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Marriott buys Starwood to become world’s largest hotel chain

According to Zacks brokerage recommendations, Starwood Hotels & Resorts Worldwide Inc. The number of shares now owned by investors are 170.65 mln.

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Other hedge funds and other institutional investors also recently bought and sold shares of the company. On Aug 24, 2016, Argus Research said it Maintains its rating on Host Hotels and Resorts Inc. On Aug 1, 2016, RBC Capital said it Downgrades its rating on Host Hotels and Resorts Inc.

Host Hotels & Resorts, Inc. In addition the Company owns non-controlling interests in two global joint ventures. Host Hotels & Resorts had a return on equity of 10.97% and a net margin of 14.34%.

Host Hotels & Resorts (NYSE:HST): The stock opened in the green at $16.04 on Friday, but the bulls found it hard to push the prices higher.

Earnings Roundup: In the last fiscal quarter alone, Host Hotels & Resorts, Inc. generated around $1.46B in revenue. For the reporting quarter, analysts expect the company to deliver $0.37 in earnings per share (EPS). Revenues hit $1.46B in the June 2016 quarter, which was below the consensus $1.47B projection. Host Hotels & Resorts’s revenue was up 1.4% on a year-over-year basis. The company’s revenue was up 1.4% compared to the same quarter a year ago. When calculating EPS anticipates for the current year from sell-side analysts, the Price to current year EPS stands at 0.70%.

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Starwood Hotels & Resorts” Aloft, Element and Four Points by Sheraton are on track to sign a record number of new deals in 2016, part of the meteoric growth trajectory seen with the hotel company’s “Specialty Select Brands’. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.01%. The ex-dividend date of this dividend is Wednesday, September 28th. Host Hotels & Resorts’s dividend payout ratio is now 76.92%. In the research note, the firm Raises the price-target to $17.00 per share. Last time the company reported, Host Hotels & Resorts, Inc. generated $0.49 in earnings per share, missing the concesus estimate of $0.49. Host Hotels & Resorts (HST) gained $0.32 intraday at $16.3 and registrered 1.97% for the week. 6 of the analysts have a buy or better rating; the 0 sells versus 2 underperforms. The company presently has an average rating of “Hold” and a consensus price target of $18.06. An average of 6,751,239 shares exchange hands daily. The stock was sold at an average price of $18.21, for a total transaction of $91,050.00. Larson Gregory J retains 133,696 shares in the company after this transaction. The stock was sold at an average price of $18.22, for a total value of $728,800.00. The disclosure for this sale can be found here. (Host Inc.) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. 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.

Marriott completes acquisition of Starwood Hotels