Engineers Gate Manager LP Lowers Stock Holdings in Host Hotels & Resorts, Inc. $HST

Engineers Gate Manager LP cut its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 75.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 199,672 shares of the company’s stock after selling 606,594 shares during the period. Engineers Gate Manager LP’s holdings in Host Hotels & Resorts were worth $4,734,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. NewEdge Advisors LLC lifted its position in Host Hotels & Resorts by 80.5% during the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company’s stock worth $338,000 after buying an additional 10,618 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Host Hotels & Resorts by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company’s stock valued at $74,027,000 after acquiring an additional 1,019,345 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Host Hotels & Resorts by 6.1% during the 1st quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock valued at $268,000 after acquiring an additional 1,088 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $190,000. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Host Hotels & Resorts by 413.4% in the second quarter. EverSource Wealth Advisors LLC now owns 4,718 shares of the company’s stock worth $72,000 after acquiring an additional 3,799 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan Tyrrell sold 63,882 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on HST. UBS Group boosted their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. BMO Capital Markets reissued an “outperform” rating and set a $27.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, June 12th. Truist Financial upped their price objective on Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday. Cantor Fitzgerald increased their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. Finally, Raymond James Financial restated an “outperform” rating and set a $27.00 price target on shares of Host Hotels & Resorts in a research note on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $24.52.

Host Hotels & Resorts Stock Up 0.5%

Shares of NASDAQ:HST opened at $22.24 on Friday. The company has a market capitalization of $15.24 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 2.51 and a beta of 1.07. The company has a 50 day moving average of $23.30 and a two-hundred day moving average of $22.13. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. The firm had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, analysts forecast that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates lodging real estate. The company focuses on hotels in the luxury and upper-upscale segments, with properties generally located in high-demand urban, resort and convention markets.

Host Hotels & Resorts’ portfolio includes hotels operated under well-known hospitality brands, including Marriott, Hyatt and Hilton, among others. The company typically owns the real estate while hotel operations are conducted by third-party or affiliated management companies.