Caisse de depot et placement du Quebec bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 4,773,083 shares of the company’s stock, valued at approximately $113,170,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Host Hotels & Resorts by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock valued at $1,917,115,000 after acquiring an additional 383,490 shares during the period. BlackRock Inc. acquired a new stake in Host Hotels & Resorts during the second quarter worth about $2,096,191,000. Norges Bank purchased a new position in shares of Host Hotels & Resorts in the 4th quarter worth about $628,014,000. Invesco Ltd. raised 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 purchasing an additional 2,217,322 shares during the period. Finally, Geode Capital Management LLC lifted its stake in shares of Host Hotels & Resorts by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock valued at $402,056,000 after purchasing an additional 493,177 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on HST shares. Cantor Fitzgerald boosted their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Barclays raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company an “equal weight” rating in a report on Tuesday, July 21st. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. Argus set a $27.00 price objective on shares of Host Hotels & Resorts in a research note on Wednesday, June 17th. Finally, Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $24.33.
Insider Buying and Selling
In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the transaction, the executive vice president directly owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. The trade was a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Trading Down 2.5%
Shares of HST opened at $22.43 on Thursday. The stock’s 50-day moving average is $23.87 and its two-hundred day moving average is $21.96. The stock has a market cap of $15.37 billion, a PE ratio of 14.95, a P/E/G ratio of 2.55 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the business earned $0.58 earnings per share. The company’s revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.
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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