Bank of New York Mellon Corp decreased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 0.8% in the 1st quarter, HoldingsChannel reports. The firm owned 5,930,065 shares of the company’s stock after selling 49,393 shares during the period. Bank of New York Mellon Corp’s holdings in Host Hotels & Resorts were worth $113,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Blackhawk Capital Partners LLC boosted its holdings in shares of Host Hotels & Resorts by 10.8% during the 1st quarter. Blackhawk Capital Partners LLC now owns 23,348 shares of the company’s stock worth $447,000 after buying an additional 2,273 shares during the period. Illinois Municipal Retirement Fund raised its holdings in Host Hotels & Resorts by 1.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 364,309 shares of the company’s stock valued at $6,980,000 after acquiring an additional 5,093 shares during the period. Signet Financial Management LLC raised its holdings in Host Hotels & Resorts by 3.3% in the 1st quarter. Signet Financial Management LLC now owns 34,754 shares of the company’s stock valued at $666,000 after acquiring an additional 1,121 shares during the period. Checchi Capital Advisers LLC bought a new position in Host Hotels & Resorts in the 1st quarter valued at about $226,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in Host Hotels & Resorts during the first quarter worth approximately $5,162,000. 98.52% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research firms recently issued reports on HST. Cantor Fitzgerald boosted their price target on Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Truist Financial increased their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. upped their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Raymond James Financial reaffirmed an “outperform” rating and set a $27.00 price target on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Finally, UBS Group lifted their price objective on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.95.
Insider Buying and Selling at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the sale, the executive vice president directly owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This represents a 2.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Trading Up 0.5%
Shares of Host Hotels & Resorts stock opened at $24.06 on Tuesday. The firm’s 50 day moving average is $23.59 and its 200 day moving average is $20.95. The firm has a market capitalization of $16.48 billion, a PE ratio of 16.37, a price-to-earnings-growth ratio of 2.70 and a beta of 1.09. Host Hotels & Resorts, Inc. has a 1 year low of $15.11 and a 1 year high of $25.41. The company has a current ratio of 7.91, a quick ratio of 7.91 and a debt-to-equity ratio of 0.74.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same period in the previous year, the company earned $0.64 earnings per share. Host Hotels & Resorts’s quarterly revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 2.13 earnings per share for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, June 30th. Host Hotels & Resorts’s payout ratio is 54.42%.
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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