Wolverine Asset Management LLC Buys Shares of 339,252 Host Hotels & Resorts, Inc. $HST

Wolverine Asset Management LLC acquired a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 339,252 shares of the company’s stock, valued at approximately $5,774,000.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank purchased a new stake in Host Hotels & Resorts during the 2nd quarter worth about $554,669,000. Arrowstreet Capital Limited Partnership increased its position 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 period. AQR Capital Management LLC increased its position in shares of Host Hotels & Resorts by 86.6% during the second quarter. AQR Capital Management LLC now owns 2,607,714 shares of the company’s stock valued at $40,054,000 after buying an additional 1,209,989 shares during the period. Sei Investments Co. lifted its holdings in shares of Host Hotels & Resorts by 37.5% in the second quarter. Sei Investments Co. now owns 4,174,451 shares of the company’s stock worth $64,120,000 after buying an additional 1,137,654 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its position in shares of Host Hotels & Resorts by 24.3% in the first quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after acquiring an additional 1,019,345 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the transaction, the executive vice president directly owned 659,841 shares of the company’s stock, valued at approximately $12,187,263.27. This represents a 1.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on HST shares. Morgan Stanley set a $18.00 price target on shares of Host Hotels & Resorts in a report on Friday. Cantor Fitzgerald began coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. Evercore ISI cut Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a report on Tuesday, November 11th. UBS Group set a $21.00 price objective on Host Hotels & Resorts in a report on Friday, January 9th. Finally, Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $19.18.

Host Hotels & Resorts Stock Up 1.4%

Shares of NASDAQ HST opened at $18.47 on Friday. The firm’s fifty day moving average is $17.94 and its 200 day moving average is $17.03. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $18.72. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market cap of $12.70 billion, a price-to-earnings ratio of 17.59, a PEG ratio of 2.15 and a beta of 1.18.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the business posted $0.36 EPS. The business’s revenue was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, equities research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently announced an annual dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were paid 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 is currently 76.19%.

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.