Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) has received a consensus rating of “Moderate Buy” from the thirteen brokerages that are currently covering the stock, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $18.5417.
Several equities research analysts recently commented on HST shares. Wells Fargo & Company raised Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Evercore ISI cut 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 report on Tuesday, November 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Host Hotels & Resorts in a report on Monday, December 15th. Compass Point raised Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the company from $18.00 to $22.00 in a research note on Friday, November 7th. Finally, Truist Financial lifted their target price on Host Hotels & Resorts from $19.00 to $21.00 and gave the stock a “hold” rating in a report on Thursday, December 4th.
Check Out Our Latest Analysis on HST
Host Hotels & Resorts Stock Up 0.3%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate 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 revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, research analysts forecast that Host Hotels & Resorts will post 1.88 EPS for the current year.
Host Hotels & Resorts Dividend Announcement
The firm also recently announced an annual dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a yield of 82.0%. Host Hotels & Resorts’s dividend payout ratio is currently 76.19%.
Insiders Place Their Bets
In related news, EVP Nathan S. Tyrrell sold 9,086 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $18.47, for a total transaction of $167,818.42. Following the completion of the sale, the executive vice president directly owned 659,841 shares in the company, valued at approximately $12,187,263.27. This trade represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.40% of the company’s stock.
Institutional Investors Weigh In On Host Hotels & Resorts
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new stake in Host Hotels & Resorts during the second quarter valued at $554,669,000. Caisse de depot et placement du Quebec raised its stake in shares of Host Hotels & Resorts by 475.8% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 7,061,055 shares of the company’s stock worth $120,179,000 after purchasing an additional 5,834,750 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Host Hotels & Resorts by 96.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 10,390,395 shares of the company’s stock valued at $176,845,000 after buying an additional 5,096,099 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Host Hotels & Resorts by 508.0% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 5,631,541 shares of the company’s stock valued at $95,849,000 after buying an additional 4,705,282 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Host Hotels & Resorts by 68.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 7,370,907 shares of the company’s stock valued at $125,454,000 after buying an additional 2,999,082 shares in the last quarter. Institutional investors and hedge funds own 98.52% 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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