Cohen & Steers Inc. Sells 15,124,997 Shares of Host Hotels & Resorts, Inc. $HST

Cohen & Steers Inc. reduced its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 17.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 70,675,312 shares of the company’s stock after selling 15,124,997 shares during the period. Host Hotels & Resorts comprises about 2.3% of Cohen & Steers Inc.’s investment portfolio, making the stock its 11th biggest position. Cohen & Steers Inc. owned 10.28% of Host Hotels & Resorts worth $1,253,318,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its position in Host Hotels & Resorts by 80.5% in the 1st quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock valued at $338,000 after acquiring an additional 10,618 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Host Hotels & Resorts by 24.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after acquiring an additional 1,019,345 shares in the last quarter. Empowered Funds LLC increased its position in Host Hotels & Resorts by 6.1% in the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after acquiring an additional 1,088 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Host Hotels & Resorts in the 2nd quarter valued at about $190,000. Finally, EverSource Wealth Advisors LLC increased its position in Host Hotels & Resorts by 413.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,718 shares of the company’s stock valued at $72,000 after acquiring an additional 3,799 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction that occurred 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 transaction, the executive vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

HST has been the subject of several research reports. Argus upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a research report on Wednesday, March 18th. Citigroup raised their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Morgan Stanley raised their price objective on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. raised their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Finally, Barclays raised their price objective on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. One research 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 data from MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.75.

Host Hotels & Resorts Stock Up 2.3%

Host Hotels & Resorts stock opened at $24.89 on Friday. The company’s 50 day simple moving average is $21.84 and its 200 day simple moving average is $19.83. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.07 and a fifty-two week high of $24.90. The firm has a market capitalization of $17.05 billion, a price-to-earnings ratio of 16.93, a PEG ratio of 2.76 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.

Host Hotels & Resorts (NASDAQ:HST) last released 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 business had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter last year, the firm earned $0.64 EPS. Host Hotels & Resorts’s quarterly revenue 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. As a group, sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.2%. Host Hotels & Resorts’s dividend payout ratio (DPR) 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.