Barclays PLC decreased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 26.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,954,979 shares of the company’s stock after selling 691,177 shares during the period. Barclays PLC owned about 0.28% of Host Hotels & Resorts worth $33,274,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC grew its position in Host Hotels & Resorts by 80.5% during the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock valued at $338,000 after acquiring an additional 10,618 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Host Hotels & Resorts by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock worth $74,027,000 after acquiring an additional 1,019,345 shares during the period. Empowered Funds LLC lifted its position in Host Hotels & Resorts by 6.1% during the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after acquiring an additional 1,088 shares during the period. Sivia Capital Partners LLC purchased a new stake in shares of Host Hotels & Resorts in the second quarter worth $190,000. Finally, Savant Capital LLC grew its holdings in shares of Host Hotels & Resorts by 224.4% during the second quarter. Savant Capital LLC now owns 48,116 shares of the company’s stock valued at $739,000 after buying an additional 33,282 shares during the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.
Host Hotels & Resorts Trading Up 0.5%
Shares of Host Hotels & Resorts stock opened at $19.25 on Wednesday. The stock has a market cap of $13.24 billion, a PE ratio of 17.50, a price-to-earnings-growth ratio of 2.22 and a beta of 1.13. The firm has a fifty day moving average price of $19.07 and a 200 day moving average price of $17.93. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.59 and a quick ratio of 2.59. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $21.00.
Host Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be given a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.2%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 72.73%.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on HST shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. JPMorgan Chase & Co. lifted their price objective on shares of Host Hotels & Resorts from $20.00 to $21.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Cantor Fitzgerald boosted their target price on Host Hotels & Resorts from $19.00 to $21.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 3rd. Stifel Nicolaus set a $22.00 price target on shares of Host Hotels & Resorts in a report on Thursday, February 19th. Finally, Robert W. Baird set a $20.00 price objective on Host Hotels & Resorts in a report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.00.
Get Our Latest Stock Report on HST
Insider Transactions at Host Hotels & Resorts
In other news, EVP Nathan S. Tyrrell sold 11,954 shares of the company’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $18.15, for a total value of $216,965.10. Following the completion of the transaction, the executive vice president owned 668,927 shares in the company, valued at approximately $12,141,025.05. This represents a 1.76% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through 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.
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