OVERSEA CHINESE BANKING Corp Ltd Acquires Shares of 75,520 Host Hotels & Resorts, Inc. $HST

OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 75,520 shares of the company’s stock, valued at approximately $1,791,000.

Other institutional investors also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Host Hotels & Resorts during the 2nd quarter valued at about $2,096,191,000. Norges Bank purchased a new stake in Host Hotels & Resorts in the 4th quarter worth approximately $628,014,000. Deutsche Bank AG purchased a new stake in Host Hotels & Resorts in the 2nd quarter worth approximately $296,560,000. SG Americas Securities LLC grew its position in shares of Host Hotels & Resorts by 251.9% in the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after buying an additional 9,846,104 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $143,770,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.3%

HST stock opened at $23.09 on Friday. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.61 and a fifty-two week high of $25.71. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 15.39, a price-to-earnings-growth ratio of 2.56 and a beta of 1.10. The business’s 50 day moving average price is $24.02 and its two-hundred day moving average price is $21.85. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter last year, the business posted $0.58 EPS. The firm’s revenue for the quarter was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Argus set a $27.00 target price on Host Hotels & Resorts in a report on Wednesday, June 17th. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a report on Thursday, June 4th. UBS Group lifted their price target on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Barclays boosted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Finally, Weiss Ratings upgraded shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $24.33.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the transaction, the executive vice president owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 1.50% 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.