Host Hotels & Resorts (NASDAQ:HST – Free Report) had its target price upped by Barclays from $23.00 to $24.00 in a report issued on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the stock.
A number of other research analysts have also recently commented on the stock. LADENBURG THALM/SH SH raised their price target on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. BMO Capital Markets reiterated an “outperform” rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, June 12th. Truist Financial increased their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Argus set a $27.00 target price on Host Hotels & Resorts in a research report on Wednesday, June 17th. Finally, Weiss Ratings raised Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.27.
Check Out Our Latest Stock Report on Host Hotels & Resorts
Host Hotels & Resorts Trading Down 2.2%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the business earned $0.64 EPS. The firm’s revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, equities research analysts forecast that Host Hotels & Resorts will post 2.14 earnings per share for the current fiscal year.
Host Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is currently 54.42%.
Insider Buying and Selling at Host Hotels & Resorts
In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in Host Hotels & Resorts by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after acquiring an additional 383,490 shares during the last quarter. Norges Bank bought a new position in Host Hotels & Resorts in the 4th quarter valued at $628,014,000. Invesco Ltd. boosted its stake in Host Hotels & Resorts by 9.7% in the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock worth $425,866,000 after purchasing an additional 2,217,322 shares in the last quarter. Geode Capital Management LLC boosted its stake in Host Hotels & Resorts by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock worth $402,056,000 after purchasing an additional 493,177 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of Host Hotels & Resorts by 251.9% during the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after purchasing an additional 9,846,104 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.
About Host Hotels & Resorts
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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