Robeco Institutional Asset Management B.V. lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 32.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 341,475 shares of the company’s stock after purchasing an additional 84,446 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Host Hotels & Resorts were worth $7,646,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in the business. Avail Investment Partners LLC boosted its stake in shares of Host Hotels & Resorts by 2.5% during the 3rd quarter. Avail Investment Partners LLC now owns 19,299 shares of the company’s stock worth $432,000 after acquiring an additional 471 shares during the last quarter. CX Institutional grew its position in shares of Host Hotels & Resorts by 4.1% during the 3rd quarter. CX Institutional now owns 12,067 shares of the company’s stock valued at $270,000 after acquiring an additional 474 shares during the period. Parkside Financial Bank & Trust increased its stake in shares of Host Hotels & Resorts by 14.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 4,931 shares of the company’s stock worth $117,000 after purchasing an additional 629 shares in the last quarter. SJS Investment Consulting Inc. increased its stake in shares of Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after purchasing an additional 641 shares in the last quarter. Finally, Patten Group Inc. increased its stake in shares of Host Hotels & Resorts by 1.7% in the 1st quarter. Patten Group Inc. now owns 38,793 shares of the company’s stock worth $743,000 after purchasing an additional 654 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Price Performance
NASDAQ:HST opened at $24.72 on Friday. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. The business’s 50-day simple moving average is $22.71 and its two-hundred day simple moving average is $22.89. The stock has a market cap of $16.94 billion, a PE ratio of 16.48, a P/E/G ratio of 2.77 and a beta of 1.09. Host Hotels & Resorts, Inc. has a 52 week low of $15.61 and a 52 week high of $25.71.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the business earned $0.58 earnings per share. The business’s revenue was up 3.4% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a yield of 3.2%. Host Hotels & Resorts’s payout ratio is currently 53.33%.
Insiders Place Their Bets
In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of the stock in a transaction that occurred on 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 completion of the sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. This trade represents a 9.37% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by insiders.
Analyst Ratings Changes
Several equities analysts recently weighed in on HST shares. Wells Fargo & Company lifted their target price on Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. Morgan Stanley raised their price objective on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Monday, October 12th. Barclays raised their price objective on Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. Finally, Cantor Fitzgerald lifted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $24.70.
View Our Latest Report on Host Hotels & Resorts
Host Hotels & Resorts Profile
Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.
Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.
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