Asset Management One Co. Ltd. Sells 63,939 Shares of Host Hotels & Resorts, Inc. $HST

Asset Management One Co. Ltd. lessened its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,078,145 shares of the company’s stock after selling 63,939 shares during the period. Asset Management One Co. Ltd. owned about 0.16% of Host Hotels & Resorts worth $18,350,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in HST. 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 worth $26,000 after buying an additional 1,516 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts during the 2nd quarter valued at about $29,000. TD Private Client Wealth LLC increased its stake in shares of Host Hotels & Resorts by 50.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after purchasing an additional 691 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $32,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Host Hotels & Resorts in the second quarter valued at about $33,000. Institutional investors own 98.52% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Nathan S. Tyrrell sold 11,954 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the sale, the executive vice president owned 668,927 shares of the company’s stock, valued at approximately $12,141,025.05. This represents a 1.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.40% of the company’s stock.

Host Hotels & Resorts Trading Down 0.2%

Host Hotels & Resorts stock opened at $18.12 on Tuesday. The stock’s 50 day simple moving average is $17.62 and its two-hundred day simple moving average is $16.90. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $18.72. The firm has a market cap of $12.46 billion, a PE ratio of 17.26 and a beta of 1.18.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The firm had revenue of $1.33 billion during 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%.Host Hotels & Resorts’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a dividend yield of 85.0%. Host Hotels & Resorts’s payout ratio is currently 76.19%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on HST. 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. JPMorgan Chase & Co. upped their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price target for the stock from $18.00 to $22.00 in a research report on Friday, November 7th. UBS Group increased their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Finally, Cantor Fitzgerald began coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price on the stock. One 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 company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $18.54.

Host Hotels & Resorts Company Profile

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.