Jackson Creek Investment Advisors LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 92,173 shares of the company’s stock, valued at approximately $1,569,000.
Several other institutional investors have also recently modified their holdings of the company. CYBER HORNET ETFs LLC purchased a new position in shares of Host Hotels & Resorts in the second quarter worth $29,000. MUFG Securities EMEA plc purchased a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $32,000. Ameritas Advisory Services LLC bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $33,000. Mather Group LLC. bought a new stake in shares of Host Hotels & Resorts in the 3rd quarter worth approximately $35,000. Finally, Sentry Investment Management LLC purchased a new position in shares of Host Hotels & Resorts during the second quarter valued at approximately $37,000. 98.52% of the stock is currently owned by institutional investors.
Host Hotels & Resorts Trading Up 0.8%
NASDAQ:HST opened at $18.67 on Tuesday. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.30. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The company’s 50-day simple moving average is $18.20 and its 200 day simple moving average is $17.24. The firm has a market capitalization of $12.84 billion, a P/E ratio of 17.78, a PEG ratio of 2.18 and a beta of 1.18.
Host Hotels & Resorts Dividend Announcement
The business also recently announced an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. This represents a yield of 85.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Host Hotels & Resorts’s payout ratio is 76.19%.
Insider Activity at Host Hotels & Resorts
In other news, EVP Nathan S. Tyrrell sold 9,086 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the sale, the executive vice president directly owned 659,841 shares of the company’s stock, valued at approximately $12,187,263.27. This represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on HST shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Barclays began coverage on shares of Host Hotels & Resorts in a research note on Tuesday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $18.00 to $22.00 in a research report on Friday, November 7th. Finally, Truist Financial upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $19.32.
View Our Latest Stock Analysis on Host Hotels & Resorts
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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