Nathan Tyrrell Sells 11,954 Shares of Host Hotels & Resorts (NASDAQ:HST) Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 11,954 shares of the stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $18.15, for a total value of $216,965.10. Following the completion of the sale, the executive vice president owned 668,927 shares in the company, valued at approximately $12,141,025.05. This trade represents a 1.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Host Hotels & Resorts Trading Down 1.9%

HST stock opened at $18.29 on Wednesday. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $18.86. The stock has a market cap of $12.58 billion, a price-to-earnings ratio of 17.42 and a beta of 1.18. The company has a fifty day moving average price of $17.09 and a two-hundred day moving average price of $16.64. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. Host Hotels & Resorts’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed an annual dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $0.15 per share. This represents a dividend yield of 82.0%. The ex-dividend date is Wednesday, December 31st. Host Hotels & Resorts’s payout ratio is currently 76.19%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on HST shares. JPMorgan Chase & Co. increased their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price objective for the company from $18.00 to $22.00 in a report on Friday, November 7th. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. Finally, Truist Financial upped their price target on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “hold” rating in a research note on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.54.

Institutional Trading of Host Hotels & Resorts

Several large investors have recently modified their holdings of the stock. Armstrong Advisory Group Inc. raised its stake in Host Hotels & Resorts by 953.5% in the second quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock valued at $26,000 after purchasing an additional 1,516 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $29,000. Clearstead Advisors LLC raised its position in shares of Host Hotels & Resorts by 79.6% in the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after buying an additional 786 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings in shares of Host Hotels & Resorts by 50.0% during the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after acquiring an additional 691 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $32,000. 98.52% of the stock is owned by institutional investors and hedge funds.

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.