SG Americas Securities LLC boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 218.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 296,673 shares of the company’s stock after purchasing an additional 203,433 shares during the period. SG Americas Securities LLC’s holdings in Host Hotels & Resorts were worth $5,049,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $554,669,000. Geode Capital Management LLC grew its holdings in Host Hotels & Resorts by 2.6% during the second quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock worth $398,425,000 after acquiring an additional 636,983 shares during the period. Charles Schwab Investment Management Inc. raised its position 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 acquiring an additional 341,915 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Host Hotels & Resorts by 3.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 7,553,946 shares of the company’s stock worth $107,342,000 after acquiring an additional 227,202 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Host Hotels & Resorts by 2.8% in 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 acquiring an additional 154,893 shares during the period. Hedge funds and other institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Price Performance
Shares of NASDAQ HST opened at $18.44 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 company’s 50-day moving average price is $17.78 and its 200 day moving average price is $16.96. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $18.72. The stock has a market cap of $12.68 billion, a price-to-earnings ratio of 17.56 and a beta of 1.18.
Host Hotels & Resorts Dividend Announcement
The business also recently announced an annual dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s dividend payout ratio is presently 76.19%.
Analysts Set New Price Targets
HST has been the topic of a number of recent analyst reports. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price target for the stock from $18.00 to $22.00 in a research note on Friday, November 7th. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Truist Financial upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Finally, UBS Group set a $21.00 price target on Host Hotels & Resorts in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $18.81.
View Our Latest Analysis on Host Hotels & Resorts
Insider Transactions at Host Hotels & Resorts
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 9,086 shares of the 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 sale, the executive vice president owned 659,841 shares in the company, valued at approximately $12,187,263.27. This represents a 1.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.40% of the company’s stock.
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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