Cbre Investment Management Listed Real Assets LLC Purchases 1,411,665 Shares of Host Hotels & Resorts, Inc. $HST

Cbre Investment Management Listed Real Assets LLC raised its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 1,195.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,529,776 shares of the company’s stock after acquiring an additional 1,411,665 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in Host Hotels & Resorts were worth $26,037,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth $554,669,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Host Hotels & Resorts by 199.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock worth $81,320,000 after acquiring an additional 3,523,534 shares during the period. Russell Investments Group Ltd. grew its position in shares of Host Hotels & Resorts by 68.6% in the third quarter. Russell Investments Group Ltd. now owns 7,370,907 shares of the company’s stock valued at $125,454,000 after purchasing an additional 2,999,082 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Host Hotels & Resorts by 86.6% during the 2nd quarter. AQR Capital Management LLC now owns 2,607,714 shares of the company’s stock valued at $40,054,000 after purchasing an additional 1,209,989 shares during the period. Finally, LSV Asset Management raised its stake in shares of Host Hotels & Resorts by 13.7% during the 3rd quarter. LSV Asset Management now owns 9,838,575 shares of the company’s stock valued at $167,453,000 after purchasing an additional 1,182,675 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.4%

HST stock opened at $19.18 on Thursday. The company’s 50 day moving average is $19.10 and its 200 day moving average is $17.94. The stock has a market cap of $13.19 billion, a price-to-earnings ratio of 17.44, a price-to-earnings-growth ratio of 2.23 and a beta of 1.13. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $21.00.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.27). The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.49 billion. Host Hotels & Resorts had a return on equity of 11.54% and a net margin of 12.51%.Host Hotels & Resorts’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.44 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. Sell-side analysts predict that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be given a $0.20 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.80 annualized dividend and a yield of 4.2%. Host Hotels & Resorts’s payout ratio is 72.73%.

Wall Street Analyst Weigh In

Several brokerages have commented on HST. Barclays assumed coverage on Host Hotels & Resorts in a research note on Tuesday, January 6th. They issued an “equal weight” rating and a $19.00 target price for the company. Truist Financial raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a report on Friday, January 9th. Stifel Nicolaus set a $22.00 price objective on shares of Host Hotels & Resorts in a research report on Thursday, February 19th. UBS Group set a $21.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their target price on shares of Host Hotels & Resorts from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. One 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 company presently has an average rating of “Moderate Buy” and an average target price of $20.00.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 9,086 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $18.47, for a total transaction of $167,818.42. Following the sale, the executive vice president owned 659,841 shares in the company, valued at $12,187,263.27. This trade represents a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.40% of the stock is currently 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.