Sanctuary Advisors LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 58,483 shares of the company’s stock, valued at approximately $1,387,000.
Other large investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. increased its position 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 in the last quarter. Zions Bancorporation National Association UT lifted its holdings in Host Hotels & Resorts by 89.1% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after purchasing an additional 781 shares in the last quarter. Cedar Mountain Advisors LLC purchased a new position in Host Hotels & Resorts in the 1st quarter valued at $35,000. CYBER HORNET ETFs LLC acquired a new stake in Host Hotels & Resorts during the 2nd quarter worth $29,000. Finally, MUFG Securities EMEA plc acquired a new stake in Host Hotels & Resorts during the 2nd quarter worth $32,000. 98.52% of the stock is currently owned by hedge funds and other institutional investors.
Host Hotels & Resorts Trading Down 2.5%
Shares of HST stock opened at $22.43 on Thursday. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a twelve month low of $15.61 and a twelve month high of $25.71. The company’s 50-day moving average price is $23.87 and its 200-day moving average price is $21.96. The stock has a market cap of $15.37 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 2.55 and a beta of 1.10.
Analysts Set New Price Targets
HST has been the topic of several research reports. Cantor Fitzgerald raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Truist Financial increased their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. JPMorgan Chase & Co. raised their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Argus set a $27.00 target price on Host Hotels & Resorts in a report on Wednesday, June 17th. Finally, Morgan Stanley upped their price target on Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. One 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.
Insider Activity
In other news, EVP Nathan S. Tyrrell sold 63,882 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president owned 618,207 shares in the company, valued at $14,299,127.91. This trade represents a 9.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is owned by corporate insiders.
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.
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