Host Hotels & Resorts, Inc. (NASDAQ:HST) Position Reduced by UBS Group AG

UBS Group AG reduced its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) by 21.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 741,433 shares of the company’s stock after selling 200,962 shares during the quarter. UBS Group AG’s holdings in Host Hotels & Resorts were worth $11,900,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Host Hotels & Resorts by 2.6% during the third quarter. Vanguard Group Inc. now owns 118,635,189 shares of the company’s stock worth $1,883,928,000 after buying an additional 2,982,363 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Host Hotels & Resorts by 1.8% in the 3rd quarter. BlackRock Inc. now owns 72,613,291 shares of the company’s stock worth $1,153,101,000 after acquiring an additional 1,255,675 shares during the last quarter. State Street Corp raised its position in shares of Host Hotels & Resorts by 7.1% during the first quarter. State Street Corp now owns 49,154,706 shares of the company’s stock worth $956,516,000 after purchasing an additional 3,240,590 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Host Hotels & Resorts by 1.7% during the first quarter. Wellington Management Group LLP now owns 20,350,456 shares of the company’s stock valued at $395,409,000 after purchasing an additional 337,143 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Host Hotels & Resorts by 4.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 9,382,589 shares of the company’s stock valued at $182,304,000 after purchasing an additional 376,985 shares during the period. 97.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

HST has been the topic of several analyst reports. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Friday, May 5th. StockNews.com raised shares of Host Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, April 27th. Raymond James decreased their target price on Host Hotels & Resorts from $21.00 to $19.00 and set an “outperform” rating for the company in a research report on Wednesday, March 29th. Wells Fargo & Company dropped their price target on Host Hotels & Resorts from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Thursday, March 30th. Finally, Citigroup lowered their target price on Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Friday, March 3rd. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $20.86.

Host Hotels & Resorts Stock Down 1.6 %

Shares of HST stock opened at $17.07 on Monday. The company has a market capitalization of $12.14 billion, a price-to-earnings ratio of 15.24 and a beta of 1.29. The company has a debt-to-equity ratio of 0.61, a quick ratio of 5.44 and a current ratio of 5.44. The stock’s 50 day simple moving average is $16.42 and its 200 day simple moving average is $16.66. Host Hotels & Resorts, Inc. has a twelve month low of $14.51 and a twelve month high of $21.25.

About Host Hotels & Resorts

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Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.