Banco Bilbao Vizcaya Argentaria S.A. Raises Stock Position in Host Hotels & Resorts, Inc. $HST

Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 4.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 166,460 shares of the company’s stock after purchasing an additional 7,105 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Host Hotels & Resorts were worth $2,557,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. increased its stake in Host Hotels & Resorts by 11.1% during the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock valued at $356,088,000 after purchasing an additional 2,503,550 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Host Hotels & Resorts by 2.6% during the second quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock valued at $398,425,000 after buying an additional 636,983 shares during the last quarter. Centersquare Investment Management LLC increased its position in shares of Host Hotels & Resorts by 1.7% in the 1st quarter. Centersquare Investment Management LLC now owns 11,235,809 shares of the company’s stock valued at $159,661,000 after acquiring an additional 183,653 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Host Hotels & Resorts by 3.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,553,946 shares of the company’s stock worth $107,342,000 after acquiring an additional 227,202 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Host Hotels & Resorts by 2.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock worth $87,075,000 after acquiring an additional 154,893 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Up 0.1%

Shares of HST opened at $17.59 on Monday. The stock has a 50 day moving average price of $16.96 and a 200 day moving average price of $16.25. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market capitalization of $12.10 billion, a price-to-earnings ratio of 18.71 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the previous year, the firm posted $0.36 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 76.19%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on HST shares. Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a research report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 price target for the company. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. UBS Group boosted their target price on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Monday, September 22nd. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and increased their price target for the stock from $18.00 to $22.00 in a research report on Friday, November 7th. Finally, Stifel Nicolaus lifted their price objective on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.38.

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.