Globeflex Capital L P Makes New Investment in Host Hotels & Resorts, Inc. $HST

Globeflex Capital L P purchased a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 409,143 shares of the company’s stock, valued at approximately $9,701,000. Host Hotels & Resorts comprises about 1.2% of Globeflex Capital L P’s holdings, making the stock its 15th largest holding. Globeflex Capital L P owned 0.06% of Host Hotels & Resorts at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in HST. Waterloo Capital L.P. grew its holdings in Host Hotels & Resorts by 543.6% during the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock valued at $2,958,000 after purchasing an additional 140,932 shares during the period. Arbejdsmarkedets Tillaegspension acquired a new stake in Host Hotels & Resorts during the 4th quarter worth $23,632,000. Convergence Investment Partners LLC bought a new position in shares of Host Hotels & Resorts during the 4th quarter valued at about $843,000. Cbre Investment Management Listed Real Assets LLC lifted its stake in Host Hotels & Resorts by 41.8% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock valued at $38,465,000 after buying an additional 639,695 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. increased its holdings in Host Hotels & Resorts by 139.2% during the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company’s stock worth $2,511,000 after purchasing an additional 82,420 shares in the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HST. Truist Financial lifted 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. Citigroup increased their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. LADENBURG THALM/SH SH upped their target price on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 10th. Finally, Argus set a $27.00 target price on shares of Host Hotels & Resorts in a research note on Wednesday, June 17th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $24.33.

Get Our Latest Report on HST

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of the business’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 transaction, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. The trade was a 9.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by corporate insiders.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ:HST opened at $23.19 on Monday. The firm has a market cap of $15.89 billion, a PE ratio of 15.46, a PEG ratio of 2.57 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 12-month low of $15.61 and a 12-month 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. The company’s 50 day moving average price is $23.99 and its two-hundred day moving average price is $21.88.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The firm had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. During the same period in the previous year, the firm earned $0.58 EPS. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities research analysts predict that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current year.

Host Hotels & Resorts Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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