SG Americas Securities LLC raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 218.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 296,673 shares of the company’s stock after acquiring an additional 203,433 shares during the quarter. SG Americas Securities LLC’s holdings in Host Hotels & Resorts were worth $5,049,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Nordea Investment Management AB lifted its position in shares of Host Hotels & Resorts by 48.3% during the 2nd quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after buying an additional 81,624 shares during the last quarter. Frank Rimerman Advisors LLC purchased a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at $707,000. Stevens Capital Management LP acquired a new stake in Host Hotels & Resorts during the 2nd quarter worth $164,000. Creative Planning lifted its position in Host Hotels & Resorts by 125.7% in the second quarter. Creative Planning now owns 114,453 shares of the company’s stock valued at $1,758,000 after acquiring an additional 63,747 shares during the last quarter. Finally, Ballentine Partners LLC purchased a new stake in Host Hotels & Resorts in the second quarter valued at $202,000. Institutional investors and hedge funds own 98.52% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on HST shares. UBS Group set a $21.00 price objective on Host Hotels & Resorts in a report on Friday. Cantor Fitzgerald started coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 target price for the company. Evercore ISI downgraded Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research note on Tuesday, November 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Finally, Truist Financial upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $18.81.
Host Hotels & Resorts Price Performance
Shares of HST opened at $18.44 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $18.72. The firm has a 50-day simple moving average of $17.78 and a 200-day simple moving average of $16.96. The company has a market capitalization of $12.68 billion, a price-to-earnings ratio of 17.56 and a beta of 1.18.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, beating the consensus estimate 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 period in the prior year, the business earned $0.36 EPS. The firm’s 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. On average, equities 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 business also recently declared an annual dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a dividend yield of 85.0%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.19%.
Insider Buying and Selling at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts 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 transaction, the executive vice president directly owned 659,841 shares in the company, valued at $12,187,263.27. This trade represents a 1.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.40% 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.
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