Host Hotels & Resorts (NASDAQ:HST) Hits New 12-Month High – Here’s Why

Host Hotels & Resorts, Inc. (NASDAQ:HST) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $19.58 and last traded at $19.54, with a volume of 4522841 shares trading hands. The stock had previously closed at $19.35.

Analysts Set New Price Targets

Several research firms recently issued reports on HST. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Evercore lowered Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a research report on Tuesday, November 11th. Truist Financial upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a report on Friday, January 9th. Finally, Robert W. Baird set a $20.00 price target on Host Hotels & Resorts in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, Host Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $19.32.

Host Hotels & Resorts Stock Performance

The stock has a 50 day simple moving average of $18.35 and a 200 day simple moving average of $17.35. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The company has a market cap of $13.44 billion, a price-to-earnings ratio of 18.61, a PEG ratio of 2.27 and a beta of 1.17.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. The ex-dividend date was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s payout ratio is currently 76.19%.

Insiders Place Their Bets

In other news, EVP Nathan S. Tyrrell sold 11,954 shares of Host Hotels & Resorts stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the sale, the executive vice president directly owned 668,927 shares of the company’s stock, valued at approximately $12,141,025.05. The trade was a 1.76% 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 this hyperlink. 1.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Host Hotels & Resorts

Institutional investors have recently made changes to their positions in the business. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth approximately $29,000. Clearstead Advisors LLC grew its holdings in Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after acquiring an additional 786 shares in the last quarter. MUFG Securities EMEA plc bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth about $32,000. Ameritas Advisory Services LLC bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth about $33,000. Finally, Hantz Financial Services Inc. raised its stake in shares of Host Hotels & Resorts by 234.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock valued at $33,000 after purchasing an additional 1,339 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

About Host Hotels & Resorts

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.