86,301 Shares of Host Hotels & Resorts, Inc. $HST Purchased by Range Financial Group LLC

Range Financial Group LLC purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 86,301 shares of the company’s stock, valued at approximately $1,932,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HST. Robeco Institutional Asset Management B.V. lifted its position in Host Hotels & Resorts by 32.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 341,475 shares of the company’s stock worth $7,646,000 after acquiring an additional 84,446 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Host Hotels & Resorts by 9.9% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 190,781 shares of the company’s stock valued at $4,272,000 after purchasing an additional 17,129 shares during the last quarter. CWA Asset Management Group LLC increased its holdings in shares of Host Hotels & Resorts by 9.9% in the third quarter. CWA Asset Management Group LLC now owns 137,246 shares of the company’s stock valued at $3,073,000 after purchasing an additional 12,332 shares during the period. Investment Research Partners LLC increased its holdings in shares of Host Hotels & Resorts by 1.5% in the third quarter. Investment Research Partners LLC now owns 49,801 shares of the company’s stock valued at $1,115,000 after purchasing an additional 759 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Host Hotels & Resorts by 63.5% during the third quarter. IFP Advisors Inc now owns 13,054 shares of the company’s stock worth $292,000 after purchasing an additional 5,072 shares during the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Morgan Stanley increased their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock an “equal weight” rating in a report on Monday, October 12th. JPMorgan Chase & Co. boosted their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Cantor Fitzgerald upped their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Truist Financial upped their price objective on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Finally, Barclays raised their target price on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.70.

Insider Buying and Selling at Host Hotels & Resorts

In other news, EVP Nathan Tyrrell sold 63,882 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 618,207 shares in the company, valued at $14,299,127.91. This trade represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is currently owned by company insiders.

Host Hotels & Resorts Stock Up 2.5%

Host Hotels & Resorts stock opened at $24.80 on Wednesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. Host Hotels & Resorts, Inc. has a 1-year low of $15.61 and a 1-year high of $25.71. The company has a market cap of $16.99 billion, a PE ratio of 16.53, a price-to-earnings-growth ratio of 2.73 and a beta of 1.09. The stock’s 50 day moving average price is $22.58 and its 200 day moving average price is $22.79.

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

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.2%. Host Hotels & Resorts’s dividend payout ratio is 53.33%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.