Host Hotels & Resorts (NASDAQ:HST) Upgraded at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Host Hotels & Resorts (NASDAQ:HST) to a strong-buy rating in a research note released on Thursday,Zacks.com reports.

Other analysts also recently issued reports about the company. UBS Group lifted their price objective on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Argus set a $27.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 17th. Morgan Stanley raised their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.27.

Host Hotels & Resorts Trading Up 2.3%

HST opened at $24.50 on Thursday. The stock’s fifty day moving average is $23.81 and its two-hundred day moving average is $21.11. The company has a market capitalization of $16.78 billion, a P/E ratio of 16.67, a PEG ratio of 2.76 and a beta of 1.09. Host Hotels & Resorts has a 52 week low of $15.11 and a 52 week high of $25.41. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the business earned $0.64 EPS. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Analysts forecast that Host Hotels & Resorts will post 2.14 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 54.42%.

Insider Activity

In related news, EVP Nathan S. Tyrrell sold 58,579 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the completion of the transaction, the executive vice president owned 697,658 shares in the company, valued at $15,348,476. The trade was a 7.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of large investors have recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in Host Hotels & Resorts by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after buying an additional 383,490 shares during the last quarter. Norges Bank purchased a new stake in Host Hotels & Resorts in the fourth quarter valued at about $628,014,000. Invesco Ltd. boosted its holdings in Host Hotels & Resorts by 9.7% in the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock worth $425,866,000 after acquiring an additional 2,217,322 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Host Hotels & Resorts by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock worth $402,056,000 after acquiring an additional 493,177 shares in the last quarter. Finally, SG Americas Securities LLC grew its stake in shares of Host Hotels & Resorts by 251.9% during the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after acquiring an additional 9,846,104 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

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.