Host Hotels & Resorts, Inc. $HST Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund cut its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 9.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 546,776 shares of the company’s stock after selling 55,834 shares during the quarter. Illinois Municipal Retirement Fund owned 0.08% of Host Hotels & Resorts worth $9,306,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of HST. AlphaQuest LLC increased its holdings in Host Hotels & Resorts by 150.4% during the 3rd quarter. AlphaQuest LLC now owns 185,573 shares of the company’s stock valued at $3,158,000 after acquiring an additional 111,452 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Host Hotels & Resorts by 48.3% during the 2nd quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after purchasing an additional 81,624 shares in the last quarter. Frank Rimerman Advisors LLC acquired a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $707,000. Rakuten Investment Management Inc. purchased a new stake in Host Hotels & Resorts in the 3rd quarter valued at approximately $474,000. Finally, Stevens Capital Management LP purchased a new stake in Host Hotels & Resorts in the 2nd quarter valued at approximately $164,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have weighed in on HST. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Robert W. Baird set a $20.00 price objective on Host Hotels & Resorts in a research report on Monday, January 12th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and boosted their target price for the company from $18.00 to $22.00 in a research note on Friday, November 7th. Morgan Stanley set a $18.00 target price on shares of Host Hotels & Resorts in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.32.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $19.89 on Friday. The business’s 50-day moving average price is $18.54 and its 200 day moving average price is $17.43. 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 twelve month low of $12.22 and a twelve month high of $20.33. The company has a market capitalization of $13.68 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 2.29 and a beta of 1.17.

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. This represents a dividend yield of 85.0%. The ex-dividend date was Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is 76.19%.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 9,086 shares of the company’s stock in a transaction on Friday, December 12th. The stock was 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 $12,187,263.27. This represents a 1.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 1.40% of the stock is owned by corporate insiders.

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.