Caprock Group LLC Makes New $1.23 Million Investment in Host Hotels & Resorts, Inc. $HST

Caprock Group LLC purchased a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 71,685 shares of the company’s stock, valued at approximately $1,234,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth about $554,669,000. Geode Capital Management LLC lifted its stake in Host Hotels & Resorts by 2.6% in the second quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock worth $398,425,000 after purchasing an additional 636,983 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Host Hotels & Resorts by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock worth $164,879,000 after purchasing an additional 341,915 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Host Hotels & Resorts by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock valued at $87,075,000 after buying an additional 154,893 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Host Hotels & Resorts by 199.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock valued at $81,320,000 after buying an additional 3,523,534 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Up 1.8%

HST opened at $19.89 on Friday. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm has a market cap of $13.68 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.34 and a beta of 1.17. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $20.33. The stock has a fifty day moving average price of $18.54 and a 200-day moving average price of $17.43.

Host Hotels & Resorts Announces Dividend

The company also recently declared an annual dividend, which was paid on Thursday, January 15th. Stockholders 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 currently 76.19%.

Wall Street Analysts Forecast Growth

HST has been the subject of several research analyst reports. Evercore downgraded Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price for the company. in a research report on Tuesday, November 11th. Morgan Stanley set a $18.00 price objective on shares of Host Hotels & Resorts in a report on Friday, January 16th. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the stock from $18.00 to $22.00 in a research note on Friday, November 7th. Robert W. Baird set a $20.00 target price on shares of Host Hotels & Resorts in a research report on Monday, January 12th. Finally, Barclays started coverage on Host Hotels & Resorts in a research note on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.32.

Insider Activity at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 11,954 shares of the stock in a transaction that occurred on 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 $12,141,025.05. This represents a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by company insiders.

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.