Host Hotels & Resorts (NASDAQ:HST) Stock: Insider Nathan Tyrrell Sells 50,000 Shares

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 50,000 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $25.34, for a total value of $1,267,000.00. Following the transaction, the executive vice president owned 563,907 shares in the company, valued at approximately $14,289,403.38. This represents a 8.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $25.78 on Thursday. Host Hotels & Resorts, Inc. has a 1-year low of $16.77 and a 1-year high of $26.19. The business has a 50-day moving average of $23.43 and a 200-day moving average of $22.19. The company has a debt-to-equity ratio of 0.80, a current ratio of 5.79 and a quick ratio of 2.96. The company has a market capitalization of $17.66 billion, a price-to-earnings ratio of 18.82, a PEG ratio of 3.64 and a beta of 1.09.

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, beating analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.36 billion. Host Hotels & Resorts had a return on equity of 14.33% and a net margin of 15.01%. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.35 earnings per share. On average, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.20 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have issued reports on HST. Cantor Fitzgerald lifted their price objective on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday. Weiss Ratings downgraded shares of Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. JPMorgan Chase & Co. upped their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday, July 21st. Evercore set a $26.00 price target on shares of Host Hotels & Resorts in a report on Monday, October 26th. Finally, Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, October 26th. One 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $25.55.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. acquired a new stake in shares of Host Hotels & Resorts in the 3rd quarter valued at about $45,000. Edmond DE Rothschild Holding S.A. bought a new position in shares of Host Hotels & Resorts during the third quarter worth about $67,000. Private Wealth Asset Management LLC acquired a new position in Host Hotels & Resorts in the third quarter worth about $664,000. Private Advisor Group LLC acquired a new position in Host Hotels & Resorts in the third quarter worth about $508,000. Finally, Focus Advisor Solutions LLC grew its stake in Host Hotels & Resorts by 159.4% in the third quarter. Focus Advisor Solutions LLC now owns 94,273 shares of the company’s stock worth $2,111,000 after purchasing an additional 57,924 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Recent Host Hotels & Resorts Headlines

Investors following HST have been watching these headlines:

• 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

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.