Host Hotels & Resorts (NASDAQ:HST) Hits New 52-Week High – Here’s What Happened

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) reached a new 52-week high on Tuesday . The stock traded as high as $19.58 and last traded at $19.54, with a volume of 4522841 shares traded. The stock had previously closed at $19.35.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $18.00 to $22.00 in a report on Friday, November 7th. Truist Financial upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, January 9th. JPMorgan Chase & Co. boosted their price target on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the company a “neutral” rating in a report on Thursday, January 22nd. Robert W. Baird set a $20.00 price objective on Host Hotels & Resorts in a research note on Monday, January 12th. Finally, Evercore lowered Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $19.32.

Host Hotels & Resorts Stock Down 2.1%

The stock’s fifty day moving average price is $18.44 and its 200-day moving average price is $17.39. The company has a market capitalization of $13.44 billion, a price-to-earnings ratio of 18.61, a P/E/G ratio of 2.34 and a beta of 1.17. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.15 dividend. This represents a yield of 85.0%. The ex-dividend date was Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.19%.

Insider Buying and Selling at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the transaction, the executive vice president owned 668,927 shares of the company’s stock, valued at $12,141,025.05. The trade was a 1.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Empowered Funds LLC lifted its holdings in Host Hotels & Resorts by 2.7% during the 4th quarter. Empowered Funds LLC now owns 20,218 shares of the company’s stock valued at $358,000 after purchasing an additional 537 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Host Hotels & Resorts by 1.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company’s stock valued at $595,000 after purchasing an additional 607 shares during the period. Huntington National Bank lifted its stake in shares of Host Hotels & Resorts by 12.3% during the 4th quarter. Huntington National Bank now owns 5,560 shares of the company’s stock worth $99,000 after buying an additional 609 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Host Hotels & Resorts by 2.2% during the 4th quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company’s stock worth $529,000 after buying an additional 654 shares during the period. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Host Hotels & Resorts by 3.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 25,731 shares of the company’s stock worth $428,000 after buying an additional 738 shares during the period. 98.52% of the stock is currently owned by institutional investors.

About Host Hotels & Resorts

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.