Host Hotels & Resorts (NASDAQ:HST) Stock: Insider Mary Baglivo Sells 2,466 Shares

Host Hotels & Resorts, Inc. (NASDAQ:HST) Director Mary Baglivo sold 2,466 shares of the firm’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $25.35, for a total value of $62,513.10. Following the completion of the sale, the director directly owned 2 shares in the company, valued at $50.70. This trade represents a 99.92% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mary Baglivo also recently made the following trade(s):

• On Friday, November 6th, Mary Baglivo sold 13,963 shares of Host Hotels & Resorts stock. The shares were sold at an average price of $24.47, for a total value of $341,674.61.

Host Hotels & Resorts Stock Down 0.6%

Shares of NASDAQ HST opened at $25.78 on Thursday. The company has a current ratio of 5.79, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The company has a market cap 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, Inc. has a 12 month low of $16.77 and a 12 month high of $26.19. The stock has a 50-day moving average price of $23.43 and a two-hundred day moving average price of $22.19.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, November 4th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. Host Hotels & Resorts had a net margin of 15.01% and a return on equity of 14.33%. The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the prior year, the business earned $0.35 earnings per share. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 2.20 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have weighed in on HST shares. Weiss Ratings cut shares of Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday. Evercore set a $26.00 price target on shares of Host Hotels & Resorts in a report on Monday, October 26th. Cantor Fitzgerald increased their price target on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Tuesday. Truist Financial increased their price target on 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, Morgan Stanley boosted their price objective on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and a consensus target price of $25.55.

Institutional Investors Weigh In On Host Hotels & Resorts

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC increased its position in Host Hotels & Resorts by 186.7% during the 2nd quarter. Tidal Investments LLC now owns 93,491 shares of the company’s stock valued at $2,217,000 after purchasing an additional 60,880 shares during the period. Hsbc Holdings PLC raised its holdings in Host Hotels & Resorts by 17.7% during the 2nd quarter. Hsbc Holdings PLC now owns 3,648,835 shares of the company’s stock worth $86,681,000 after purchasing an additional 549,645 shares during the last quarter. Resolution Capital Ltd lifted its position in shares of Host Hotels & Resorts by 5.9% in the 1st quarter. Resolution Capital Ltd now owns 2,097,777 shares of the company’s stock worth $40,193,000 after purchasing an additional 116,440 shares during the period. SummitTX Capital L.P. acquired a new position in shares of Host Hotels & Resorts in the 1st quarter worth approximately $7,237,000. Finally, Man Group plc acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $36,999,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Key Host Hotels & Resorts News

Investors following HST have been watching these news items:

• 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.