Bank of Nova Scotia Purchases New Holdings in Host Hotels & Resorts, Inc. $HST

Bank of Nova Scotia acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 43,537 shares of the company’s stock, valued at approximately $1,032,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT lifted its holdings in shares of Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after purchasing an additional 781 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Host Hotels & Resorts during the second quarter valued at $29,000. SJS Investment Consulting Inc. grew its holdings in shares of Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Host Hotels & Resorts during the second quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in Host Hotels & Resorts during the first quarter valued at $35,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $22.43 on Thursday. The firm has a market cap of $15.37 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The company’s fifty day moving average is $23.87 and its 200-day moving average is $21.96. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71.

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, beating the consensus estimate of $0.62 by $0.01. The business had revenue of $1.64 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities analysts expect that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Insider Transactions at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president owned 618,207 shares in the company, valued at $14,299,127.91. This represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on HST. Barclays raised their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a research report on Thursday, June 4th. Citigroup raised their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Cantor Fitzgerald upped their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Finally, Morgan Stanley increased their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.

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.