Blair William & Co. IL Takes Position in Host Hotels & Resorts, Inc. $HST

Blair William & Co. IL acquired a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,422 shares of the company’s stock, valued at approximately $206,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HST. Farther Finance Advisors LLC lifted its position in Host Hotels & Resorts by 80.1% during the first quarter. Farther Finance Advisors LLC now owns 4,287 shares of the company’s stock valued at $62,000 after purchasing an additional 1,906 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in Host Hotels & Resorts by 10.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 57,318 shares of the company’s stock valued at $814,000 after purchasing an additional 5,318 shares during the period. Exchange Traded Concepts LLC lifted its position in Host Hotels & Resorts by 17.1% during the first quarter. Exchange Traded Concepts LLC now owns 14,193 shares of the company’s stock valued at $202,000 after purchasing an additional 2,074 shares during the period. Bright Futures Wealth Management LLC. acquired a new position in Host Hotels & Resorts during the first quarter valued at $151,000. Finally, Heartland Bank & Trust Co lifted its position in Host Hotels & Resorts by 22.7% during the first quarter. Heartland Bank & Trust Co now owns 22,555 shares of the company’s stock valued at $321,000 after purchasing an additional 4,170 shares during the period. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on HST. Morgan Stanley restated an “outperform” rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Weiss Ratings restated a “hold (c)” rating on shares of Host Hotels & Resorts in a research report on Wednesday, October 8th. Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective for the company. Stifel Nicolaus upped their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.88.

Host Hotels & Resorts Trading Up 0.6%

Shares of Host Hotels & Resorts stock opened at $16.28 on Monday. The firm has a 50-day simple moving average of $16.86 and a two-hundred day simple moving average of $15.78. The company has a market cap of $11.19 billion, a P/E ratio of 17.32 and a beta of 1.36. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.51 billion. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The company’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.57 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.9%. Host Hotels & Resorts’s payout ratio is currently 85.11%.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.