Host Hotels & Resorts, Inc. $HST Shares Newly Bought by Machina Capital S.A.S.

Machina Capital S.A.S. bought a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 127,144 shares of the company’s stock, valued at approximately $2,847,000.

Several other institutional investors also recently bought and sold shares of HST. Tidal Investments LLC grew its position in Host Hotels & Resorts by 186.7% during the 2nd quarter. Tidal Investments LLC now owns 93,491 shares of the company’s stock worth $2,217,000 after acquiring an additional 60,880 shares during the last quarter. 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 valued at $40,193,000 after purchasing an additional 116,440 shares during the last quarter. Hsbc Holdings PLC lifted its position in Host Hotels & Resorts by 17.7% in the second quarter. Hsbc Holdings PLC now owns 3,648,835 shares of the company’s stock valued at $86,681,000 after purchasing an additional 549,645 shares during the last quarter. SummitTX Capital L.P. bought a new stake in Host Hotels & Resorts in the first quarter valued at approximately $7,237,000. Finally, Man Group plc bought a new stake in Host Hotels & Resorts in the second quarter valued at approximately $36,999,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Top Host Hotels & Resorts Stories

Here are a few of the latest stories about HST:

• Positive Sentiment: Zacks characterized HST as a strong momentum stock, which could appeal to investors focused on recent share-price trends. The stock is also trading above its 50-day and 200-day moving averages and near its 12-month high. Read the Zacks article
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $24 to $27 but maintained a neutral rating. The average analyst target is $25.55, close to the quoted share price, suggesting limited upside implied by consensus. Read about Cantor Fitzgerald’s rating
• Negative Sentiment: Recent SEC filings show director Mary Baglivo sold nearly all her directly held shares, while EVPs Sourav Ghosh and Nathan Tyrrell also reduced their holdings. Insider selling can weigh on sentiment, though the executives retained substantial positions. Read the insider-sale report

Insiders Place Their Bets

In other news, Director Mary Baglivo sold 2,466 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $25.35, for a total transaction of $62,513.10. Following the transaction, the director directly owned 2 shares of the company’s stock, valued at approximately $50.70. The trade was a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nathan S. Tyrrell sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $25.34, for a total value of $1,267,000.00. Following the transaction, the executive vice president directly owned 563,907 shares in the company, valued at $14,289,403.38. This trade represents a 8.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 224,174 shares of company stock worth $5,472,826. 1.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Cantor Fitzgerald increased their price objective on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday. Barclays lifted their target price on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. Truist Financial lifted their target price on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, September 10th. Weiss Ratings lowered shares of Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Finally, Evercore set a $26.00 price target on shares of Host Hotels & Resorts in a research report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and a consensus target price of $25.55.

Host Hotels & Resorts Stock Performance

Host Hotels & Resorts stock opened at $25.78 on Thursday. The company has a current ratio of 5.79, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The firm has a 50-day moving average of $23.43 and a 200-day moving average of $22.19. The firm has a market cap of $17.66 billion, a P/E ratio of 18.82, a P/E/G ratio of 3.64 and a beta of 1.09. Host Hotels & Resorts, Inc. has a 1-year low of $16.77 and a 1-year high of $26.19.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. Host Hotels & Resorts had a return on equity of 14.33% and a net margin of 15.01%. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the firm earned $0.35 earnings per share. Host Hotels & Resorts’s quarterly revenue was up 1.2% on a year-over-year basis. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 2.20 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.20 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 annualized dividend and a yield of 3.1%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 58.39%.

About Host Hotels & Resorts

Host Hotels & Resorts is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts. Its properties serve business and leisure travelers and are located primarily in the United States, with additional properties in international markets. The company’s hotels are operated under a range of well-known brands, including Marriott, Hilton, Hyatt and Four Seasons. Host generally relies on brand companies and other third-party operators to manage its properties, while focusing on hotel ownership and real estate investment.