Host Hotels & Resorts, Inc. $HST Stock Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 32.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 341,475 shares of the company’s stock after buying an additional 84,446 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Host Hotels & Resorts were worth $7,646,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in Host Hotels & Resorts during the 2nd quarter valued at approximately $2,096,191,000. Deutsche Bank AG bought a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $296,560,000. Bank of America Corp DE bought a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $295,807,000. Dimensional Fund Advisors LP raised its holdings in shares of Host Hotels & Resorts by 1.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock worth $201,042,000 after acquiring an additional 118,043 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $143,770,000. 98.52% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

HST has been the subject of a number of research reports. Morgan Stanley increased their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a research report on Monday, October 12th. Weiss Ratings upgraded shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. Barclays boosted their price target on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 13th. Truist Financial upped their price target on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday, September 10th. Finally, Wells Fargo & Company upped their price target 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. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $24.70.

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. The trade was a 9.37% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ:HST opened at $24.72 on Friday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71. The company has a market capitalization of $16.94 billion, a price-to-earnings ratio of 16.48, a PEG ratio of 2.77 and a beta of 1.09. The firm’s 50-day moving average is $22.71 and its 200 day moving average is $22.89.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Research analysts predict that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 53.33%.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.