Duff & Phelps Investment Management Co. Sells 2,383,184 Shares of Host Hotels & Resorts, Inc. $HST

Duff & Phelps Investment Management Co. trimmed its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 89.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 296,029 shares of the company’s stock after selling 2,383,184 shares during the quarter. Duff & Phelps Investment Management Co.’s holdings in Host Hotels & Resorts were worth $5,038,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of HST. Franklin Resources Inc. increased its stake in Host Hotels & Resorts by 2.5% during the 3rd quarter. Franklin Resources Inc. now owns 392,015 shares of the company’s stock valued at $6,672,000 after purchasing an additional 9,610 shares in the last quarter. Van ECK Associates Corp raised its holdings in Host Hotels & Resorts by 10.8% during the third quarter. Van ECK Associates Corp now owns 168,628 shares of the company’s stock worth $2,870,000 after buying an additional 16,460 shares during the last quarter. Vestcor Inc lifted its stake in shares of Host Hotels & Resorts by 349.1% in the third quarter. Vestcor Inc now owns 155,566 shares of the company’s stock valued at $2,648,000 after buying an additional 120,928 shares in the last quarter. Swiss National Bank lifted its stake in shares of Host Hotels & Resorts by 1.7% in the third quarter. Swiss National Bank now owns 1,345,179 shares of the company’s stock valued at $22,895,000 after buying an additional 22,900 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of Host Hotels & Resorts by 68.6% during the third quarter. Russell Investments Group Ltd. now owns 7,370,907 shares of the company’s stock valued at $125,454,000 after buying an additional 2,999,082 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently weighed in on HST. Robert W. Baird set a $20.00 target price on shares of Host Hotels & Resorts in a report on Monday, January 12th. Citigroup lifted their price target on Host Hotels & Resorts from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a report on Tuesday, January 13th. JPMorgan Chase & Co. increased their price objective on Host Hotels & Resorts from $20.00 to $21.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. Finally, Barclays assumed coverage on Host Hotels & Resorts in a report on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and an average target price of $20.00.

Insider Buying and Selling at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 9,086 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the transaction, the executive vice president owned 659,841 shares in the company, valued at $12,187,263.27. The trade was a 1.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is owned by insiders.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $19.18 on Thursday. The firm has a 50-day moving average of $19.10 and a 200-day moving average of $17.94. The company has a market cap of $13.19 billion, a P/E ratio of 17.44, a P/E/G ratio of 2.23 and a beta of 1.13. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.59 and a quick ratio of 2.59. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $21.00.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.27). Host Hotels & Resorts had a return on equity of 11.54% and a net margin of 12.51%.The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter last year, the firm posted $0.44 earnings per share. The firm’s revenue for the quarter was up 12.3% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.2%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 72.73%.

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.