Globeflex Capital L P increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 40.7% in the 1st quarter, HoldingsChannel.com reports. The fund owned 408,250 shares of the company’s stock after acquiring an additional 118,079 shares during the quarter. Host Hotels & Resorts accounts for about 1.2% of Globeflex Capital L P’s investment portfolio, making the stock its 17th biggest holding. Globeflex Capital L P’s holdings in Host Hotels & Resorts were worth $7,822,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of HST. Cetera Investment Advisers boosted its position in Host Hotels & Resorts by 2.6% in the first quarter. Cetera Investment Advisers now owns 132,615 shares of the company’s stock worth $2,541,000 after purchasing an additional 3,339 shares during the last quarter. Lasalle Investment Management Securities LLC grew its stake in shares of Host Hotels & Resorts by 25.7% during the 1st quarter. Lasalle Investment Management Securities LLC now owns 2,030,396 shares of the company’s stock valued at $38,902,000 after purchasing an additional 414,818 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in shares of Host Hotels & Resorts during the 1st quarter valued at about $1,090,000. NewEdge Wealth LLC increased its position in shares of Host Hotels & Resorts by 14.5% during the 1st quarter. NewEdge Wealth LLC now owns 2,163,958 shares of the company’s stock valued at $41,461,000 after purchasing an additional 274,642 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Host Hotels & Resorts by 16.1% in the 1st quarter. First Trust Advisors LP now owns 919,035 shares of the company’s stock worth $17,609,000 after purchasing an additional 127,242 shares during the period. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on HST shares. BMO Capital Markets reissued an “outperform” rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a report on Friday, June 12th. LADENBURG THALM/SH SH upped their target price on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Barclays increased their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Citigroup lifted their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.20.
Host Hotels & Resorts Stock Up 0.2%
NASDAQ HST opened at $24.50 on Thursday. The stock’s 50-day moving average price is $23.70 and its 200-day moving average price is $21.04. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 52 week low of $15.11 and a 52 week high of $25.41. The company has a market capitalization of $16.78 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09.
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, beating analysts’ consensus estimates 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 business’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, equities research analysts predict 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 issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.3%. Host Hotels & Resorts’s payout ratio is currently 54.42%.
Insiders Place Their Bets
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 58,579 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $22.00, for a total value of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares in the company, valued at $15,348,476. This represents a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.50% of the stock is owned by corporate insiders.
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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