Nathan Tyrrell Sells 58,579 Shares of Host Hotels & Resorts (NASDAQ:HST) Stock

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) EVP Nathan Tyrrell sold 58,579 shares of the business’s stock in a transaction dated 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 sale, 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 document filed with the SEC, which is available through this hyperlink.

Host Hotels & Resorts Trading Down 0.1%

Shares of HST stock opened at $21.76 on Wednesday. Host Hotels & Resorts, Inc. has a 1-year low of $14.46 and a 1-year high of $22.39. The firm has a market cap of $14.90 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 2.46 and a beta of 1.10. The company has a 50-day moving average of $20.01 and a two-hundred day moving average of $18.84. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 2.59.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the firm earned $0.64 EPS. The business’s revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, analysts predict that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is 54.42%.

Wall Street Analyst Weigh In

HST has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Citigroup raised their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday. Stifel Nicolaus set a $23.00 target price on Host Hotels & Resorts in a research report on Thursday, May 7th. Truist Financial boosted their price target on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Finally, Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus price target of $21.77.

View Our Latest Stock Analysis on Host Hotels & Resorts

Hedge Funds Weigh In On Host Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. CacheTech Inc. lifted its holdings in Host Hotels & Resorts by 13.9% during the 1st quarter. CacheTech Inc. now owns 16,826 shares of the company’s stock worth $322,000 after buying an additional 2,053 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in Host Hotels & Resorts by 17.2% in the first quarter. PNC Financial Services Group Inc. now owns 99,941 shares of the company’s stock valued at $1,915,000 after acquiring an additional 14,681 shares during the last quarter. Baader Bank Aktiengesellschaft acquired a new stake in shares of Host Hotels & Resorts during the first quarter worth about $831,000. Convergence Investment Partners LLC increased its position in shares of Host Hotels & Resorts by 55.6% during the first quarter. Convergence Investment Partners LLC now owns 74,027 shares of the company’s stock worth $1,418,000 after purchasing an additional 26,456 shares in the last quarter. Finally, Hanover Advisors Inc. purchased a new stake in shares of Host Hotels & Resorts in the 1st quarter valued at about $192,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

(Get Free Report)

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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