Host Hotels & Resorts (NASDAQ:HST) Reaches New 52-Week High – Should You Buy?

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $18.77 and last traded at $18.7450, with a volume of 1447502 shares trading hands. The stock had previously closed at $18.24.

Analyst Upgrades and Downgrades

HST has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their target price for the company from $18.00 to $22.00 in a research note on Friday, November 7th. JPMorgan Chase & Co. raised their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. Finally, Truist Financial upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.18.

View Our Latest Stock Report on Host Hotels & Resorts

Host Hotels & Resorts Trading Up 2.4%

The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $12.84 billion, a price-to-earnings ratio of 17.79, a P/E/G ratio of 2.19 and a beta of 1.18. The business has a 50-day moving average of $17.97 and a two-hundred day moving average of $17.09.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company posted $0.36 earnings per share. Host Hotels & Resorts’s revenue was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s payout ratio is currently 76.19%.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $18.47, for a total transaction of $167,818.42. Following the completion of the transaction, the executive vice president directly owned 659,841 shares of the company’s stock, valued at $12,187,263.27. This trade represents a 1.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 1.40% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the stock. Norges Bank acquired a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at $554,669,000. Geode Capital Management LLC raised its holdings in Host Hotels & Resorts by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock worth $398,425,000 after purchasing an additional 636,983 shares during the last quarter. Invesco Ltd. lifted its position in Host Hotels & Resorts by 9.7% during the 3rd quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock valued at $425,866,000 after purchasing an additional 2,217,322 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Host Hotels & Resorts by 3.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock valued at $164,879,000 after purchasing an additional 341,915 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Host Hotels & Resorts by 96.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 10,390,395 shares of the company’s stock worth $176,845,000 after buying an additional 5,096,099 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

About Host Hotels & Resorts

(Get Free Report)

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.

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