FDx Advisors Inc. Has $428,000 Position in Host Hotels and Resorts Inc (HST)

FDx Advisors Inc. increased its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 32.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,279 shares of the real estate investment trust’s stock after purchasing an additional 4,965 shares during the quarter. FDx Advisors Inc.’s holdings in Host Hotels and Resorts were worth $428,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. San Francisco Sentry Investment Group CA raised its stake in Host Hotels and Resorts by 2,290.9% in the third quarter. San Francisco Sentry Investment Group CA now owns 6,575 shares of the real estate investment trust’s stock valued at $139,000 after buying an additional 6,300 shares during the last quarter. SRS Capital Advisors Inc. acquired a new position in shares of Host Hotels and Resorts in the third quarter valued at about $246,000. Hexavest Inc. increased its holdings in shares of Host Hotels and Resorts by 26.6% in the third quarter. Hexavest Inc. now owns 12,754 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 2,677 shares during the period. Cadence Bank NA increased its holdings in shares of Host Hotels and Resorts by 60.1% in the third quarter. Cadence Bank NA now owns 15,382 shares of the real estate investment trust’s stock valued at $325,000 after purchasing an additional 5,772 shares during the period. Finally, Qube Research & Technologies Ltd increased its holdings in shares of Host Hotels and Resorts by 89.5% in the second quarter. Qube Research & Technologies Ltd now owns 15,505 shares of the real estate investment trust’s stock valued at $327,000 after purchasing an additional 7,324 shares during the period. Hedge funds and other institutional investors own 97.85% of the company’s stock.

A number of brokerages have recently weighed in on HST. Robert W. Baird increased their price objective on Host Hotels and Resorts from $21.00 to $22.00 and gave the company an “outperform” rating in a report on Thursday, August 9th. Zacks Investment Research lowered Host Hotels and Resorts from a “buy” rating to a “hold” rating in a report on Monday, August 13th. Wells Fargo & Co set a $22.00 price objective on Host Hotels and Resorts and gave the company a “buy” rating in a report on Tuesday, November 13th. Finally, Deutsche Bank set a $23.00 price objective on Host Hotels and Resorts and gave the company a “buy” rating in a report on Saturday, November 3rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the company. Host Hotels and Resorts has a consensus rating of “Buy” and an average target price of $21.93.

Host Hotels and Resorts stock opened at $18.72 on Thursday. The stock has a market cap of $13.89 billion, a P/E ratio of 10.64, a P/E/G ratio of 2.13 and a beta of 1.25. Host Hotels and Resorts Inc has a 52 week low of $17.93 and a 52 week high of $22.47. The company has a current ratio of 5.32, a quick ratio of 5.32 and a debt-to-equity ratio of 0.55.

Host Hotels and Resorts (NYSE:HST) last posted its earnings results on Thursday, November 1st. The real estate investment trust reported $0.43 EPS for the quarter, topping the consensus estimate of $0.35 by $0.08. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. Host Hotels and Resorts had a return on equity of 12.21% and a net margin of 15.91%. Host Hotels and Resorts’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period last year, the company earned $0.33 earnings per share. Research analysts anticipate that Host Hotels and Resorts Inc will post 1.76 earnings per share for the current fiscal year.

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About Host Hotels and Resorts

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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