Hsbc Holdings PLC Sells 388,550 Shares of Host Hotels & Resorts, Inc. $HST

Hsbc Holdings PLC trimmed its position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 13.6% during the 4th quarter, HoldingsChannel reports. The firm owned 2,468,358 shares of the company’s stock after selling 388,550 shares during the period. Hsbc Holdings PLC’s holdings in Host Hotels & Resorts were worth $43,783,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in HST. SG Trading Solutions LLC bought a new position in shares of Host Hotels & Resorts in the 4th quarter worth approximately $566,000. Mcguire Capital Advisors Inc. bought a new stake in Host Hotels & Resorts during the fourth quarter valued at approximately $508,000. Compound Planning Inc. grew its position in Host Hotels & Resorts by 25.3% during the fourth quarter. Compound Planning Inc. now owns 14,777 shares of the company’s stock valued at $262,000 after buying an additional 2,982 shares during the period. Corient Private Wealth LLC increased its holdings in Host Hotels & Resorts by 24.4% during the fourth quarter. Corient Private Wealth LLC now owns 128,481 shares of the company’s stock valued at $2,278,000 after buying an additional 25,225 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in Host Hotels & Resorts by 1.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 653,833 shares of the company’s stock valued at $11,592,000 after buying an additional 11,550 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.

Insider Activity

In related news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the sale, the executive vice president owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Stock Performance

HST opened at $24.82 on Wednesday. The company has a 50 day simple moving average of $22.60 and a two-hundred day simple moving average of $20.20. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91. The firm has a market cap of $17.00 billion, a P/E ratio of 16.88, a PEG ratio of 2.84 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 1-year low of $15.11 and a 1-year high of $25.41.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.36 by $0.31. The firm had revenue of $1.65 billion for 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%. The company’s revenue was up 3.2% on a year-over-year basis. During the same period last year, the firm earned $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 2.13 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.2%. Host Hotels & Resorts’s dividend payout ratio is 54.42%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, June 15th. LADENBURG THALM/SH SH upped their price objective on Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. UBS Group raised their target price on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Argus set a $27.00 target price on Host Hotels & Resorts in a research report on Wednesday, June 17th. Finally, Morgan Stanley boosted their price target on Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. One 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’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $23.95.

Check Out Our Latest Stock Analysis on HST

About Host Hotels & Resorts

(Free Report)

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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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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