Bank of Nova Scotia Buys Shares of 43,537 Host Hotels & Resorts, Inc. $HST

Bank of Nova Scotia purchased a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 43,537 shares of the company’s stock, valued at approximately $1,032,000.

Other large investors have also recently bought and sold shares of the company. Waterloo Capital L.P. lifted its stake in shares of Host Hotels & Resorts by 543.6% in the 4th quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock valued at $2,958,000 after purchasing an additional 140,932 shares during the last quarter. Arbejdsmarkedets Tillaegspension bought a new position in shares of Host Hotels & Resorts during the 4th quarter valued at approximately $23,632,000. Convergence Investment Partners LLC purchased a new stake in Host Hotels & Resorts during the 4th quarter valued at $843,000. Cbre Investment Management Listed Real Assets LLC raised its holdings in Host Hotels & Resorts by 41.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock valued at $38,465,000 after buying an additional 639,695 shares during the period. Finally, Resolution Capital Ltd lifted its position in Host Hotels & Resorts by 5.9% in the first quarter. Resolution Capital Ltd now owns 2,097,777 shares of the company’s stock worth $40,193,000 after buying an additional 116,440 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Barclays increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 21st. Stifel Nicolaus set a $26.25 target price on shares of Host Hotels & Resorts in a report on Thursday, June 4th. Cantor Fitzgerald lifted their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Finally, Wells Fargo & Company upped their price target on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $24.33.

Host Hotels & Resorts Stock Down 2.5%

NASDAQ:HST opened at $22.43 on Thursday. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 14.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. Host Hotels & Resorts, Inc. has a twelve month low of $15.61 and a twelve month high of $25.71. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The stock has a fifty day simple moving average of $23.87 and a 200-day simple moving average of $21.96.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current year.

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.