Hsbc Holdings PLC Purchases 549,645 Shares of Host Hotels & Resorts, Inc. $HST

Hsbc Holdings PLC increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 17.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,648,835 shares of the company’s stock after purchasing an additional 549,645 shares during the period. Hsbc Holdings PLC’s holdings in Host Hotels & Resorts were worth $86,681,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in HST. SJS Investment Consulting Inc. lifted its position in Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares during the period. Zions Bancorporation National Association UT boosted its holdings in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after buying an additional 781 shares in the last quarter. Cedar Mountain Advisors LLC purchased a new stake in shares of Host Hotels & Resorts in the 1st quarter worth about $35,000. CYBER HORNET ETFs LLC bought a new position in shares of Host Hotels & Resorts in the 2nd quarter worth about $29,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Host Hotels & Resorts in the 2nd quarter worth about $32,000. Institutional investors own 98.52% of the company’s stock.

Insider Activity at Host Hotels & Resorts

In related news, EVP Nathan Tyrrell sold 63,882 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is currently owned by insiders.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $22.05 on Monday. The stock has a market cap of $15.11 billion, a price-to-earnings ratio of 14.70, a PEG ratio of 2.49 and a beta of 1.07. The firm’s 50-day moving average is $23.47 and its 200 day moving average is $22.08. Host Hotels & Resorts, Inc. has a 1 year low of $15.61 and a 1 year high of $25.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on HST. Weiss Ratings raised shares of Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. Argus set a $27.00 target price on shares of Host Hotels & Resorts in a research note on Wednesday, June 17th. Morgan Stanley lifted their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a report on Tuesday, May 12th. BMO Capital Markets reissued an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research report on Friday, June 12th. Finally, UBS Group boosted their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $24.33.

Check Out Our Latest Stock Analysis on Host Hotels & Resorts

About Host Hotels & Resorts

(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

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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