Impact Investors Inc Sells 11,013 Shares of Host Hotels & Resorts, Inc. $HST

Impact Investors Inc reduced its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 18.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 48,099 shares of the company’s stock after selling 11,013 shares during the period. Impact Investors Inc’s holdings in Host Hotels & Resorts were worth $739,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HST. NBC Securities Inc. increased its holdings in Host Hotels & Resorts by 185,200.0% during the 1st quarter. NBC Securities Inc. now owns 1,853 shares of the company’s stock worth $26,000 after purchasing an additional 1,852 shares in the last quarter. Armstrong Advisory Group Inc. increased its holdings in Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after purchasing an additional 1,516 shares in the last quarter. TD Private Client Wealth LLC increased its holdings in Host Hotels & Resorts by 50.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after purchasing an additional 691 shares in the last quarter. Versant Capital Management Inc increased its holdings in Host Hotels & Resorts by 696.3% during the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company’s stock worth $33,000 after purchasing an additional 2,047 shares in the last quarter. Finally, AlphaQuest LLC bought a new stake in Host Hotels & Resorts during the 1st quarter worth approximately $33,000. 98.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Morgan Stanley reissued an “outperform” rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Cantor Fitzgerald started coverage on Host Hotels & Resorts in a report on Wednesday. They issued a “neutral” rating and a $19.00 target price for the company. JPMorgan Chase & Co. started coverage on Host Hotels & Resorts in a report on Monday, June 23rd. They issued a “neutral” rating and a $16.00 target price for the company. Evercore ISI upped their target price on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Saturday, September 27th. Six investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Host Hotels & Resorts presently has an average rating of “Hold” and a consensus target price of $17.88.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $16.91 on Friday. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. The business’s 50 day simple moving average is $16.74 and its 200 day simple moving average is $15.64. The company has a market cap of $11.63 billion, a price-to-earnings ratio of 17.99 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.51 by $0.07. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The business had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. Host Hotels & Resorts’s revenue for the quarter was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. Sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. Host Hotels & Resorts’s dividend payout ratio is currently 85.11%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.