Sanctuary Advisors LLC acquired a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 58,483 shares of the company’s stock, valued at approximately $1,387,000.
Other large investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. increased its position in shares of Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after acquiring an additional 641 shares during the last quarter. Zions Bancorporation National Association UT lifted its holdings in shares of Host Hotels & Resorts by 89.1% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after acquiring an additional 781 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of Host Hotels & Resorts in the 1st quarter worth approximately $35,000. CYBER HORNET ETFs LLC purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $29,000. Finally, MUFG Securities EMEA plc acquired a new stake in Host Hotels & Resorts in the 2nd quarter valued at approximately $32,000. Institutional investors and hedge funds own 98.52% of the company’s stock.
Host Hotels & Resorts Price Performance
Host Hotels & Resorts stock opened at $22.43 on Thursday. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The firm has a market cap of $15.37 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The company’s 50 day moving average is $23.87 and its two-hundred day moving average is $21.96.
Analysts Set New Price Targets
HST has been the topic of a number of research analyst reports. Truist Financial boosted 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. Barclays lifted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Wells Fargo & Company increased their target price on Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. LADENBURG THALM/SH SH raised their target price on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Finally, Weiss Ratings raised Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.33.
View Our Latest Stock Analysis on Host Hotels & Resorts
Insider Transactions at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the business’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the transaction, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. The trade was a 9.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 1.50% of the company’s stock.
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.
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