Host Hotels & Resorts (NASDAQ:HST) Price Target Raised to $24.00 at Barclays

Host Hotels & Resorts (NASDAQ:HST) had its price objective increased by Barclays from $23.00 to $24.00 in a research report released on Tuesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other equities analysts have also commented on the company. Citigroup upped their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Stifel Nicolaus set a $26.25 price target on Host Hotels & Resorts in a research note on Thursday, June 4th. LADENBURG THALM/SH SH lifted their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Raymond James Financial restated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a report on Monday, June 8th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $24.20.

Host Hotels & Resorts Stock Up 1.6%

HST stock opened at $24.44 on Tuesday. The company has a 50 day moving average price of $23.64 and a two-hundred day moving average price of $20.99. The company has a debt-to-equity ratio of 0.74, a quick ratio of 7.91 and a current ratio of 7.91. The stock has a market capitalization of $16.74 billion, a P/E ratio of 16.63, a PEG ratio of 2.71 and a beta of 1.09. Host Hotels & Resorts has a one year low of $15.11 and a one year high of $25.41.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the company posted $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. As a group, sell-side analysts expect that Host Hotels & Resorts will post 2.14 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.20 per share. 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 is presently 54.42%.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction on Friday, May 8th. The stock was sold at an average price of $22.00, for a total value of $1,288,738.00. Following the transaction, the executive vice president owned 697,658 shares in the company, valued at approximately $15,348,476. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Host Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the company. Waterloo Capital L.P. grew its stake in Host Hotels & Resorts by 543.6% during the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after buying an additional 140,932 shares during the period. Arbejdsmarkedets Tillaegspension purchased a new position in shares of Host Hotels & Resorts in the 4th quarter valued at $23,632,000. Convergence Investment Partners LLC acquired a new position in shares of Host Hotels & Resorts during the 4th quarter valued at $843,000. Meiji Yasuda Asset Management Co Ltd. boosted its position in Host Hotels & Resorts by 139.2% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company’s stock worth $2,511,000 after purchasing an additional 82,420 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC increased its holdings in Host Hotels & Resorts by 41.8% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock valued at $38,465,000 after purchasing an additional 639,695 shares in 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.