Host Hotels & Resorts, Inc. (NASDAQ:HST) Shares Purchased by Nan Shan Life Insurance Co. Ltd.


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Nan Shan Life Insurance Co. Ltd. boosted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 17.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,180,596 shares of the company’s stock after purchasing an additional 765,648 shares during the quarter. Host Hotels & Resorts makes up approximately 1.6% of Nan Shan Life Insurance Co. Ltd.’s portfolio, making the stock its 18th biggest holding. Nan Shan Life Insurance Co. Ltd.’s holdings in Host Hotels & Resorts were worth $75,792,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of HST. Professional Financial Advisors LLC bought a new stake in shares of Host Hotels & Resorts in the 3rd quarter valued at approximately $26,000. First Horizon Advisors Inc. increased its holdings in shares of Host Hotels & Resorts by 137.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 3,478 shares of the company’s stock valued at $38,000 after acquiring an additional 2,015 shares during the last quarter. Ellevest Inc. increased its holdings in shares of Host Hotels & Resorts by 224.7% in the 4th quarter. Ellevest Inc. now owns 5,198 shares of the company’s stock valued at $76,000 after acquiring an additional 3,597 shares during the last quarter. Ethic Inc. bought a new stake in shares of Host Hotels & Resorts in the 3rd quarter valued at approximately $120,000. Finally, Maryland State Retirement & Pension System bought a new position in Host Hotels & Resorts during the 4th quarter worth $156,000. Institutional investors own 95.67% of the company’s stock.

Shares of HST traded down $0.11 during trading hours on Tuesday, hitting $16.58. 498,237 shares of the company were exchanged, compared to its average volume of 8,504,938. The company has a market cap of $11.69 billion, a PE ratio of -20.11 and a beta of 1.38. The firm’s 50 day moving average is $14.59 and its 200-day moving average is $13.79. Host Hotels & Resorts, Inc. has a 52 week low of $7.86 and a 52 week high of $17.43. The company has a debt-to-equity ratio of 0.89, a quick ratio of 31.40 and a current ratio of 31.40.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Thursday, February 18th. The company reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.42) by $0.33. Host Hotels & Resorts had a negative return on equity of 8.55% and a negative net margin of 21.88%. As a group, equities analysts forecast that Host Hotels & Resorts, Inc. will post -0.36 earnings per share for the current fiscal year.

A number of research analysts have issued reports on the company. Jefferies Financial Group lowered Host Hotels & Resorts from a “buy” rating to a “hold” rating and set a $17.00 price target for the company. in a research report on Tuesday. Wells Fargo & Company lowered Host Hotels & Resorts from an “overweight” rating to an “underweight” rating and set a $15.00 price target for the company. in a research report on Thursday, December 10th. Smith Barney Citigroup upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 15th. Raymond James lowered Host Hotels & Resorts from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 12th. Finally, Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $11.50 to $17.50 in a report on Tuesday, December 15th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $14.16.

Host Hotels & Resorts Profile

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 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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

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