Globeflex Capital L P acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 409,143 shares of the company’s stock, valued at approximately $9,701,000. Host Hotels & Resorts comprises about 1.2% of Globeflex Capital L P’s holdings, making the stock its 15th biggest holding.
A number of other hedge funds also recently modified their holdings of the business. Waterloo Capital L.P. raised its position in shares of Host Hotels & Resorts by 543.6% during the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after acquiring an additional 140,932 shares during the last quarter. Arbejdsmarkedets Tillaegspension acquired a new position in shares of Host Hotels & Resorts during the 4th quarter valued at $23,632,000. Convergence Investment Partners LLC acquired a new position in shares of Host Hotels & Resorts during the fourth quarter valued at about $843,000. Cbre Investment Management Listed Real Assets LLC boosted its holdings in Host Hotels & Resorts by 41.8% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock worth $38,465,000 after acquiring an additional 639,695 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its holdings in shares of Host Hotels & Resorts by 139.2% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company’s stock worth $2,511,000 after purchasing an additional 82,420 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.
Insider Buying and Selling
In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of the company’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total value of $1,477,590.66. Following the transaction, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. This represents a 9.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is currently owned by insiders.
Host Hotels & Resorts Trading Down 0.1%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.62 billion. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The business’s quarterly revenue was up 3.4% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.
Analyst Ratings Changes
HST has been the topic of a number of recent research reports. Cantor Fitzgerald raised their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Barclays increased 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 note on Tuesday, July 21st. Morgan Stanley raised their target price on Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a report on Thursday, June 4th. Finally, Truist Financial increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and an average price target of $24.33.
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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