Evolve Private Wealth LLC Buys Shares of 33,015 Host Hotels & Resorts, Inc. $HST

Evolve Private Wealth LLC purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 33,015 shares of the company’s stock, valued at approximately $812,000.

A number of other hedge funds have also modified their holdings of HST. Empowered Funds LLC increased its position in shares of Host Hotels & Resorts by 2.7% during the 4th quarter. Empowered Funds LLC now owns 20,218 shares of the company’s stock worth $358,000 after purchasing an additional 537 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Host Hotels & Resorts by 1.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company’s stock valued at $595,000 after buying an additional 607 shares during the last quarter. Huntington National Bank lifted its position in Host Hotels & Resorts by 12.3% in the fourth quarter. Huntington National Bank now owns 5,560 shares of the company’s stock valued at $99,000 after buying an additional 609 shares during the last quarter. SJS Investment Consulting Inc. lifted its position in Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its stake in Host Hotels & Resorts by 2.2% during the fourth quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company’s stock worth $529,000 after buying an additional 654 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HST shares. Morgan Stanley lifted their price target on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Raymond James Financial restated an “outperform” rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a report on Monday, June 8th. Cantor Fitzgerald increased their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Argus set a $27.00 target price on shares of Host Hotels & Resorts in a report on Wednesday, June 17th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research report on Friday, June 12th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.

Check Out Our Latest Research Report on Host Hotels & Resorts

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $23.19 on Monday. The business has a 50-day moving average of $23.99 and a 200 day moving average of $21.88. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71. The stock has a market capitalization of $15.89 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of 2.57 and a beta of 1.10. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.Host Hotels & Resorts’s revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current year.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of the stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the sale, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. This represents a 9.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is currently owned by company insiders.

Host Hotels & Resorts Profile

(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.

See Also

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report).

Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.