Swiss Life Asset Management Ltd lessened its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 45.7% during the 4th quarter, HoldingsChannel reports. The firm owned 52,946 shares of the company’s stock after selling 44,499 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Host Hotels & Resorts were worth $939,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. NewEdge Wealth LLC acquired a new position in Host Hotels & Resorts during the fourth quarter valued at approximately $33,498,000. Crossmark Global Holdings Inc. grew its holdings in Host Hotels & Resorts by 3.3% during the fourth quarter. Crossmark Global Holdings Inc. now owns 38,382 shares of the company’s stock valued at $681,000 after purchasing an additional 1,227 shares during the last quarter. Gateway Investment Advisers LLC acquired a new position in Host Hotels & Resorts during the fourth quarter valued at approximately $403,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Host Hotels & Resorts by 1.2% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,241,652 shares of the company’s stock valued at $22,548,000 after purchasing an additional 15,261 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Host Hotels & Resorts by 2.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 164,430 shares of the company’s stock valued at $2,915,000 after purchasing an additional 3,773 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.
Wall Street Analysts Forecast Growth
HST has been the topic of several analyst reports. Cantor Fitzgerald increased their price target on Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. LADENBURG THALM/SH SH started coverage on shares of Host Hotels & Resorts in a research note on Thursday, March 26th. They set a “buy” rating and a $23.00 target price for the company. Argus raised shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Wednesday, March 18th. Finally, Barclays increased their price target on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.92.
Insider Buying and Selling
In related news, EVP Nathan S. Tyrrell sold 58,579 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $22.00, for a total value of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares of the company’s stock, valued at $15,348,476. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by company insiders.
Host Hotels & Resorts Price Performance
Shares of Host Hotels & Resorts stock opened at $21.38 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 2.59. Host Hotels & Resorts, Inc. has a fifty-two week low of $14.46 and a fifty-two week high of $22.39. The firm has a fifty day moving average price of $20.11 and a two-hundred day moving average price of $18.93. The company has a market cap of $14.64 billion, a PE ratio of 14.54, a price-to-earnings-growth ratio of 2.42 and a beta of 1.10.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.36 by $0.31. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.Host Hotels & Resorts’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the business earned $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Analysts expect that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current year.
Host Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 54.42%.
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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