FNY Investment Advisers LLC Buys New Position in Host Hotels & Resorts, Inc. $HST

FNY Investment Advisers LLC bought a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 2,674 shares of the company’s stock, valued at approximately $41,000.

Several other institutional investors have also recently added to or reduced their stakes in HST. Nuveen LLC acquired a new position in Host Hotels & Resorts in the 1st quarter valued at about $69,989,000. Millennium Management LLC grew its holdings in Host Hotels & Resorts by 1,607.3% in the 1st quarter. Millennium Management LLC now owns 3,083,054 shares of the company’s stock valued at $43,810,000 after buying an additional 2,902,471 shares during the period. Brandywine Global Investment Management LLC purchased a new stake in Host Hotels & Resorts in the 1st quarter valued at about $38,611,000. Invesco Ltd. grew its holdings in Host Hotels & Resorts by 11.1% in the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock valued at $356,088,000 after buying an additional 2,503,550 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in Host Hotels & Resorts by 172.0% in the 1st quarter. BNP Paribas Financial Markets now owns 2,600,965 shares of the company’s stock valued at $36,960,000 after buying an additional 1,644,843 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

HST has been the subject of several recent analyst reports. Morgan Stanley restated an “outperform” rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Evercore ISI lifted their price target on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “outperform” rating in a report on Monday, July 28th. Stifel Nicolaus lifted their price target on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a report on Thursday, July 31st. Wells Fargo & Company upgraded Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $17.88.

Host Hotels & Resorts Stock Down 0.8%

Shares of NASDAQ:HST opened at $16.49 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.36. The stock has a market capitalization of $11.34 billion, a P/E ratio of 17.54 and a beta of 1.36. The stock has a 50-day simple moving average of $16.95 and a 200-day simple moving average of $15.87.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.51 billion. During the same quarter in the previous year, the business earned $0.57 EPS. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. Equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is currently 85.11%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.