Host Hotels & Resorts, Inc. $HST Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,734,333 shares of the company’s stock after purchasing an additional 341,915 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Host Hotels & Resorts were worth $164,879,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Armstrong Advisory Group Inc. grew its holdings 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 valued at $26,000 after purchasing an additional 1,516 shares during the period. TD Private Client Wealth LLC lifted 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 buying an additional 691 shares in the last quarter. AlphaQuest LLC acquired a new stake in Host Hotels & Resorts in the 1st quarter valued at $33,000. Ameritas Advisory Services LLC acquired a new stake in Host Hotels & Resorts in the 2nd quarter valued at $33,000. Finally, Brooklyn Investment Group increased its holdings in Host Hotels & Resorts by 348.1% in 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 in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $17.74 on Thursday. The firm has a 50-day simple moving average of $16.92 and a 200-day simple moving average of $16.39. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $12.20 billion, a price-to-earnings ratio of 18.87 and a beta of 1.36. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. Host Hotels & Resorts’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the previous year, the business posted $0.36 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, 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 declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a $0.20 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.5%. Host Hotels & Resorts’s dividend payout ratio is 76.19%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $18.00 to $22.00 in a research note on Friday, November 7th. Evercore ISI lowered shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research note on Tuesday, November 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Host Hotels & Resorts in a report on Monday. Finally, JPMorgan Chase & Co. boosted their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock 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.