EP Wealth Advisors LLC Makes New Investment in Host Hotels & Resorts, Inc. $HST

EP Wealth Advisors LLC purchased a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 2nd quarter, HoldingsChannel reports. The firm purchased 32,797 shares of the company’s stock, valued at approximately $778,000.

A number of other hedge funds also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth approximately $2,096,191,000. Norges Bank purchased a new position in Host Hotels & Resorts in the fourth quarter worth approximately $628,014,000. Deutsche Bank AG acquired a new position in Host Hotels & Resorts during the 2nd quarter worth approximately $296,560,000. SG Americas Securities LLC grew its holdings in Host Hotels & Resorts by 251.9% during the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after acquiring an additional 9,846,104 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $143,770,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Insider Buying and Selling

In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the sale, the executive vice president owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. The trade was a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Trading Down 0.1%

NASDAQ:HST opened at $23.19 on Monday. The firm has a market cap of $15.89 billion, a P/E ratio of 15.46, a PEG ratio of 2.57 and a beta of 1.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The stock’s 50 day simple moving average is $23.99 and its 200-day simple moving average is $21.88. 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 posted its quarterly earnings results 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 net margin of 16.51% and a return on equity of 15.53%. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Argus set a $27.00 price target on Host Hotels & Resorts in a report on Wednesday, June 17th. Wells Fargo & Company increased their price target on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Barclays raised their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Citigroup upped their target price on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Truist Financial increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.33.

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.