Yousif Capital Management LLC Lowers Holdings in Host Hotels & Resorts, Inc. $HST

Yousif Capital Management LLC decreased its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 2.7% during the second quarter, Holdings Channel reports. The institutional investor owned 90,690 shares of the company’s stock after selling 2,557 shares during the quarter. Yousif Capital Management LLC’s holdings in Host Hotels & Resorts were worth $1,393,000 as of its most recent filing with the Securities & Exchange Commission.

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

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $16.49 on Tuesday. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year 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. The stock has a market cap of $11.34 billion, a PE ratio of 17.54 and a beta of 1.36. The stock has a 50 day moving average price of $16.89 and a 200 day moving average price of $15.80.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly 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 return on equity of 9.90% and a net margin of 11.12%.The firm had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter last year, the firm earned $0.57 earnings per share. The business’s revenue for the quarter was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

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

Analyst Upgrades and Downgrades

HST has been the topic of a number of recent analyst reports. Stifel Nicolaus increased their price target on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Evercore ISI increased their price target on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Truist Financial increased their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. Finally, Morgan Stanley reissued an “outperform” rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.88.

Host Hotels & Resorts 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.