Metis Global Partners LLC Purchases 14,892 Shares of Host Hotels & Resorts, Inc. $HST

Metis Global Partners LLC raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 12.8% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 131,557 shares of the company’s stock after acquiring an additional 14,892 shares during the quarter. Metis Global Partners LLC’s holdings in Host Hotels & Resorts were worth $2,021,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the stock. Invesco Ltd. boosted its holdings in shares of Host Hotels & Resorts by 11.1% in the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock valued at $356,088,000 after buying an additional 2,503,550 shares during the last quarter. Centersquare Investment Management LLC raised its position in Host Hotels & Resorts by 1.7% during the first quarter. Centersquare Investment Management LLC now owns 11,235,809 shares of the company’s stock worth $159,661,000 after acquiring an additional 183,653 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Host Hotels & Resorts by 3.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,553,946 shares of the company’s stock worth $107,342,000 after acquiring an additional 227,202 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Host Hotels & Resorts by 2.8% in the second quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock valued at $87,075,000 after acquiring an additional 154,893 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Host Hotels & Resorts by 24.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after acquiring an additional 1,019,345 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

NASDAQ:HST opened at $17.84 on Monday. The stock has a 50 day simple moving average of $16.91 and a 200 day simple moving average of $16.11. The stock has a market cap of $12.27 billion, a P/E ratio of 18.98 and a beta of 1.36. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The firm had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the firm posted $0.36 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.19%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on HST shares. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Stifel Nicolaus boosted their price target on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective for the company. Truist Financial lifted their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. boosted their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Friday. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average 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.