Grantham Mayo Van Otterloo & Co. LLC Has $229,000 Stake in Host Hotels & Resorts, Inc. $HST

Grantham Mayo Van Otterloo & Co. LLC trimmed its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 69.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,936 shares of the company’s stock after selling 33,434 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Host Hotels & Resorts were worth $229,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Armstrong Advisory Group Inc. raised its position in shares of Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock valued at $26,000 after acquiring an additional 1,516 shares during the last quarter. TD Private Client Wealth LLC grew its stake in shares of Host Hotels & Resorts by 50.0% during the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after purchasing an additional 691 shares during the period. AlphaQuest LLC acquired a new stake in shares of Host Hotels & Resorts during the first quarter worth $33,000. Ameritas Advisory Services LLC bought a new stake in Host Hotels & Resorts in the second quarter valued at about $33,000. Finally, Brooklyn Investment Group lifted its stake in Host Hotels & Resorts by 348.1% in the first quarter. Brooklyn Investment Group now owns 2,375 shares of the company’s stock valued at $34,000 after buying an additional 1,845 shares during the period. 98.52% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on HST shares. Weiss Ratings restated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday. Cantor Fitzgerald initiated coverage on shares of Host Hotels & Resorts in a research note on Wednesday, October 1st. They set a “neutral” rating and a $19.00 price objective on the stock. Evercore ISI downgraded shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price for the company. in a research note on Tuesday, November 11th. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $18.38.

Host Hotels & Resorts Price Performance

NASDAQ HST opened at $17.53 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 18.65 and a beta of 1.36. The business has a 50 day simple moving average of $16.94 and a 200 day simple moving average of $16.45. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $19.36.

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

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is 76.19%.

Host Hotels & Resorts Company 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.