Allspring Global Investments Holdings LLC boosted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 4.4% in the first quarter, Holdings Channel reports. The institutional investor owned 599,069 shares of the company’s stock after buying an additional 25,041 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Host Hotels & Resorts were worth $11,442,000 at the end of the most recent quarter.
A number of other large investors have also added to or reduced their stakes in the business. Zions Bancorporation National Association UT boosted its position in Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after buying an additional 781 shares during the period. CYBER HORNET ETFs LLC acquired a new position in Host Hotels & Resorts in the 2nd quarter valued at approximately $29,000. SJS Investment Consulting Inc. increased its position in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after acquiring an additional 641 shares during the period. MUFG Securities EMEA plc bought a new position in shares of Host Hotels & Resorts during the second quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in shares of Host Hotels & Resorts during the first quarter valued at $35,000. Institutional investors own 98.52% of the company’s stock.
Insiders Place Their Bets
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president directly owned 682,089 shares in the company, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Stock Up 0.2%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. 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 company posted $0.64 earnings per share. Host Hotels & Resorts’s revenue for the quarter was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current year.
Host Hotels & Resorts Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 dividend on an annualized basis and a yield of 3.3%. Host Hotels & Resorts’s dividend payout ratio is 54.42%.
Analysts Set New Price Targets
HST has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday. Stifel Nicolaus set a $26.25 target price on Host Hotels & Resorts in a research report on Thursday, June 4th. Raymond James Financial reaffirmed an “outperform” rating and set a $27.00 target price on shares of Host Hotels & Resorts in a research report on Monday, June 8th. UBS Group lifted their target price on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Finally, Wells Fargo & Company increased their price target 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. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus target price of $24.20.
Get Our Latest Research Report on HST
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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