33,433 Shares in Host Hotels & Resorts, Inc. $HST Bought by Strategy Asset Managers LLC

Strategy Asset Managers LLC bought a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,433 shares of the company’s stock, valued at approximately $749,000.

A number of other hedge funds have also recently made changes to their positions in HST. SJS Investment Consulting Inc. boosted its position in Host Hotels & Resorts by 64.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after buying an additional 641 shares during the period. Cedar Mountain Advisors LLC bought a new stake in Host Hotels & Resorts during the first quarter valued at $35,000. North Star Investment Management Corp. bought a new stake in shares of Host Hotels & Resorts during the 1st quarter valued at about $61,000. Contravisory Investment Management Inc. acquired a new stake in shares of Host Hotels & Resorts during the 1st quarter worth approximately $81,000. Finally, Parkside Financial Bank & Trust grew its holdings in Host Hotels & Resorts by 14.6% in the second quarter. Parkside Financial Bank & Trust now owns 4,931 shares of the company’s stock worth $117,000 after purchasing an additional 629 shares during the period. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $22.93 on Thursday. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. The firm has a market capitalization of $15.71 billion, a price-to-earnings ratio of 15.29, a P/E/G ratio of 2.62 and a beta of 1.09. The stock has a fifty day moving average of $22.48 and a 200 day moving average of $22.65.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01. The company had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. Host Hotels & Resorts’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 53.33%.

Insider Activity at Host Hotels & Resorts

In other news, EVP Nathan Tyrrell sold 63,882 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. The trade was a 9.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Barclays raised their price objective on Host Hotels & Resorts from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. Argus set a $27.00 target price on Host Hotels & Resorts in a research report on Wednesday, June 17th. Morgan Stanley lifted their price target 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. Finally, Truist Financial boosted their price objective on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $24.70.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust (REIT) focused on owning and investing in luxury and upper-upscale hotels. The company’s portfolio includes full-service hotels and resorts located in major urban centers, convention destinations and resort markets.

Host Hotels & Resorts generally owns the real estate and hotel improvements while relying on third-party management companies and leading lodging brands to operate its properties.