Farther Finance Advisors LLC Has $42,000 Stake in Host Hotels & Resorts, Inc. $HST

Farther Finance Advisors LLC lowered its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 36.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,735 shares of the company’s stock after selling 1,552 shares during the quarter. Farther Finance Advisors LLC’s holdings in Host Hotels & Resorts were worth $42,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Tokio Marine Asset Management Co. Ltd. increased its holdings in Host Hotels & Resorts by 2.6% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,842 shares of the company’s stock worth $353,000 after purchasing an additional 638 shares in the last quarter. Resonant Capital Advisors LLC boosted its stake in shares of Host Hotels & Resorts by 5.2% during the first quarter. Resonant Capital Advisors LLC now owns 15,255 shares of the company’s stock valued at $220,000 after purchasing an additional 760 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in shares of Host Hotels & Resorts by 3.7% during the first quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company’s stock worth $303,000 after purchasing an additional 765 shares during the last quarter. Impact Investors Inc grew its holdings in shares of Host Hotels & Resorts by 1.3% during the first quarter. Impact Investors Inc now owns 59,112 shares of the company’s stock worth $840,000 after purchasing an additional 773 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in shares of Host Hotels & Resorts by 28.4% in the first quarter. IFP Advisors Inc now owns 3,648 shares of the company’s stock valued at $52,000 after buying an additional 807 shares during the period. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Trading Down 1.7%

HST opened at $16.62 on Tuesday. The company has a fifty day moving average price of $16.75 and a two-hundred day moving average price of $15.67. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The company has a market cap of $11.43 billion, a P/E ratio of 17.68 and a beta of 1.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the prior year, the firm earned $0.57 EPS. The business’s revenue was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. Analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.8%. Host Hotels & Resorts’s payout ratio is currently 85.11%.

Wall Street Analyst Weigh In

HST has been the topic of several recent research reports. Morgan Stanley reiterated an “outperform” rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Wednesday, August 27th. Stifel Nicolaus raised their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Saturday, September 27th. Finally, Truist Financial increased their price target on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “hold” rating in a research note on Wednesday, September 3rd. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.88.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.