Host Hotels & Resorts, Inc. $HST Stake Trimmed by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC reduced its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 31.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 405,782 shares of the company’s stock after selling 189,179 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Host Hotels & Resorts were worth $9,187,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth about $2,096,191,000. Deutsche Bank AG bought a new stake in shares of Host Hotels & Resorts during the 2nd quarter valued at about $296,560,000. Bank of America Corp DE purchased a new position in shares of Host Hotels & Resorts during the second quarter valued at about $295,807,000. Bank of New York Mellon Corp purchased a new position in shares of Host Hotels & Resorts during the second quarter valued at about $143,770,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Host Hotels & Resorts by 16,183.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,323,184 shares of the company’s stock worth $126,213,000 after buying an additional 5,290,493 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $24.87 on Friday. The company’s fifty day moving average price is $22.67 and its 200-day moving average price is $22.88. The stock has a market cap of $17.04 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 2.82 and a beta of 1.09. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) last issued 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. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The company had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period last year, the business earned $0.58 EPS. Host Hotels & Resorts’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. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is 53.33%.

Wall Street Analyst Weigh In

Several analysts have commented on HST shares. Wells Fargo & Company raised their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Cantor Fitzgerald upped their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a report on Tuesday, August 11th. Barclays upped their target price on Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 13th. Truist Financial increased their target price on Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Finally, Morgan Stanley raised their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a research note on Monday, October 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Host Hotels & Resorts has an average rating of “Moderate Buy” and an average price target of $24.70.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of the firm’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 owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. This trade represents 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 accessible through this link. Company insiders own 1.50% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.