Host Hotels & Resorts (NASDAQ:HST) Director Mary Baglivo Sells 2,466 Shares of Company Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) Director Mary Baglivo sold 2,466 shares of the business’s stock in a transaction on Monday, November 9th. The stock was sold at an average price of $25.35, for a total transaction of $62,513.10. Following the transaction, the director directly owned 2 shares in the company, valued at $50.70. This trade represents a 99.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Mary Baglivo also recently made the following trade(s):

• On Friday, November 6th, Mary Baglivo sold 13,963 shares of Host Hotels & Resorts stock. The shares were sold at an average price of $24.47, for a total value of $341,674.61.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $25.93 on Wednesday. The company has a quick ratio of 2.96, a current ratio of 5.79 and a debt-to-equity ratio of 0.80. The stock has a market cap of $17.77 billion, a P/E ratio of 18.93, a PEG ratio of 3.43 and a beta of 1.09. Host Hotels & Resorts, Inc. has a twelve month low of $16.77 and a twelve month high of $26.19. The company’s 50-day simple moving average is $23.35 and its 200 day simple moving average is $22.15.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Host Hotels & Resorts had a net margin of 15.01% and a return on equity of 14.33%. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the company posted $0.35 EPS. As a group, research analysts forecast that Host Hotels & Resorts, Inc. will post 2.23 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 58.39%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on HST shares. Morgan Stanley raised their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the stock an “equal weight” rating in a report on Monday, October 12th. Barclays raised their price target on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 13th. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, October 26th. Evercore set a $26.00 price objective on shares of Host Hotels & Resorts in a research report on Monday, October 26th. Finally, JPMorgan Chase & Co. increased their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $25.55.

Institutional Trading of Host Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HST. BlackRock Inc. purchased a new stake in shares of Host Hotels & Resorts during the second quarter valued at approximately $2,096,191,000. Deutsche Bank AG purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth about $296,560,000. Bank of America Corp DE purchased a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $295,807,000. Dimensional Fund Advisors LP grew its holdings in Host Hotels & Resorts by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock valued at $201,042,000 after buying an additional 118,043 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund grew its stake in Host Hotels & Resorts by 253.8% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 6,096,636 shares of the company’s stock valued at $116,812,000 after acquiring an additional 4,373,449 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Key Headlines Impacting Host Hotels & Resorts

Here are the key news stories impacting Host Hotels & Resorts this week:

• Positive Sentiment: Zacks describes HST as a strong momentum stock, which may attract investors focused on recent price trends. Read the Zacks article
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $24 to $27 but kept a neutral rating, signaling improved valuation expectations without an outright bullish recommendation.
• Neutral Sentiment: A report listed short interest at zero shares, indicating no reported short position to suggest meaningful short-covering demand; the figure may be subject to reporting limitations.
• Negative Sentiment: Several insiders reported selling shares. Director Mary Baglivo sold nearly all of her direct holdings, while EVP Sourav Ghosh and EVP Nathan Tyrrell also reduced their positions. Such sales can weigh on sentiment, although both executives retained substantial shareholdings. Read the insider-sale report

About Host Hotels & Resorts

Host Hotels & Resorts is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts. Its properties serve business and leisure travelers and are located primarily in the United States, with additional properties in international markets. The company’s hotels are operated under a range of well-known brands, including Marriott, Hilton, Hyatt and Four Seasons. Host generally relies on brand companies and other third-party operators to manage its properties, while focusing on hotel ownership and real estate investment.