Host Hotels & Resorts (NASDAQ:HST) Hits New 1-Year High Following Analyst Upgrade

Host Hotels & Resorts, Inc. (NASDAQ:HST)’s stock price reached a new 52-week high during trading on Wednesday after Truist Financial raised their price target on the stock from $23.00 to $24.00. Truist Financial currently has a buy rating on the stock. Host Hotels & Resorts traded as high as $23.17 and last traded at $23.11, with a volume of 8959639 shares changing hands. The stock had previously closed at $22.38.

HST has been the topic of several other reports. Weiss Ratings raised Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, May 11th. Barclays raised their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. Cantor Fitzgerald raised their price objective on Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, May 13th. Argus raised Host Hotels & Resorts to a “strong-buy” rating in a research report on Wednesday, March 18th. Finally, UBS Group raised their price objective on Host Hotels & Resorts from $18.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average price target of $22.00.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the sale, the executive vice president directly owned 697,658 shares of the company’s stock, valued at approximately $15,348,476. The trade was a 7.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the business. SJS Investment Consulting Inc. increased its position in shares of Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after acquiring an additional 641 shares during the last quarter. Zions Bancorporation National Association UT increased its position in shares of Host Hotels & Resorts by 89.1% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after acquiring an additional 781 shares during the last quarter. Clearstead Advisors LLC increased its position in shares of Host Hotels & Resorts by 79.6% during the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after acquiring an additional 786 shares during the last quarter. Cedar Mountain Advisors LLC purchased a new stake in shares of Host Hotels & Resorts during the first quarter worth about $35,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth about $29,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

The firm has a market capitalization of $15.83 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91. The stock has a 50-day moving average price of $20.55 and a 200-day moving average price of $19.25.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.65 billion for 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. The company’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. On average, research analysts expect that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s payout ratio is presently 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.