Host Hotels & Resorts (NASDAQ:HST) Sets New 1-Year High – Still a Buy?

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $22.39 and last traded at $21.78, with a volume of 8778085 shares. The stock had previously closed at $22.27.

Analyst Ratings Changes

HST has been the subject of a number of research analyst reports. Argus raised Host Hotels & Resorts to a “strong-buy” rating in a research report on Wednesday, March 18th. Robert W. Baird set a $20.00 price objective on Host Hotels & Resorts in a research note on Monday, January 12th. Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $20.00 to $23.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. Barclays raised their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 7th. Finally, Cantor Fitzgerald lifted their target price on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “neutral” rating in a report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $21.46.

Check Out Our Latest Research Report on HST

Host Hotels & Resorts Stock Performance

The stock has a market cap of $14.97 billion, a PE ratio of 14.82, a price-to-earnings-growth ratio of 2.51 and a beta of 1.10. The stock has a fifty day moving average of $19.96 and a 200-day moving average of $18.81. The company has a quick ratio of 2.59, a current ratio of 7.91 and a debt-to-equity ratio of 0.74.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.31. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period last year, the firm earned $0.64 EPS. The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, equities analysts forecast that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.7%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 54.42%.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 58,579 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.00, for a total value of $1,288,738.00. Following the transaction, the executive vice president directly owned 697,658 shares of the company’s stock, valued at approximately $15,348,476. The trade was a 7.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.50% of the stock is currently owned by company insiders.

Institutional Trading of Host Hotels & Resorts

Several hedge funds and other institutional investors have recently made changes to their positions in HST. NewEdge Advisors LLC increased its stake in shares of Host Hotels & Resorts by 80.5% during the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock worth $338,000 after acquiring an additional 10,618 shares during the period. Goldman Sachs Group Inc. lifted its position in Host Hotels & Resorts by 24.3% in the first quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after purchasing an additional 1,019,345 shares during the period. Empowered Funds LLC boosted its holdings in Host Hotels & Resorts by 6.1% in the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after purchasing an additional 1,088 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Host Hotels & Resorts in the 2nd quarter valued at approximately $190,000. Finally, EverSource Wealth Advisors LLC increased its position in Host Hotels & Resorts by 413.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,718 shares of the company’s stock worth $72,000 after purchasing an additional 3,799 shares during the period. Hedge funds and other institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

(Get Free Report)

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.

See Also

Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.