Everett Harris & Co. CA Buys Shares of 74,188 Host Hotels & Resorts, Inc. $HST

Everett Harris & Co. CA purchased a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the second quarter, Holdings Channel.com reports. The fund purchased 74,188 shares of the company’s stock, valued at approximately $1,759,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new stake in Host Hotels & Resorts in the 4th quarter worth about $628,014,000. SG Americas Securities LLC raised its stake in Host Hotels & Resorts by 251.9% in the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after acquiring an additional 9,846,104 shares during the period. Caisse de depot et placement du Quebec lifted its holdings in Host Hotels & Resorts by 475.8% during the third quarter. Caisse de depot et placement du Quebec now owns 7,061,055 shares of the company’s stock valued at $120,179,000 after purchasing an additional 5,834,750 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Host Hotels & Resorts by 96.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 10,390,395 shares of the company’s stock valued at $176,845,000 after purchasing an additional 5,096,099 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Host Hotels & Resorts by 508.0% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,631,541 shares of the company’s stock worth $95,849,000 after purchasing an additional 4,705,282 shares during the period. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Up 0.7%

Shares of NASDAQ HST opened at $22.90 on Friday. The company has a quick ratio of 7.91, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. The company has a market cap of $15.69 billion, a P/E ratio of 15.27, a P/E/G ratio of 2.52 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 52 week low of $15.61 and a 52 week high of $25.71. The business has a 50-day simple moving average of $24.12 and a two-hundred day simple moving average of $21.70.

Wall Street Analysts Forecast Growth

HST has been the subject of several recent research reports. Truist Financial lifted their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Argus set a $27.00 price objective on shares of Host Hotels & Resorts in a report on Wednesday, June 17th. Cantor Fitzgerald lifted 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. Weiss Ratings lowered shares of Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Finally, LADENBURG THALM/SH SH boosted their target price on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.33.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total value of $358,087.00. Following the sale, the executive vice president directly owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.50% of the company’s stock.

Host Hotels & Resorts 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.