Host Hotels & Resorts (NASDAQ:HST) Reaches New 52-Week High – What’s Next?

Host Hotels & Resorts, Inc. (NASDAQ:HST)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $19.58 and last traded at $19.54, with a volume of 4522841 shares traded. The stock had previously closed at $19.35.

Analysts Set New Price Targets

HST has been the topic of a number of research analyst reports. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their target price for the stock from $18.00 to $22.00 in a report on Friday, November 7th. Barclays began coverage on Host Hotels & Resorts in a research note on Tuesday, January 6th. They set an “equal weight” rating and a $19.00 price objective on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Evercore cut shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a report on Tuesday, November 11th. Finally, Morgan Stanley set a $18.00 price target on shares of Host Hotels & Resorts in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.32.

Host Hotels & Resorts Stock Up 1.0%

The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm’s 50-day moving average price is $18.35 and its 200 day moving average price is $17.35. The firm has a market cap of $13.44 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 2.27 and a beta of 1.17.

Host Hotels & Resorts Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.15 dividend. The ex-dividend date was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s dividend payout ratio is 76.19%.

Insider Buying and Selling at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $18.47, for a total transaction of $167,818.42. Following the sale, the executive vice president owned 659,841 shares of the company’s stock, valued at approximately $12,187,263.27. The trade was a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

Several hedge funds have recently added to or reduced their stakes in the business. Nordea Investment Management AB boosted its position in Host Hotels & Resorts by 48.3% during the 2nd quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after acquiring an additional 81,624 shares during the period. Frank Rimerman Advisors LLC purchased a new stake in shares of Host Hotels & Resorts in the second quarter worth approximately $707,000. Rakuten Investment Management Inc. acquired a new stake in shares of Host Hotels & Resorts during the third quarter worth approximately $474,000. Stevens Capital Management LP acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth approximately $164,000. Finally, AlphaQuest LLC grew its position in Host Hotels & Resorts by 150.4% during the third quarter. AlphaQuest LLC now owns 185,573 shares of the company’s stock valued at $3,158,000 after purchasing an additional 111,452 shares in the last quarter. 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.