Host Hotels & Resorts, Inc. $HST Stock Holdings Trimmed by QRG Capital Management Inc.

QRG Capital Management Inc. lowered its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 61.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 208,121 shares of the company’s stock after selling 331,244 shares during the quarter. QRG Capital Management Inc.’s holdings in Host Hotels & Resorts were worth $3,542,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $554,669,000. Arrowstreet Capital Limited Partnership boosted its holdings in Host Hotels & Resorts by 199.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock worth $81,320,000 after purchasing an additional 3,523,534 shares during the period. AQR Capital Management LLC boosted its holdings in Host Hotels & Resorts by 86.6% in the second quarter. AQR Capital Management LLC now owns 2,607,714 shares of the company’s stock worth $40,054,000 after purchasing an additional 1,209,989 shares during the period. Sei Investments Co. increased its stake in Host Hotels & Resorts by 37.5% during the second quarter. Sei Investments Co. now owns 4,174,451 shares of the company’s stock valued at $64,120,000 after purchasing an additional 1,137,654 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Host Hotels & Resorts by 24.3% during the first quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock worth $74,027,000 after purchasing an additional 1,019,345 shares during the period. Institutional investors own 98.52% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a research report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 price objective for the company. Barclays began coverage on Host Hotels & Resorts in a research note on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 target price for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. JPMorgan Chase & Co. raised their price target on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $19.18.

View Our Latest Analysis on HST

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $18.47, for a total transaction of $167,818.42. Following the sale, the executive vice president directly owned 659,841 shares in the company, valued at $12,187,263.27. The trade was a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $18.59 on Monday. The firm’s 50 day moving average is $17.95 and its two-hundred day moving average is $17.06. The firm has a market capitalization of $12.78 billion, a P/E ratio of 17.70, a PEG ratio of 2.19 and a beta of 1.18. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $18.72.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company posted $0.36 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.15 per share. This represents a dividend yield of 85.0%. The ex-dividend date of this dividend was Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is 76.19%.

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.

Further Reading

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

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