Danske Bank A S bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the second quarter, HoldingsChannel reports. The fund bought 819,046 shares of the company’s stock, valued at approximately $19,420,000.
Other hedge funds have also recently made changes to their positions in the company. Zions Bancorporation National Association UT increased its stake in shares of Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after buying an additional 781 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Host Hotels & Resorts during the 2nd quarter worth approximately $29,000. SJS Investment Consulting Inc. grew its holdings in Host Hotels & Resorts by 64.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after acquiring an additional 641 shares during the last quarter. MUFG Securities EMEA plc acquired a new position in Host Hotels & Resorts in the 2nd quarter valued at approximately $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in Host Hotels & Resorts in the 1st quarter valued at approximately $35,000. 98.52% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
HST has been the topic of a number of recent research reports. Truist Financial lifted their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Wells Fargo & Company raised their target price on Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. JPMorgan Chase & Co. lifted 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. UBS Group upped their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Cantor Fitzgerald increased their price target on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.
Host Hotels & Resorts Stock Performance
Shares of Host Hotels & Resorts stock opened at $23.09 on Friday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The business has a 50-day moving average price of $24.02 and a two-hundred day moving average price of $21.85. Host Hotels & Resorts, Inc. has a 1-year low of $15.61 and a 1-year high of $25.71. The company has a market cap of $15.82 billion, a P/E ratio of 15.39, a PEG ratio of 2.56 and a beta of 1.10.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the business earned $0.58 EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current year.
Insiders Place Their Bets
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total value of $358,087.00. Following the transaction, the executive vice president directly owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.50% of the company’s stock.
About Host Hotels & Resorts
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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