Sumitomo Mitsui Trust Group Inc. Boosts Stock Holdings in Host Hotels & Resorts, Inc. $HST

Sumitomo Mitsui Trust Group Inc. grew its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 18.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,718,308 shares of the company’s stock after purchasing an additional 418,216 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.40% of Host Hotels & Resorts worth $52,083,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of HST. NewEdge Advisors LLC lifted its position in shares of Host Hotels & Resorts by 80.5% during the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock worth $338,000 after acquiring an additional 10,618 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Host Hotels & Resorts by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after purchasing an additional 1,019,345 shares during the period. Empowered Funds LLC raised its stake in shares of Host Hotels & Resorts by 6.1% during the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after purchasing an additional 1,088 shares during the period. Sivia Capital Partners LLC purchased a new stake in Host Hotels & Resorts during the 2nd quarter worth about $190,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Host Hotels & Resorts by 413.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,718 shares of the company’s stock worth $72,000 after purchasing an additional 3,799 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total value of $358,087.00. Following the completion of the transaction, the executive vice president owned 682,089 shares of the company’s stock, valued at $15,688,047. The trade was a 2.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on HST shares. Cantor Fitzgerald lifted their target price on Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, May 13th. Raymond James Financial reissued an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a report on Monday, June 8th. Truist Financial boosted their price objective 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 objective on shares of Host Hotels & Resorts in a research note on Wednesday, June 17th. Finally, Barclays upped their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the stock an “equal weight” rating in a report on Monday, June 1st. One 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. According to MarketBeat, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $23.95.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $23.18 on Monday. The firm has a market capitalization of $15.88 billion, a P/E ratio of 15.77, a P/E/G ratio of 2.62 and a beta of 1.09. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. The stock’s 50-day simple moving average is $23.34 and its two-hundred day simple moving average is $20.73. Host Hotels & Resorts, Inc. has a twelve month low of $15.11 and a twelve month high of $25.41.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results 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. The firm had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. As a group, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.20 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.5%. Host Hotels & Resorts’s payout ratio is presently 54.42%.

Host Hotels & Resorts Profile

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.