OMERS ADMINISTRATION Corp acquired a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the second quarter, Holdings Channel reports. The fund acquired 3,078,000 shares of the company’s stock, valued at approximately $72,979,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC raised its position in shares of Host Hotels & Resorts by 2.7% during the fourth 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 period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Host Hotels & Resorts by 1.8% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company’s stock worth $595,000 after purchasing an additional 607 shares in the last quarter. Huntington National Bank grew its position in Host Hotels & Resorts by 12.3% in the 4th quarter. Huntington National Bank now owns 5,560 shares of the company’s stock valued at $99,000 after purchasing an additional 609 shares during the period. SJS Investment Consulting Inc. grew its position in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after purchasing an additional 641 shares during the period. Finally, Wealthfront Advisers LLC grew its position in Host Hotels & Resorts by 2.2% in the 4th quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company’s stock valued at $529,000 after purchasing an additional 654 shares during the period. Institutional investors own 98.52% of the company’s stock.
Analysts Set New Price Targets
Several research analysts have weighed in on HST shares. Citigroup upped their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Morgan Stanley lifted their price objective on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. Raymond James Financial reissued an “outperform” rating and set a $27.00 target price on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Barclays upped their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 21st. Finally, Cantor Fitzgerald raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $24.33.
Host Hotels & Resorts Trading Down 0.1%
Shares of HST stock opened at $23.19 on Monday. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. The company has a 50-day simple moving average of $23.99 and a two-hundred day simple moving average of $21.88. The company has a market capitalization of $15.89 billion, a price-to-earnings ratio of 15.46, a PEG ratio of 2.57 and a beta of 1.10.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the firm earned $0.58 EPS. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Research analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.
Insider Activity
In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. This trade represents a 9.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.50% of the stock is currently owned by corporate insiders.
About Host Hotels & Resorts
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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