Paralel Advisors LLC bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 103,525 shares of the company’s stock, valued at approximately $2,455,000.
Other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Host Hotels & Resorts by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after purchasing an additional 383,490 shares in the last quarter. BlackRock Inc. purchased a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $2,096,191,000. Norges Bank bought a new position in Host Hotels & Resorts in the 4th quarter worth approximately $628,014,000. Invesco Ltd. boosted its stake in 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 grew its holdings in 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. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Insiders Place Their Bets
In related news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction 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 sale, the executive vice president owned 682,089 shares of the company’s stock, valued at $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Stock Performance
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.
Analyst Ratings Changes
HST has been the topic of several recent analyst reports. Cantor Fitzgerald lifted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. UBS Group upped their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. LADENBURG THALM/SH SH raised their target price on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Barclays lifted 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. Finally, Morgan Stanley boosted their price target on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.33.
Read Our Latest Analysis on Host Hotels & Resorts
Host Hotels & Resorts Company 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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