Host Hotels & Resorts, Inc. $HST Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lowered its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 9.3% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 546,776 shares of the company’s stock after selling 55,834 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Host Hotels & Resorts were worth $9,306,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts in the second quarter worth $29,000. MUFG Securities EMEA plc purchased a new stake in Host Hotels & Resorts during the 2nd quarter worth $32,000. Hantz Financial Services Inc. increased its holdings in 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 Host Hotels & Resorts in the 3rd quarter valued at $34,000. Finally, Mather Group LLC. purchased a new position in Host Hotels & Resorts in the third quarter valued at about $35,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Truist Financial raised Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Friday, January 9th. Weiss Ratings restated a “hold (c+)” rating on shares of Host Hotels & Resorts in a report on Monday, December 29th. Evercore downgraded shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price objective for the company. in a research report on Tuesday, November 11th. Barclays initiated coverage on shares of Host Hotels & Resorts in a research report on Tuesday, January 6th. They set an “equal weight” rating and a $19.00 target price on the stock. Finally, Robert W. Baird set a $20.00 price target on shares of Host Hotels & Resorts in a report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.32.

Check Out Our Latest Stock Report on HST

Insider Buying and Selling

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 shares were 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 directly owned 668,927 shares of the company’s stock, valued at $12,141,025.05. This trade represents a 1.76% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.40% of the stock is owned by company insiders.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $19.89 on Friday. The firm has a market cap of $13.68 billion, a price-to-earnings ratio of 18.94, a PEG ratio of 2.29 and a beta of 1.17. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76. The business’s 50 day moving average is $18.54 and its two-hundred day moving average is $17.43. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $20.33.

Host Hotels & Resorts Dividend Announcement

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

Host Hotels & Resorts 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.

Further Reading

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

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