Eii Capital Management Inc. Has $3,591,000 Position in Host Hotels & Resorts, Inc. (HST)

Eii Capital Management Inc. boosted its stake in shares of Host Hotels & Resorts, Inc. (NYSE:HST) by 605.9% during the fourth quarter, Holdings Channel reports. The fund owned 190,600 shares of the company’s stock after buying an additional 163,600 shares during the period. Host Hotels & Resorts comprises approximately 1.1% of Eii Capital Management Inc.’s portfolio, making the stock its 29th largest position. Eii Capital Management Inc.’s holdings in Host Hotels & Resorts were worth $3,591,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of HST. ING Groep NV boosted its stake in Host Hotels & Resorts by 54.5% in the fourth quarter. ING Groep NV now owns 42,601 shares of the company’s stock valued at $799,000 after buying an additional 15,021 shares during the period. BlackRock Inc. boosted its stake in Host Hotels & Resorts by 8.9% in the second quarter. BlackRock Inc. now owns 4,090,315 shares of the company’s stock valued at $66,305,000 after buying an additional 335,256 shares during the period. DIAM Co. Ltd. boosted its stake in Host Hotels & Resorts by 6.6% in the second quarter. DIAM Co. Ltd. now owns 2,100,203 shares of the company’s stock valued at $33,735,000 after buying an additional 130,320 shares during the period. Everett Harris & Co. CA boosted its stake in Host Hotels & Resorts by 99.2% in the second quarter. Everett Harris & Co. CA now owns 163,575 shares of the company’s stock valued at $2,652,000 after buying an additional 81,475 shares during the period. Finally, Hanlon Investment Management Inc. bought a new stake in Host Hotels & Resorts during the second quarter valued at about $4,868,000.

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

Shares of Host Hotels & Resorts, Inc. (NYSE:HST) traded up 0.05% on Friday, reaching $18.36. 5,676,607 shares of the company’s stock were exchanged. The firm has a 50 day moving average of $18.36 and a 200 day moving average of $17.28. Host Hotels & Resorts, Inc. has a one year low of $14.30 and a one year high of $19.51. The firm has a market capitalization of $13.58 billion, a P/E ratio of 17.34 and a beta of 1.30.

The company also recently declared a special dividend, which was paid on Tuesday, January 17th. Investors of record on Friday, December 30th were paid a $0.05 dividend. The ex-dividend date was Wednesday, December 28th. This represents a yield of 4.21%. Host Hotels & Resorts’s dividend payout ratio is currently 74.77%.

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Several research firms have issued reports on HST. Zacks Investment Research raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research report on Tuesday, January 31st. Goldman Sachs Group, Inc. (The) cut shares of Host Hotels & Resorts from a “neutral” rating to a “sell” rating and boosted their price objective for the company from $15.00 to $16.00 in a research report on Thursday, January 19th. Canaccord Genuity reissued a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Wednesday, January 4th. Argus cut shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Thursday, December 15th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $14.00 price objective (down from $15.00) on shares of Host Hotels & Resorts in a research report on Tuesday, November 15th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company. Host Hotels & Resorts has a consensus rating of “Hold” and an average price target of $17.39.

In related news, CEO W Edward Walter sold 405,943 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, December 16th. The shares were sold at an average price of $18.93, for a total value of $7,684,500.99. Following the completion of the transaction, the chief executive officer now owns 79,420 shares in the company, valued at $1,503,420.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Richard E. Marriott sold 50,000 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, December 23rd. The stock was sold at an average price of $18.44, for a total transaction of $922,000.00. Following the completion of the transaction, the chairman now owns 5,365,245 shares of the company’s stock, valued at approximately $98,935,117.80. The disclosure for this sale can be found here. Insiders sold 724,629 shares of company stock valued at $13,725,013 in the last quarter. 1.90% of the stock is owned by insiders.

About Host Hotels & Resorts

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

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NYSE:HST).

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