Host Hotels & Resorts, Inc. $HST Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lessened its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 11.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,408,797 shares of the company’s stock after selling 308,339 shares during the quarter. Brandywine Global Investment Management LLC owned about 0.35% of Host Hotels & Resorts worth $36,999,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in Host Hotels & Resorts during the first quarter worth $69,989,000. Millennium Management LLC grew its holdings in shares of Host Hotels & Resorts by 1,607.3% during the 1st quarter. Millennium Management LLC now owns 3,083,054 shares of the company’s stock worth $43,810,000 after purchasing an additional 2,902,471 shares during the period. Invesco Ltd. grew its holdings in shares of Host Hotels & Resorts by 11.1% during the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock worth $356,088,000 after purchasing an additional 2,503,550 shares during the period. BNP Paribas Financial Markets increased its position in shares of Host Hotels & Resorts by 172.0% during the 1st quarter. BNP Paribas Financial Markets now owns 2,600,965 shares of the company’s stock worth $36,960,000 after purchasing an additional 1,644,843 shares during the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec raised its holdings in Host Hotels & Resorts by 492.7% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 1,700,484 shares of the company’s stock valued at $24,164,000 after buying an additional 1,413,577 shares during the period. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Trading Down 1.1%

Shares of HST stock opened at $16.81 on Friday. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.36. The company has a 50 day moving average price of $16.93 and a 200 day moving average price of $16.30. The stock has a market capitalization of $11.56 billion, a P/E ratio of 17.88 and a beta of 1.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The firm’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Equities research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a $0.20 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a yield of 4.8%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 76.19%.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their target price for the stock from $18.00 to $22.00 in a research note on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Tuesday, November 11th. UBS Group lifted their target price on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. JPMorgan Chase & Co. boosted their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, Cantor Fitzgerald started coverage on Host Hotels & Resorts in a research note on Wednesday, October 1st. They set a “neutral” rating and a $19.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average target price of $18.38.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.