Raymond James & Associates Increases Stock Position in Host Hotels & Resorts, Inc. (NASDAQ:HST)

Raymond James & Associates boosted its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Rating) by 28.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,618 shares of the company’s stock after acquiring an additional 51,598 shares during the period. Raymond James & Associates’ holdings in Host Hotels & Resorts were worth $3,782,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Profund Advisors LLC increased its stake in Host Hotels & Resorts by 4.2% in the fourth quarter. Profund Advisors LLC now owns 14,407 shares of the company’s stock valued at $231,000 after purchasing an additional 578 shares during the period. Czech National Bank increased its holdings in Host Hotels & Resorts by 0.8% in the fourth quarter. Czech National Bank now owns 83,720 shares of the company’s stock valued at $1,344,000 after buying an additional 663 shares in the last quarter. Ronald Blue Trust Inc. increased its holdings in Host Hotels & Resorts by 96.7% in the fourth quarter. Ronald Blue Trust Inc. now owns 1,617 shares of the company’s stock valued at $25,000 after buying an additional 795 shares in the last quarter. State of Michigan Retirement System grew its position in shares of Host Hotels & Resorts by 0.4% in the fourth quarter. State of Michigan Retirement System now owns 194,329 shares of the company’s stock valued at $3,119,000 after purchasing an additional 800 shares during the last quarter. Finally, Greenleaf Trust grew its position in shares of Host Hotels & Resorts by 1.9% in the fourth quarter. Greenleaf Trust now owns 43,896 shares of the company’s stock valued at $705,000 after purchasing an additional 836 shares during the last quarter. 97.07% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on HST. Wells Fargo & Company decreased their target price on shares of 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. Compass Point upgraded 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. Stifel Nicolaus decreased their target price on shares of Host Hotels & Resorts from $21.00 to $19.50 in a research report on Thursday, May 4th. StockNews.com assumed coverage on shares of Host Hotels & Resorts in a research report on Thursday, May 18th. They set a “hold” rating on the stock. Finally, Morgan Stanley lifted their price target on shares of Host Hotels & Resorts from $18.00 to $19.00 in a report on Friday, May 12th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $20.86.

Host Hotels & Resorts Trading Up 1.0 %

Host Hotels & Resorts stock opened at $16.73 on Friday. The company has a quick ratio of 5.44, a current ratio of 5.44 and a debt-to-equity ratio of 0.61. The firm has a 50-day moving average price of $16.72 and a two-hundred day moving average price of $16.51. The firm has a market capitalization of $11.90 billion, a price-to-earnings ratio of 14.94 and a beta of 1.29. Host Hotels & Resorts, Inc. has a 52-week low of $14.51 and a 52-week high of $21.25.

Host Hotels & Resorts Company Profile

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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.