NewEdge Wealth LLC Buys Shares of 2,207,728 Host Hotels & Resorts, Inc. $HST

NewEdge Wealth LLC bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,207,728 shares of the company’s stock, valued at approximately $52,345,000.

Other large investors also recently modified their holdings of the company. SJS Investment Consulting Inc. boosted its holdings 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 valued at $31,000 after buying an additional 641 shares during the period. Zions Bancorporation National Association UT grew its position in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after buying an additional 781 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new stake in Host Hotels & Resorts during the first quarter worth about $35,000. CYBER HORNET ETFs LLC acquired a new stake in Host Hotels & Resorts during the second quarter worth about $29,000. Finally, MUFG Securities EMEA plc acquired a new stake in Host Hotels & Resorts during the second quarter worth about $32,000. 98.52% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HST shares. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 14th. LADENBURG THALM/SH SH raised their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Truist Financial boosted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Wells Fargo & Company upped their price objective on Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, JPMorgan Chase & Co. increased their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $24.33.

Host Hotels & Resorts Stock Up 1.0%

HST opened at $23.15 on Thursday. The stock’s 50 day moving average price is $24.04 and its 200 day moving average price is $21.82. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The stock has a market cap of $15.86 billion, a P/E ratio of 15.43, a P/E/G ratio of 2.54 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter in the previous year, the firm posted $0.58 EPS. The firm’s quarterly 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, research analysts predict that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current year.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total transaction of $358,087.00. Following the sale, the executive vice president directly owned 682,089 shares in the company, valued at $15,688,047. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

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.