Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $25.41 and last traded at $25.4750, with a volume of 7300078 shares changing hands. The stock had previously closed at $24.97.
Analysts Set New Price Targets
Several research firms have weighed in on HST. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a research report on Thursday, June 4th. Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Citigroup upped their price objective on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. raised their target price on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Finally, Truist Financial lifted their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. One equities 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 company’s stock. According to data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.27.
Host Hotels & Resorts Stock Down 1.7%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last issued its earnings results 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. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. Host Hotels & Resorts’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior 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 expect that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current year.
Host Hotels & Resorts Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 54.42%.
Insider Buying and Selling
In related news, EVP Nathan S. Tyrrell sold 58,579 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $22.00, for a total value of $1,288,738.00. Following the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.
Hedge Funds Weigh In On Host Hotels & Resorts
Several hedge funds have recently modified their holdings of the stock. Tema ETFs LLC increased its holdings in Host Hotels & Resorts by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 13,465 shares of the company’s stock valued at $319,000 after acquiring an additional 1,305 shares during the last quarter. Czech National Bank increased its holdings in shares of Host Hotels & Resorts by 4.1% in the second quarter. Czech National Bank now owns 181,297 shares of the company’s stock worth $4,299,000 after purchasing an additional 7,118 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Host Hotels & Resorts by 8.4% in the second quarter. GAMMA Investing LLC now owns 40,054 shares of the company’s stock worth $950,000 after purchasing an additional 3,117 shares during the last quarter. Parallel Advisors LLC lifted its position in shares of Host Hotels & Resorts by 5.4% in the first quarter. Parallel Advisors LLC now owns 18,044 shares of the company’s stock worth $346,000 after buying an additional 919 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Host Hotels & Resorts by 75.3% during the first quarter. NewEdge Advisors LLC now owns 167,691 shares of the company’s stock valued at $3,213,000 after buying an additional 72,043 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Company 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.
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