Deprince Race & Zollo Inc. Has $33.91 Million Holding in Host Hotels and Resorts Inc (HST)

Deprince Race & Zollo Inc. Has $33.91 Million Holding in Host Hotels and Resorts Inc (HST)

Deprince Race & Zollo Inc. lowered its stake in shares of Host Hotels and Resorts Inc (NYSE:HST) by 13.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,817,008 shares of the real estate investment trust’s stock after selling 271,862 shares during the period. Deprince Race & Zollo Inc.’s holdings in Host Hotels and Resorts were worth $33,905,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in HST. Daiwa Securities Group Inc. boosted its stake in shares of Host Hotels and Resorts by 10.8% in the first quarter. Daiwa Securities Group Inc. now owns 22,053,711 shares of the real estate investment trust’s stock valued at $411,522,000 after buying an additional 2,149,679 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Host Hotels and Resorts by 8.0% in the first quarter. Bank of New York Mellon Corp now owns 18,387,842 shares of the real estate investment trust’s stock valued at $343,118,000 after buying an additional 1,358,732 shares in the last quarter. AEW Capital Management L P boosted its stake in shares of Host Hotels and Resorts by 15.5% in the third quarter. AEW Capital Management L P now owns 8,272,083 shares of the real estate investment trust’s stock valued at $128,796,000 after buying an additional 1,112,000 shares in the last quarter. Norges Bank bought a new stake in shares of Host Hotels and Resorts during the fourth quarter valued at about $142,692,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Host Hotels and Resorts by 193.4% in the first quarter. Ameriprise Financial Inc. now owns 5,453,923 shares of the real estate investment trust’s stock valued at $101,805,000 after buying an additional 3,595,166 shares in the last quarter.

Shares of Host Hotels and Resorts Inc (HST) traded up 1.62% during trading on Friday, reaching $18.17. 10,203,513 shares of the company’s stock were exchanged. The firm has a market capitalization of $13.44 billion, a P/E ratio of 18.35 and a beta of 1.30. The company has a 50 day moving average of $18.24 and a 200 day moving average of $18.24. Host Hotels and Resorts Inc has a 52-week low of $14.69 and a 52-week high of $20.21.

Host Hotels and Resorts (NYSE:HST) last posted its earnings results on Friday, April 28th. The real estate investment trust reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.05. Host Hotels and Resorts had a net margin of 14.72% and a return on equity of 11.22%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the business posted $0.41 EPS. Host Hotels and Resorts’s revenue was up .7% compared to the same quarter last year. Equities analysts anticipate that Host Hotels and Resorts Inc will post $0.78 earnings per share for the current fiscal year.

Several analysts have recently issued reports on HST shares. Barclays PLC set a $19.00 price objective on shares of Host Hotels and Resorts and gave the company a “hold” rating in a research note on Tuesday, February 14th. Royal Bank of Canada reissued a “hold” rating and set a $20.00 price objective on shares of Host Hotels and Resorts in a research note on Friday, February 24th. JMP Securities reissued a “market perform” rating on shares of Host Hotels and Resorts in a research note on Friday, April 7th. Zacks Investment Research cut shares of Host Hotels and Resorts from a “buy” rating to a “hold” rating in a research note on Wednesday, February 15th. Finally, Evercore ISI cut shares of Host Hotels and Resorts from a “hold” rating to an “underperform” rating in a research note on Friday, March 3rd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $18.02.

In related news, Director Walter C. Rakowich sold 2,828 shares of the firm’s stock in a transaction on Friday, May 12th. The shares were sold at an average price of $17.59, for a total value of $49,744.52. Following the transaction, the director now directly owns 23,584 shares in the company, valued at approximately $414,842.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Gregory J. Larson sold 23,000 shares of the firm’s stock in a transaction on Friday, March 17th. The shares were sold at an average price of $18.40, for a total transaction of $423,200.00. Following the completion of the transaction, the chief financial officer now owns 157,163 shares in the company, valued at $2,891,799.20. The disclosure for this sale can be found here. Insiders sold a total of 81,760 shares of company stock worth $1,493,297 over the last quarter. 1.90% of the stock is currently owned by company insiders.

Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “HST”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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