BNP Paribas Arbitrage SA Buys 527,676 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

BNP Paribas Arbitrage SA increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) by 41.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,796,814 shares of the company’s stock after purchasing an additional 527,676 shares during the quarter. BNP Paribas Arbitrage SA owned about 0.25% of Host Hotels & Resorts worth $28,174,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. State of Michigan Retirement System boosted its stake in Host Hotels & Resorts by 0.3% in the first quarter. State of Michigan Retirement System now owns 180,229 shares of the company’s stock valued at $3,502,000 after acquiring an additional 504 shares during the last quarter. Jacobi Capital Management LLC boosted its stake in Host Hotels & Resorts by 1.9% in the second quarter. Jacobi Capital Management LLC now owns 29,485 shares of the company’s stock valued at $462,000 after acquiring an additional 563 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Host Hotels & Resorts by 1.4% in the first quarter. Crossmark Global Holdings Inc. now owns 40,041 shares of the company’s stock valued at $778,000 after acquiring an additional 570 shares during the last quarter. Meeder Asset Management Inc. boosted its stake in Host Hotels & Resorts by 2.8% in the second quarter. Meeder Asset Management Inc. now owns 21,719 shares of the company’s stock valued at $341,000 after acquiring an additional 601 shares during the last quarter. Finally, United Capital Financial Advisers LLC boosted its stake in Host Hotels & Resorts by 3.2% in the second quarter. United Capital Financial Advisers LLC now owns 20,085 shares of the company’s stock valued at $315,000 after acquiring an additional 615 shares during the last quarter. 98.79% of the stock is owned by institutional investors.

Host Hotels & Resorts Trading Down 1.4 %

Shares of NASDAQ:HST opened at $18.27 on Thursday. Host Hotels & Resorts, Inc. has a 12 month low of $15.10 and a 12 month high of $21.63. The company has a quick ratio of 8.73, a current ratio of 8.73 and a debt-to-equity ratio of 0.62. The company’s fifty day simple moving average is $17.64 and its 200 day simple moving average is $17.47. The firm has a market cap of $13.06 billion, a price-to-earnings ratio of 16.17 and a beta of 1.24.

Analyst Ratings Changes

HST has been the topic of a number of recent research reports. Oppenheimer initiated coverage on shares of Host Hotels & Resorts in a research note on Wednesday, September 14th. They issued a “market perform” rating and a $21.00 price objective on the stock. Wells Fargo & Company raised shares of Host Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $20.00 to $21.00 in a research note on Monday, August 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Host Hotels & Resorts from $26.00 to $24.00 and set a “buy” rating on the stock in a report on Tuesday, October 25th. TheStreet upgraded shares of Host Hotels & Resorts from a “c+” rating to a “b-” rating in a report on Friday, October 28th. Finally, Citigroup increased their target price on shares of Host Hotels & Resorts to $22.00 in a report on Monday, August 15th. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.92.

Host Hotels & Resorts Profile

(Get Rating)

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. The firm operates through the Hotel Ownership segment. Its properties are located in the U.S., Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.

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

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