for Host Hotels & Resorts, Inc. might touch $21 high while the Average Price Target and Low price Target is $18.81 and $17 respectively.
On the last trading day, Host Hotels & Resorts, Inc. For our stock under consideration here, Host Hotels & Resorts, Inc. Zacks Investment Research upgraded Host Hotels and Resorts from a "hold" rating to a "buy" rating and set a $20.00 price objective on the stock in a research note on Tuesday, January 31st.
Analysts have a mean recommendation of 2.70 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has a consensus rating of "Hold" and an average price target of $18.02. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. The stock is expected to report revenue as high as $1.47B and as low as $1.4B per share. The sale was disclosed in a document filed with the SEC, which is accessible through this link. $561,064 worth of stock was sold by TYRRELL NATHAN S on Tuesday, February 28. The shares were sold at an average price of $18.25, for a total transaction of $278,385.50. Following the sale, the insider now directly owns 93,231 shares in the company, valued at approximately $1,679,090.31. The disclosure for this sale can be found here. The company has dropped -4.66% in past 3 months and in the last five trades has moved down -0.84%. Corporate insiders own 1.90% of the company's stock.
Park Hotels & Resorts Inc is a lodging real estate company. The Company operates through ownership segment, which includes all of its hotel properties.