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Xponance Inc. Acquires 74,211 Shares of Host Hotels & Resorts, Inc. $HST
Xponance Inc. increased its stake in Host Hotels & Resorts, Inc. by 24.5% in the third quarter, purchasing an additional 74,211 shares to own a total of 377,095 shares valued at $6.418 million. Host Hotels & Resorts reported mixed Q3 results, missing EPS estimates but exceeding revenue expectations, and announced a quarterly dividend of $0.20 per share. Several other institutional investors also adjusted their positions in the company, which currently holds a “Moderate Buy” consensus rating from analysts.