Host Hotels & Resorts, Inc. $HST Stock Position Reduced by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.2% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 586,260 shares of the company’s stock after selling 19,130 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Host Hotels & Resorts were worth $9,085,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HST. Wealth Enhancement Advisory Services LLC grew 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 in the last quarter. Oppenheimer Asset Management Inc. grew its position in Host Hotels & Resorts by 48.7% during the first quarter. Oppenheimer Asset Management Inc. now owns 50,983 shares of the company’s stock valued at $724,000 after purchasing an additional 16,694 shares in the last quarter. Asset Management One Co. Ltd. grew its position in Host Hotels & Resorts by 1.7% during the first quarter. Asset Management One Co. Ltd. now owns 1,456,690 shares of the company’s stock valued at $20,700,000 after purchasing an additional 24,227 shares in the last quarter. Moran Wealth Management LLC grew its position in Host Hotels & Resorts by 1.8% during the first quarter. Moran Wealth Management LLC now owns 70,962 shares of the company’s stock valued at $1,008,000 after purchasing an additional 1,223 shares in the last quarter. Finally, Achmea Investment Management B.V. grew its position in Host Hotels & Resorts by 21.5% during the first quarter. Achmea Investment Management B.V. now owns 738,302 shares of the company’s stock valued at $10,491,000 after purchasing an additional 130,576 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on HST shares. Truist Financial boosted their target price on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Morgan Stanley reissued an “outperform” rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Evercore ISI boosted their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Host Hotels & Resorts in a research report on Wednesday, October 8th. Finally, Stifel Nicolaus boosted their target price 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. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $17.88.

Host Hotels & Resorts Price Performance

Shares of Host Hotels & Resorts stock opened at $16.63 on Friday. The firm has a fifty day simple moving average of $16.93 and a 200-day simple moving average of $15.84. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The stock has a market capitalization of $11.43 billion, a price-to-earnings ratio of 17.69 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same period in the previous year, the company earned $0.57 earnings per share. Host Hotels & Resorts’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. On average, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s payout ratio is presently 85.11%.

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.