LSV Asset Management Has $167.45 Million Holdings in Host Hotels & Resorts, Inc. $HST

LSV Asset Management raised its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 13.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,838,575 shares of the company’s stock after acquiring an additional 1,182,675 shares during the period. LSV Asset Management owned about 1.43% of Host Hotels & Resorts worth $167,453,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth approximately $554,669,000. Geode Capital Management LLC increased its holdings in Host Hotels & Resorts by 2.6% during the 2nd quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock valued at $398,425,000 after purchasing an additional 636,983 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Host Hotels & Resorts by 3.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock valued at $164,879,000 after purchasing an additional 341,915 shares in the last quarter. Bank of New York Mellon Corp raised its position in Host Hotels & Resorts by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock valued at $87,075,000 after purchasing an additional 154,893 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Host Hotels & Resorts by 199.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock worth $81,320,000 after purchasing an additional 3,523,534 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $19.96 on Thursday. The firm has a fifty day moving average of $18.44 and a two-hundred day moving average of $17.39. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The stock has a market capitalization of $13.73 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 2.34 and a beta of 1.17. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $20.14.

Host Hotels & Resorts Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HST. Morgan Stanley set a $18.00 price target on Host Hotels & Resorts in a report on Friday, January 16th. Truist Financial raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Friday, January 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Barclays began coverage on shares of Host Hotels & Resorts in a research report on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a report on Tuesday, January 13th. 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.32.

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.