XTX Topco Ltd Acquires New Holdings in Host Hotels & Resorts, Inc. $HST

XTX Topco Ltd acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 284,711 shares of the company’s stock, valued at approximately $4,373,000.

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

Host Hotels & Resorts Trading Down 0.5%

HST opened at $17.33 on Tuesday. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36. The stock has a 50-day moving average of $16.92 and a 200 day moving average of $16.36. The firm has a market cap of $11.92 billion, a P/E ratio of 18.44 and a beta of 1.36. 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 (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.Host Hotels & Resorts’s quarterly revenue was up .9% compared to the same quarter last year. During the same period last year, the company earned $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.19%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. UBS Group upped their target price on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. Evercore ISI cut Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a report on Tuesday, November 11th. Weiss Ratings restated a “hold (c)” rating on shares of Host Hotels & Resorts in a research report on Tuesday, November 11th. Finally, Wells Fargo & Company upgraded Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $18.38.

About Host Hotels & Resorts

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.