Pallas Capital Advisors LLC Invests $579,000 in Host Hotels & Resorts, Inc. $HST

Pallas Capital Advisors LLC bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 24,430 shares of the company’s stock, valued at approximately $579,000.

Other institutional investors have also added to or reduced their stakes in the company. Zions Bancorporation National Association UT increased its position 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 acquiring an additional 781 shares during the period. CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth about $29,000. SJS Investment Consulting Inc. boosted 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. MUFG Securities EMEA plc bought a new stake in shares of Host Hotels & Resorts in the second quarter worth about $32,000. Finally, Cedar Mountain Advisors LLC bought a new stake in shares of Host Hotels & Resorts in the first quarter worth about $35,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Up 1.0%

NASDAQ:HST opened at $23.15 on Thursday. The firm’s 50-day moving average price is $24.04 and its 200-day moving average price is $21.82. The company has a market capitalization of $15.86 billion, a PE ratio of 15.43, a P/E/G ratio of 2.54 and a beta of 1.10. 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, Inc. has a 1-year low of $15.61 and a 1-year high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same period last year, the company posted $0.58 EPS. Host Hotels & Resorts’s 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 predict that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Insider Buying and Selling at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total value of $358,087.00. Following the sale, the executive vice president directly owned 682,089 shares of the company’s stock, valued at $15,688,047. The trade was a 2.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on HST. Cantor Fitzgerald increased their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Raymond James Financial reissued an “outperform” rating and set a $27.00 target price on shares of Host Hotels & Resorts in a research note on Monday, June 8th. Truist Financial raised their price target on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a report on Thursday, June 4th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $24.33.

Host Hotels & Resorts 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.