California Public Employees Retirement System Grows Holdings in Host Hotels & Resorts, Inc. $HST

California Public Employees Retirement System grew its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 10.5% during the first quarter, HoldingsChannel reports. The firm owned 1,496,020 shares of the company’s stock after purchasing an additional 141,653 shares during the quarter. California Public Employees Retirement System’s holdings in Host Hotels & Resorts were worth $28,664,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of Host Hotels & Resorts by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after acquiring an additional 383,490 shares during the period. Norges Bank acquired a new position in shares of Host Hotels & Resorts in the 4th quarter valued at $628,014,000. Invesco Ltd. grew its stake in shares of Host Hotels & Resorts by 9.7% during the 3rd quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock valued at $425,866,000 after buying an additional 2,217,322 shares during the period. Geode Capital Management LLC increased its holdings in shares of Host Hotels & Resorts by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock worth $402,056,000 after buying an additional 493,177 shares during the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Host Hotels & Resorts by 251.9% in the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after buying an additional 9,846,104 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

HST has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on Host Hotels & Resorts from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Truist Financial raised their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Argus set a $27.00 price target on Host Hotels & Resorts in a report on Wednesday, June 17th. Morgan Stanley boosted their price objective on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. Finally, Citigroup raised their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.20.

View Our Latest Research Report on Host Hotels & Resorts

Host Hotels & Resorts Price Performance

HST stock opened at $24.44 on Wednesday. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 52-week low of $15.11 and a 52-week high of $25.41. The stock’s 50 day moving average is $23.64 and its two-hundred day moving average is $20.99. The company has a market capitalization of $16.74 billion, a PE ratio of 16.63, a P/E/G ratio of 2.71 and a beta of 1.09.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.67 EPS 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 company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the business posted $0.64 EPS. The business’s 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. Analysts predict that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is 54.42%.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 58,579 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares of the company’s stock, valued at $15,348,476. This trade represents a 7.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Host Hotels & Resorts Profile

(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.

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

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