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flag Mitsubishi UFJ Asset Management increased its stake in Host Hotels & Resorts, which reported strong earnings.

flag Mitsubishi UFJ Asset Management Co. Ltd. increased its stock holdings in Host Hotels & Resorts, Inc. by 4.7% in the fourth quarter, now owning 1,604,888 shares worth around $28 million. flag Host Hotels & Resorts reported strong earnings of $0.44 per share, beating estimates, and announced a quarterly dividend of $0.20 per share. flag The company’s stock, trading at about $14.27, has a market cap of $9.98 billion and analysts predict earnings of $1.88 per share for the year, with a price target of $19.54.

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