Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $24.78 and last traded at $24.6850, with a volume of 2465304 shares. The stock had previously closed at $24.45.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on HST. Citigroup boosted their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. UBS Group raised their price target on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a report on Tuesday. LADENBURG THALM/SH SH initiated coverage on shares of Host Hotels & Resorts in a report on Thursday, March 26th. They issued a “buy” rating and a $23.00 price target on the stock. Barclays raised their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, Truist Financial lifted their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $22.87.
Read Our Latest Analysis on Host Hotels & Resorts
Host Hotels & Resorts Trading Up 1.0%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The firm had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the business posted $0.64 earnings per share. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. As a group, equities analysts predict that Host Hotels & Resorts, Inc. will post 2.12 earnings per share for the current fiscal year.
Host Hotels & Resorts Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 54.42%.
Insider Transactions at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 58,579 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the transaction, the executive vice president directly owned 697,658 shares of the company’s stock, valued at $15,348,476. This represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC grew its stake in Host Hotels & Resorts by 80.5% during the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock valued at $338,000 after acquiring an additional 10,618 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Host Hotels & Resorts by 24.3% in the 1st 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 last quarter. Empowered Funds LLC raised its position in shares of Host Hotels & Resorts by 6.1% during the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after acquiring 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 worth about $190,000. Finally, EverSource Wealth Advisors LLC raised its position in Host Hotels & Resorts by 413.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,718 shares of the company’s stock valued at $72,000 after purchasing an additional 3,799 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.
Host Hotels & Resorts Company 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.
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