Wellington Management Group LLP Decreases Stake in Host Hotels & Resorts, Inc. $HST

Wellington Management Group LLP cut its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 45.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 212,388 shares of the company’s stock after selling 176,048 shares during the period. Wellington Management Group LLP’s holdings in Host Hotels & Resorts were worth $5,036,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Waterloo Capital L.P. grew its stake in shares of Host Hotels & Resorts by 543.6% in the 4th quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after buying an additional 140,932 shares in the last quarter. Arbejdsmarkedets Tillaegspension bought a new position in shares of Host Hotels & Resorts in the 4th quarter valued at about $23,632,000. Cbre Investment Management Listed Real Assets LLC lifted its holdings in shares of Host Hotels & Resorts by 41.8% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock valued at $38,465,000 after acquiring an additional 639,695 shares during the last quarter. Resolution Capital Ltd grew its position in Host Hotels & Resorts by 5.9% in the first quarter. Resolution Capital Ltd now owns 2,097,777 shares of the company’s stock worth $40,193,000 after acquiring an additional 116,440 shares in the last quarter. Finally, Convergence Investment Partners LLC purchased a new position in Host Hotels & Resorts in the fourth quarter worth about $843,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Insider Activity

In other news, EVP Nathan Tyrrell sold 63,882 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the transaction, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Cantor Fitzgerald raised their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Stifel Nicolaus set a $26.25 price target on Host Hotels & Resorts in a report on Thursday, June 4th. Raymond James Financial restated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Barclays lifted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 21st. Finally, Wells Fargo & Company increased their target price on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $24.33.

View Our Latest Research Report on HST

Host Hotels & Resorts Trading Down 0.1%

Shares of NASDAQ HST opened at $22.04 on Thursday. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.61 and a fifty-two week high of $25.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. The company has a market cap of $15.10 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 2.49 and a beta of 1.07. The business’s 50 day moving average price is $23.35 and its 200-day moving average price is $22.12.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $1.62 billion. During the same quarter in the previous year, the business earned $0.58 EPS. Host Hotels & Resorts’s revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current year.

About Host Hotels & Resorts

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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