iA Global Asset Management Inc. Cuts Stock Holdings in Host Hotels & Resorts, Inc. $HST

iA Global Asset Management Inc. reduced its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 39.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,029 shares of the company’s stock after selling 32,118 shares during the quarter. iA Global Asset Management Inc.’s holdings in Host Hotels & Resorts were worth $851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new position in Host Hotels & Resorts during the 2nd quarter worth approximately $29,000. TD Private Client Wealth LLC lifted its position in Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 691 shares during the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Host Hotels & Resorts during the second quarter valued at approximately $32,000. Ameritas Advisory Services LLC bought a new position in shares of Host Hotels & Resorts in the second quarter worth approximately $33,000. Finally, Mather Group LLC. bought a new position in shares of Host Hotels & Resorts in the third quarter worth approximately $35,000. Institutional investors own 98.52% of the company’s stock.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the transaction, the executive vice president owned 668,927 shares of the company’s stock, valued at approximately $12,141,025.05. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Morgan Stanley set a $18.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, January 16th. Cantor Fitzgerald assumed coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. Robert W. Baird set a $20.00 price target on Host Hotels & Resorts in a report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed 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 given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $19.32.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $18.70 on Friday. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.30. The stock has a market capitalization of $12.86 billion, a P/E ratio of 17.81, a P/E/G ratio of 2.21 and a beta of 1.18. The company’s 50-day moving average is $18.03 and its 200 day moving average is $17.14. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. The business had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period last year, the business posted $0.36 earnings per share. Host Hotels & Resorts’s quarterly revenue 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. On average, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

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

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.