Louisiana State Employees Retirement System acquired a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 32,600 shares of the company’s stock, valued at approximately $625,000.
Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in Host Hotels & Resorts by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after purchasing an additional 383,490 shares during the period. Norges Bank acquired a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at about $628,014,000. Invesco Ltd. grew its stake in shares of Host Hotels & Resorts by 9.7% in the 3rd quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock valued at $425,866,000 after buying an additional 2,217,322 shares during the period. Geode Capital Management LLC increased its position in Host Hotels & Resorts by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock valued at $402,056,000 after buying an additional 493,177 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in Host Hotels & Resorts by 251.9% in the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after buying an additional 9,846,104 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the company. Citigroup increased their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. UBS Group upped their target price on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Cantor Fitzgerald increased their target price on Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Truist Financial lifted their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $23.95.
Host Hotels & Resorts Stock Performance
Shares of HST stock opened at $23.35 on Wednesday. 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 50-day moving average of $23.22 and a 200-day moving average of $20.63. Host Hotels & Resorts, Inc. has a one year low of $15.11 and a one year high of $25.41. The company has a market cap of $15.99 billion, a P/E ratio of 15.88, a P/E/G ratio of 2.63 and a beta of 1.09.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last released its quarterly 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. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.4%. Host Hotels & Resorts’s dividend payout ratio is currently 54.42%.
Insider Activity
In related news, EVP Nathan S. Tyrrell sold 58,579 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the sale, the executive vice president directly owned 697,658 shares of the company’s stock, valued at approximately $15,348,476. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.50% of the stock is currently owned by corporate insiders.
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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