iA Global Asset Management Inc. Cuts Position in Host Hotels & Resorts, Inc. $HST

iA Global Asset Management Inc. decreased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 39.1% in the third quarter, Holdings Channel.com reports. The firm owned 50,029 shares of the company’s stock after selling 32,118 shares during the period. iA Global Asset Management Inc.’s holdings in Host Hotels & Resorts were worth $851,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $29,000. TD Private Client Wealth LLC boosted its holdings in Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after acquiring an additional 691 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in Host Hotels & Resorts in the second quarter worth $32,000. Ameritas Advisory Services LLC purchased a new stake in shares of Host Hotels & Resorts in the second quarter worth $33,000. Finally, Mather Group LLC. bought a new position in shares of Host Hotels & Resorts during the third quarter valued at $35,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Down 0.6%

Shares of Host Hotels & Resorts stock opened at $18.70 on Friday. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.30. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company’s 50 day moving average is $18.03 and its 200 day moving average is $17.14. The company has a market cap of $12.86 billion, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 2.21 and a beta of 1.18.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently announced an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s dividend payout ratio is currently 76.19%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HST. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. Morgan Stanley set a $18.00 price target on shares of Host Hotels & Resorts in a report on Friday, January 16th. Robert W. Baird set a $20.00 price target on shares of Host Hotels & Resorts in a research report on Monday, January 12th. Barclays began coverage on Host Hotels & Resorts in a research report on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Finally, UBS Group set a $21.00 target price on Host Hotels & Resorts in a report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.32.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the sale, the executive vice president directly owned 668,927 shares in the company, valued at $12,141,025.05. The trade was a 1.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.40% of the company’s stock.

Host Hotels & Resorts 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.