Aurora Investment Counsel Purchases 18,590 Shares of Host Hotels & Resorts, Inc. $HST

Aurora Investment Counsel increased its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 17.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 127,043 shares of the company’s stock after acquiring an additional 18,590 shares during the period. Aurora Investment Counsel’s holdings in Host Hotels & Resorts were worth $1,951,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of HST. Armstrong Advisory Group Inc. increased its holdings in Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after acquiring an additional 1,516 shares during the period. TD Private Client Wealth LLC increased its holdings in Host Hotels & Resorts by 50.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after acquiring an additional 691 shares during the period. AlphaQuest LLC bought a new stake in Host Hotels & Resorts during the 1st quarter worth approximately $33,000. Ameritas Advisory Services LLC bought a new stake in Host Hotels & Resorts during the 2nd quarter worth approximately $33,000. Finally, Brooklyn Investment Group increased its holdings in Host Hotels & Resorts by 348.1% during the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company’s stock worth $34,000 after acquiring an additional 1,845 shares during the period. Institutional investors own 98.52% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on HST. Morgan Stanley reissued an “outperform” rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. JPMorgan Chase & Co. began coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They issued a “neutral” rating and a $16.00 price target on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Wednesday, October 8th. Evercore ISI increased their price target on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, July 28th. Finally, Cantor Fitzgerald began coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.88.

Host Hotels & Resorts Price Performance

HST stock opened at $16.49 on Tuesday. 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, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36. The firm’s fifty day moving average is $16.89 and its 200 day moving average is $15.80. The firm has a market cap of $11.34 billion, a P/E ratio of 17.54 and a beta of 1.36.

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

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.80 annualized dividend and a yield of 4.9%. Host Hotels & Resorts’s dividend payout ratio is presently 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.