Host Hotels & Resorts, Inc. $HST Shares Bought by Convergence Investment Partners LLC

Convergence Investment Partners LLC increased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 55.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,027 shares of the company’s stock after purchasing an additional 26,456 shares during the quarter. Convergence Investment Partners LLC’s holdings in Host Hotels & Resorts were worth $1,418,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in HST. Zions Bancorporation National Association UT boosted its holdings in Host Hotels & Resorts by 89.1% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after buying an additional 781 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Host Hotels & Resorts in the second quarter valued at $29,000. SJS Investment Consulting Inc. increased its holdings in shares of Host Hotels & Resorts by 64.7% in 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 stake in shares of Host Hotels & Resorts during the 2nd quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in shares of Host Hotels & Resorts during the 1st quarter valued at $35,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $24.44 on Wednesday. The company’s fifty day moving average is $23.64 and its two-hundred day moving average is $20.99. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 12-month low of $15.11 and a 12-month high of $25.41. The company has a market cap of $16.74 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 2.71 and a beta of 1.09.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The company’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities analysts expect that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is currently 54.42%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HST. BMO Capital Markets restated an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a report on Friday, June 12th. UBS Group upped their target price on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. JPMorgan Chase & Co. increased their price target on Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Tuesday. Truist Financial lifted their price target on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Morgan Stanley lifted their price target on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $24.20.

Read Our Latest Analysis on Host Hotels & Resorts

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president directly owned 682,089 shares in the company, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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