Host Hotels & Resorts, Inc. $HST Stock Position Reduced by CI Investments Inc.

CI Investments Inc. lessened its stake in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 0.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,109,169 shares of the company’s stock after selling 20,613 shares during the quarter. CI Investments Inc. owned 0.45% of Host Hotels & Resorts worth $59,572,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT boosted its stake in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after buying an additional 781 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Host Hotels & Resorts in the second quarter worth $29,000. SJS Investment Consulting Inc. increased its stake in shares of Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after acquiring an additional 641 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in Host Hotels & Resorts during the second quarter valued at $32,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in Host Hotels & Resorts during the first quarter valued at $35,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on HST. Morgan Stanley upped their target price on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Cantor Fitzgerald boosted their price target on Host Hotels & Resorts from $21.00 to $23.00 and gave the company a “neutral” rating in a research note on Wednesday, May 13th. Argus set a $27.00 price objective on Host Hotels & Resorts in a report on Wednesday, June 17th. Truist Financial raised their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings upgraded shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $24.20.

Check Out Our Latest Stock Analysis on Host Hotels & Resorts

Host Hotels & Resorts Trading Up 1.6%

Host Hotels & Resorts stock opened at $24.44 on Wednesday. Host Hotels & Resorts, Inc. has a one year low of $15.11 and a one year high of $25.41. The company’s fifty day moving average price is $23.64 and its two-hundred day moving average price is $20.99. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91. The company has a market capitalization of $16.74 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 2.71 and a beta of 1.09.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.31. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, analysts forecast that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

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

Host Hotels & Resorts Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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