Wealth Enhancement Advisory Services LLC Has $1.94 Million Position in Host Hotels & Resorts, Inc. $HST

Wealth Enhancement Advisory Services LLC grew its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 49.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 117,782 shares of the company’s stock after purchasing an additional 39,072 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Host Hotels & Resorts were worth $1,935,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Host Hotels & Resorts during the second quarter worth about $554,669,000. Geode Capital Management LLC grew its stake in Host Hotels & Resorts by 2.6% in the second quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock valued at $398,425,000 after purchasing an additional 636,983 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Host Hotels & Resorts by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock worth $164,879,000 after purchasing an additional 341,915 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Host Hotels & Resorts by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock worth $87,075,000 after purchasing an additional 154,893 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Host Hotels & Resorts by 199.0% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock worth $81,320,000 after purchasing an additional 3,523,534 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $18.47, for a total value of $167,818.42. Following the sale, the executive vice president owned 659,841 shares of the company’s stock, valued at $12,187,263.27. The trade was a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. UBS Group set a $21.00 target price on shares of Host Hotels & Resorts in a report on Friday, January 9th. Barclays assumed coverage on shares of Host Hotels & Resorts in a research note on Tuesday, January 6th. They set an “equal weight” rating and a $19.00 price objective on the stock. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the company from $18.00 to $22.00 in a report on Friday, November 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Host Hotels & Resorts in a report on Tuesday, January 13th. Finally, Robert W. Baird set a $20.00 price objective on Host Hotels & Resorts in a research note on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $19.32.

Host Hotels & Resorts Stock Performance

NASDAQ:HST opened at $18.53 on Friday. The stock has a 50 day simple moving average of $18.17 and a 200 day simple moving average of $17.21. The stock has a market cap of $12.74 billion, a P/E ratio of 17.65, a PEG ratio of 2.19 and a beta of 1.18. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.30. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The firm’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.36 earnings per share. 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 Announces Dividend

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

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.