Nomura Holdings Inc. Increases Holdings in Host Hotels & Resorts, Inc. $HST

Nomura Holdings Inc. lifted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 48.3% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 258,186 shares of the company’s stock after acquiring an additional 84,053 shares during the period. Nomura Holdings Inc.’s holdings in Host Hotels & Resorts were worth $3,966,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in HST. Armstrong Advisory Group Inc. lifted its stake in shares of Host Hotels & Resorts by 953.5% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock valued at $26,000 after purchasing an additional 1,516 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth approximately $29,000. TD Private Client Wealth LLC increased its position in shares of Host Hotels & Resorts by 50.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 691 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in Host Hotels & Resorts in the second quarter valued at $32,000. Finally, AlphaQuest LLC acquired a new stake in shares of Host Hotels & Resorts during the 1st quarter worth about $33,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on HST shares. Truist Financial lifted their price target on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the stock a “hold” rating in a research note on Thursday, December 4th. Wells Fargo & Company raised Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. UBS Group lifted their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. JPMorgan Chase & Co. upped their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Finally, Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the company from $18.00 to $22.00 in a report on Friday, November 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.54.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the sale, the executive vice president owned 668,927 shares in the company, valued at $12,141,025.05. This trade represents a 1.76% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Host Hotels & Resorts Trading Up 1.5%

Shares of HST stock opened at $18.64 on Tuesday. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.03. The firm has a market cap of $12.82 billion, a P/E ratio of 17.75 and a beta of 1.18. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The firm’s 50-day simple moving average is $17.05 and its 200-day simple moving average is $16.62.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the business earned $0.36 earnings per share. The firm’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. As a group, equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a $0.15 dividend. The ex-dividend date is Wednesday, December 31st. This represents a dividend yield of 82.0%. Host Hotels & Resorts’s dividend payout ratio is 76.19%.

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.