NewEdge Advisors LLC Has $3.21 Million Holdings in Host Hotels & Resorts, Inc. $HST

NewEdge Advisors LLC increased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 75.3% during the first quarter, Holdings Channel.com reports. The fund owned 167,691 shares of the company’s stock after purchasing an additional 72,043 shares during the quarter. NewEdge Advisors LLC’s holdings in Host Hotels & Resorts were worth $3,213,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. SJS Investment Consulting Inc. increased its holdings in shares of Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after purchasing an additional 641 shares during the period. Zions Bancorporation National Association UT boosted its stake in shares of Host Hotels & Resorts by 89.1% in the fourth 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 during the period. Cedar Mountain Advisors LLC acquired a new stake in Host Hotels & Resorts during the first quarter worth approximately $35,000. CYBER HORNET ETFs LLC acquired a new stake in Host Hotels & Resorts during the second quarter worth approximately $29,000. Finally, MUFG Securities EMEA plc bought a new position in Host Hotels & Resorts during the 2nd quarter worth $32,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on HST shares. Truist Financial lifted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. Argus set a $27.00 target price on Host Hotels & Resorts in a report on Wednesday, June 17th. JPMorgan Chase & Co. upped their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 21st. LADENBURG THALM/SH SH increased their price objective on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Wednesday, June 10th. Finally, Citigroup boosted their target price on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.33.

Host Hotels & Resorts Price Performance

Shares of HST opened at $22.80 on Thursday. The business has a 50-day simple moving average of $24.19 and a two-hundred day simple moving average of $21.67. The stock has a market cap of $15.62 billion, a PE ratio of 15.20, a PEG ratio of 2.47 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 12-month low of $15.61 and a 12-month high of $25.71. The company has a quick ratio of 7.91, a current ratio of 2.96 and a debt-to-equity ratio of 0.80.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.50% of the company’s stock.

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.