Bull Harbor Capital LLC bought a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 20,427 shares of the company’s stock, valued at approximately $391,000.
Several other hedge funds have also bought and sold shares of HST. Vanguard Group Inc. grew its stake in Host Hotels & Resorts by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after buying an additional 383,490 shares in the last quarter. Norges Bank bought a new position in shares of Host Hotels & Resorts in the 4th quarter worth $628,014,000. Invesco Ltd. increased its holdings in shares of Host Hotels & Resorts by 9.7% in the 3rd quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock worth $425,866,000 after buying an additional 2,217,322 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Host Hotels & Resorts by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock valued at $402,056,000 after buying an additional 493,177 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Host Hotels & Resorts by 251.9% during the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after buying an additional 9,846,104 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
HST has been the subject of a number of research analyst reports. Morgan Stanley lifted their price objective on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 12th. Truist Financial increased their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Stifel Nicolaus set a $26.25 price target on Host Hotels & Resorts in a research report on Thursday, June 4th. LADENBURG THALM/SH SH lifted their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, JPMorgan Chase & Co. upped their price objective on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $24.27.
Insider Transactions at Host Hotels & Resorts
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction dated 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 directly owned 682,089 shares in the company, valued at $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.
Host Hotels & Resorts Trading Up 0.2%
HST stock opened at $25.13 on Friday. The company has a market capitalization of $17.21 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.83 and a beta of 1.09. The company has a debt-to-equity ratio of 0.74, a quick ratio of 7.91 and a current ratio of 7.91. Host Hotels & Resorts, Inc. has a one year low of $15.11 and a one year high of $25.71. The company’s 50 day moving average price is $24.12 and its two-hundred day moving average price is $21.35.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter in the prior year, the company 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. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.2%. Host Hotels & Resorts’s payout ratio is currently 54.42%.
Host Hotels & Resorts Profile
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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