Host Hotels & Resorts: Institutional Investor Stock Sales in Third Quarter

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of Host Hotels & Resorts Inc. (NYSE:HST).

SEC data indicate that these institutions significantly reduced their stock shares of Host Hotels & Resorts Inc. in Q3 2011:

  • RAINIER INVESTMENT MANAGEMENT INC/: On 06/30/2011, held 3,766,980 shares, worth $63,624,292. On 09/30/2011, held 0 shares.
  • WELLINGTON MANAGEMENT CO LLP: On 06/30/2011, held 1,286,716 shares, worth $21,732,633. On 09/30/2011, held 0 shares.
  • EMPLOYEES RETIREMENT SYSTEM OF TEXAS: On 06/30/2011, held 664,636 shares, worth $11,225,702. On 09/30/2011, held 0 shares.
  • ARTIO GLOBAL MANAGEMENT LLC: On 06/30/2011, held 437,266 shares, worth $7,385,423. On 09/30/2011, held 0 shares.

About the company: Host Hotels & Resorts Inc. is a real estate trust. The trust which owns or holds controlling interests in upscale and luxury full-service hotel lodging properties in areas that include Washington, D.C., Toronto and Calgary, Canada, Mexico City, Mexico and Santiago, Chile, as well as Italy, Spain, Poland, Belgium, The Netherlands and the United Kingdom.

Competitors to Watch: Ashford Hospitality Trust, Inc. (NYSE:AHT), MHI Hospitality Corp. (NASDAQ:MDH), Vornado Realty Trust (NYSE:VNO), American Assets Trust, Inc (NYSE:AAT), Boston Properties, Inc. (NYSE:BXP), Federal Realty Inv. Trust (NYSE:FRT), LaSalle Hotel Properties (NYSE:LHO), Strategic Hotels & Resorts Inc. (NYSE:BEE), DiamondRock Hospitality Co. (NYSE:DRH), and Chatham Lodging Trust (NYSE:CLDT).

(Note: Data regarding Host Hotels & Resorts Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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