Lasalle Investment Management Securities LLC Cuts Stock Position in Host Hotels & Resorts, Inc. $HST

Lasalle Investment Management Securities LLC cut its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 11.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,657,054 shares of the company’s stock after selling 217,091 shares during the period. Host Hotels & Resorts accounts for 1.1% of Lasalle Investment Management Securities LLC’s investment portfolio, making the stock its 27th largest holding. Lasalle Investment Management Securities LLC’s holdings in Host Hotels & Resorts were worth $28,203,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Clearstead Advisors LLC raised its holdings in Host Hotels & Resorts by 79.6% in the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after acquiring an additional 786 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at approximately $29,000. Hantz Financial Services Inc. raised its holdings 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. Compagnie Lombard Odier SCmA acquired a new stake in shares of Host Hotels & Resorts in the 3rd quarter valued at $34,000. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Host Hotels & Resorts during the 2nd quarter worth $32,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Trading Down 3.5%

NASDAQ:HST opened at $19.59 on Friday. The company has a market capitalization of $13.47 billion, a PE ratio of 17.81, a P/E/G ratio of 2.27 and a beta of 1.17. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $21.00. The stock’s 50 day moving average price is $18.91 and its 200 day moving average price is $17.74. The company has a quick ratio of 2.90, a current ratio of 2.59 and a debt-to-equity ratio of 0.77.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.27). The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.49 billion. Host Hotels & Resorts had a net margin of 12.51% and a return on equity of 11.54%. Host Hotels & Resorts’s revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.44 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. On average, research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.1%. Host Hotels & Resorts’s dividend payout ratio is currently 72.73%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. JPMorgan Chase & Co. increased their target price on Host Hotels & Resorts from $20.00 to $21.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Weiss Ratings raised Host Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday. Citigroup increased their price objective on Host Hotels & Resorts from $19.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday. 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. Finally, Truist Financial raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.85.

Insiders Place Their Bets

In other news, EVP Nathan S. Tyrrell sold 9,086 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $18.47, for a total value of $167,818.42. Following the completion of the sale, the executive vice president directly owned 659,841 shares of the company’s stock, valued at approximately $12,187,263.27. This represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

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.