Nathan Tyrrell Sells 9,086 Shares of Host Hotels & Resorts (NASDAQ:HST) Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 9,086 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the completion of the sale, the executive vice president directly owned 659,841 shares of the company’s stock, valued at $12,187,263.27. The trade was a 1.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Host Hotels & Resorts Trading Down 1.9%

Shares of NASDAQ:HST opened at $18.29 on Wednesday. The business’s 50-day moving average is $17.09 and its 200 day moving average is $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, Inc. has a 1 year low of $12.22 and a 1 year high of $18.86. The firm has a market capitalization of $12.58 billion, a P/E ratio of 17.42 and a beta of 1.18.

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

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a dividend yield of 82.0%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.19%.

Hedge Funds Weigh In On Host Hotels & Resorts

Institutional investors and hedge funds have recently modified their holdings of the stock. TD Private Client Wealth LLC increased its stake in Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 691 shares during the period. Verdence Capital Advisors LLC grew its holdings in shares of Host Hotels & Resorts by 3.0% during the third quarter. Verdence Capital Advisors LLC now owns 25,731 shares of the company’s stock worth $428,000 after buying an additional 738 shares during the last quarter. Huntington National Bank increased its position in Host Hotels & Resorts by 17.8% in the 3rd quarter. Huntington National Bank now owns 4,951 shares of the company’s stock valued at $84,000 after acquiring an additional 749 shares during the period. Advisors Asset Management Inc. raised its stake in Host Hotels & Resorts by 3.7% during the 1st quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company’s stock valued at $303,000 after acquiring an additional 765 shares during the last quarter. Finally, Clearstead Advisors LLC lifted its position in Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after acquiring an additional 786 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on HST shares. Truist Financial upped their target price on Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Evercore ISI downgraded Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research note on Tuesday, November 11th. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday. Finally, JPMorgan Chase & Co. upped their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and an average price target of $18.54.

Host Hotels & Resorts Company Profile

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.