M&T Bank Corp Acquires 11,969 Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST)

M&T Bank Corp grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) by 15.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 88,823 shares of the company’s stock after acquiring an additional 11,969 shares during the quarter. M&T Bank Corp’s holdings in Host Hotels & Resorts were worth $1,392,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HST. CWM LLC lifted its position in Host Hotels & Resorts by 109.3% during the first quarter. CWM LLC now owns 5,798 shares of the company’s stock worth $113,000 after purchasing an additional 3,028 shares during the period. Robeco Institutional Asset Management B.V. lifted its position in Host Hotels & Resorts by 28.4% during the first quarter. Robeco Institutional Asset Management B.V. now owns 453,625 shares of the company’s stock worth $8,815,000 after purchasing an additional 100,457 shares during the period. Advisor Partners LLC lifted its position in Host Hotels & Resorts by 2.1% during the first quarter. Advisor Partners LLC now owns 26,717 shares of the company’s stock worth $519,000 after purchasing an additional 542 shares during the period. Greenleaf Trust lifted its position in Host Hotels & Resorts by 2.9% during the first quarter. Greenleaf Trust now owns 42,423 shares of the company’s stock worth $824,000 after purchasing an additional 1,214 shares during the period. Finally, Chevy Chase Trust Holdings Inc. lifted its position in Host Hotels & Resorts by 0.7% during the first quarter. Chevy Chase Trust Holdings Inc. now owns 520,848 shares of the company’s stock worth $10,119,000 after purchasing an additional 3,485 shares during the period. Institutional investors own 98.79% of the company’s stock.

Host Hotels & Resorts Stock Performance

Host Hotels & Resorts stock opened at $16.80 on Thursday. The business has a 50 day moving average of $17.26 and a 200-day moving average of $17.30. Host Hotels & Resorts, Inc. has a 1 year low of $15.10 and a 1 year high of $21.63. The company has a debt-to-equity ratio of 0.62, a current ratio of 8.73 and a quick ratio of 11.29. The company has a market capitalization of $12.01 billion, a P/E ratio of 14.87 and a beta of 1.24.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on HST shares. Citigroup upped their price objective on shares of Host Hotels & Resorts to $22.00 in a research report on Monday, August 15th. Oppenheimer initiated coverage on Host Hotels & Resorts in a research note on Wednesday, September 14th. They set a “market perform” rating and a $21.00 target price for the company. StockNews.com initiated coverage on Host Hotels & Resorts in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Wells Fargo & Company raised Host Hotels & Resorts from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $20.00 to $21.00 in a research note on Monday, August 29th. Finally, TheStreet raised Host Hotels & Resorts from a “c+” rating to a “b-” rating in a research note on Friday, October 28th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price 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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