North Dakota State Investment Board acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 23,559 shares of the company’s stock, valued at approximately $418,000.
Other hedge funds have also recently made changes to their positions in the company. Clearstead Advisors LLC boosted its position in shares of Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after purchasing an additional 786 shares during the period. CYBER HORNET ETFs LLC purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $29,000. Hantz Financial Services Inc. boosted its position in shares of Host Hotels & Resorts by 234.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock worth $33,000 after purchasing an additional 1,339 shares during the period. Compagnie Lombard Odier SCmA purchased a new position in shares of Host Hotels & Resorts during the 3rd quarter worth approximately $34,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on HST. JPMorgan Chase & Co. increased their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. LADENBURG THALM/SH SH assumed coverage on shares of Host Hotels & Resorts in a research report on Thursday, March 26th. They issued a “buy” rating and a $23.00 price target for the company. UBS Group raised their price target on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, April 10th. Barclays raised 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 research report on Tuesday, April 7th. Finally, Morgan Stanley raised their price target on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.92.
Insider Activity
In other news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the sale, the executive vice president directly owned 697,658 shares of the company’s stock, valued at approximately $15,348,476. The trade was a 7.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Stock Performance
Shares of HST stock opened at $22.38 on Friday. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 52 week low of $14.46 and a 52 week high of $22.48. The stock has a market capitalization of $15.33 billion, a PE ratio of 15.22, a P/E/G ratio of 2.54 and a beta of 1.10. The firm has a 50 day moving average of $20.39 and a two-hundred day moving average of $19.14.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same quarter last year, the company posted $0.64 EPS. The firm’s revenue was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, research analysts predict that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current fiscal year.
Host Hotels & Resorts Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s payout ratio is 54.42%.
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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