Host Hotels & Resorts, Inc. $HST Holdings Raised by Convergence Investment Partners LLC

Convergence Investment Partners LLC raised its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 55.6% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,027 shares of the company’s stock after buying an additional 26,456 shares during the period. Convergence Investment Partners LLC’s holdings in Host Hotels & Resorts were worth $1,418,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of Host Hotels & Resorts by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock worth $1,917,115,000 after acquiring an additional 383,490 shares during the last quarter. Norges Bank purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter worth $628,014,000. Invesco Ltd. boosted its position in Host Hotels & Resorts by 9.7% during the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock valued at $425,866,000 after purchasing an additional 2,217,322 shares during the last quarter. Geode Capital Management LLC boosted its position in Host Hotels & Resorts by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock valued at $402,056,000 after purchasing an additional 493,177 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in Host Hotels & Resorts by 251.9% during the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after purchasing an additional 9,846,104 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on HST. Cantor Fitzgerald upped their target price on Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. JPMorgan Chase & Co. lifted their price target on Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday. Argus set a $27.00 price target on Host Hotels & Resorts in a research note on Wednesday, June 17th. UBS Group boosted their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Finally, LADENBURG THALM/SH SH increased their price objective on Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.20.

Host Hotels & Resorts Stock Up 1.6%

HST stock opened at $24.44 on Wednesday. The company has a current ratio of 7.91, a quick ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 1 year low of $15.11 and a 1 year high of $25.41. The company has a fifty day simple moving average of $23.64 and a 200 day simple moving average of $20.99. The firm has a market cap of $16.74 billion, a PE ratio of 16.63, a PEG ratio of 2.71 and a beta of 1.09.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.31. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. Host Hotels & Resorts’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. Host Hotels & Resorts’s payout ratio is currently 54.42%.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president owned 682,089 shares in the company, valued at approximately $15,688,047. This represents a 2.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Company Profile

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.