Truist Financial Corp trimmed its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) by 17.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,792 shares of the company’s stock after selling 6,239 shares during the period. Truist Financial Corp’s holdings in Host Hotels & Resorts were worth $578,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of HST. Desjardins Global Asset Management Inc. acquired a new stake in shares of Host Hotels & Resorts during the 4th quarter valued at approximately $40,000. Riverview Trust Co raised its position in shares of Host Hotels & Resorts by 83.6% during the 1st quarter. Riverview Trust Co now owns 2,389 shares of the company’s stock worth $46,000 after purchasing an additional 1,088 shares during the last quarter. CWM LLC acquired a new position in shares of Host Hotels & Resorts during the 4th quarter worth approximately $48,000. UMB Bank N A MO acquired a new position in shares of Host Hotels & Resorts during the 4th quarter worth approximately $50,000. Finally, Rockefeller Capital Management L.P. raised its position in shares of Host Hotels & Resorts by 80.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,030 shares of the company’s stock worth $52,000 after purchasing an additional 1,350 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HST. Deutsche Bank Aktiengesellschaft lifted their price objective on Host Hotels & Resorts from $23.00 to $26.00 in a research report on Friday, May 6th. Jefferies Financial Group upgraded Host Hotels & Resorts from a “hold” rating to

Read the rest