Great Lakes Advisors LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 202,995 shares of the company’s stock, valued at approximately $4,813,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Zions Bancorporation National Association UT raised its position in 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 worth $29,000 after purchasing an additional 781 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $29,000. SJS Investment Consulting Inc. raised its position in shares of Host Hotels & Resorts by 64.7% during 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 position in shares of Host Hotels & Resorts in the second quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC bought a new stake in Host Hotels & Resorts in the first quarter valued at approximately $35,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.
Host Hotels & Resorts Trading Up 1.0%
Shares of HST stock opened at $23.15 on Thursday. The company has a market cap of $15.86 billion, a P/E ratio of 15.43, a PEG ratio of 2.54 and a beta of 1.10. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.61 and a fifty-two week high of $25.71. The stock has a 50 day simple moving average of $24.04 and a two-hundred day simple moving average of $21.82. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the stock. Cantor Fitzgerald raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Wells Fargo & Company upped their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Truist Financial increased their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Raymond James Financial reissued an “outperform” rating and set a $27.00 target price on shares of Host Hotels & Resorts in a research note on Monday, June 8th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a report on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $24.33.
View Our Latest Stock Analysis on Host Hotels & Resorts
Insider Buying and Selling
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total value of $358,087.00. Following the completion of the sale, the executive vice president directly owned 682,089 shares in the company, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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.
Featured Articles
- Five stocks we like better than Host Hotels & Resorts
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report).
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
