Hanlon Investment Management adds Host Hotels and Resorts Inc (HST) to its portfolio

Host Hotels and Resorts Inc (HST) : Hanlon Investment Management added new position in Host Hotels and Resorts Inc during the most recent quarter end. The investment management firm now holds 300,328 shares of Host Hotels and Resorts Inc which is valued at $5,270,756 , the company said in a statement filed on Aug 2, 2016 with the SEC.Host Hotels and Resorts Inc makes up approximately 0.45% of Hanlon Investment Management’s portfolio.

Other Hedge Funds, Including , Quantitative Investment Management reduced its stake in HST by selling 97,500 shares or 47.42% in the most recent quarter. The Hedge Fund company now holds 108,100 shares of HST which is valued at $1,897,155. Host Hotels and Resorts Inc makes up approx 0.09% of Quantitative Investment Management’s portfolio.Signaturefd boosted its stake in HST in the latest quarter, The investment management firm added 65 additional shares and now holds a total of 126 shares of Host Hotels and Resorts Inc which is valued at $2,235. Proficio Capital Partners sold out all of its stake in HST during the most recent quarter. The investment firm sold 159 shares of HST which is valued $2,821.First Quadrant L Pca reduced its stake in HST by selling 2,100 shares or 14.89% in the most recent quarter. The Hedge Fund company now holds 12,000 shares of HST which is valued at $205,440.Dnb Asset Management As boosted its stake in HST in the latest quarter, The investment management firm added 2,200 additional shares and now holds a total of 138,696 shares of Host Hotels and Resorts Inc which is valued at $2,324,545. Host Hotels and Resorts Inc makes up approx 0.05% of Dnb Asset Management As’s portfolio.

Host Hotels and Resorts Inc opened for trading at $17.91 and hit $18.28 on the upside on Monday, eventually ending the session at $18.24, with a gain of 2.24% or 0.4 points. The heightened volatility saw the trading volume jump to 1,12,80,856 shares. Company has a market cap of $13,543 M.

On the company’s financial health, Host Hotels and Resorts Inc reported $0.49 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $0.49. The company had revenue of $1459.00 million for the quarter, compared to analysts expectations of $1463.60 million. The company’s revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Host Hotels and Resorts Inc. Shares were Downgraded by RBC Capital Mkts on Aug 1, 2016 to ” Sector Perform” and Lowered the Price Target to $ 18 from a previous price target of $19 .Shares were Downgraded by JP Morgan on Jul 13, 2016 to ” Underweight” and Lowered the Price Target to $ 15 from a previous price target of $16 .Host Hotels and Resorts Inc was Upgraded by Raymond James to ” Mkt Perform” on May 18, 2016.

Host Hotels & Resorts Inc. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). Host Inc. owns properties and conducts operations through Host Hotels & Resorts L.P. (Host L.P.) of which Host Inc. is the sole general partner and in which it holds approximately 99% of the partnership interests (OP units) as of December 31 2014. As of February 20 2015 the Company’s lodging portfolio consists of 114 luxury and upper-upscale hotels containing approximately 59000 rooms with the majority located in the United States and with 17 of the properties located outside of the United States in Australia Brazil Canada Chile Mexico and New Zealand. In addition the Company owns non-controlling interests in two international joint ventures.

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