Host Hotels & Resorts (NASDAQ:HST) Director Mary Baglivo Sells 13,963 Shares of Company Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) Director Mary Baglivo sold 13,963 shares of the stock in a transaction on Friday, November 6th. The stock was sold at an average price of $24.47, for a total transaction of $341,674.61. Following the transaction, the director directly owned 2,468 shares in the company, valued at approximately $60,391.96. This represents a 84.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Mary Baglivo also recently made the following trade(s):

• On Monday, November 9th, Mary Baglivo sold 2,466 shares of Host Hotels & Resorts stock. The stock was sold at an average price of $25.35, for a total transaction of $62,513.10.

Host Hotels & Resorts Trading Up 2.6%

HST opened at $25.93 on Wednesday. Host Hotels & Resorts, Inc. has a 1-year low of $16.77 and a 1-year high of $26.19. The company has a current ratio of 5.79, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The company has a market cap of $17.77 billion, a P/E ratio of 18.93, a price-to-earnings-growth ratio of 3.43 and a beta of 1.09. The company has a fifty day moving average price of $23.35 and a two-hundred day moving average price of $22.15.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The company had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Host Hotels & Resorts had a net margin of 15.01% and a return on equity of 14.33%. The business’s revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. Analysts predict that Host Hotels & Resorts, Inc. will post 2.23 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a $0.20 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 annualized dividend and a yield of 3.1%. Host Hotels & Resorts’s dividend payout ratio is presently 58.39%.

Host Hotels & Resorts News Roundup

Here are the key news stories impacting Host Hotels & Resorts this week:

• Positive Sentiment: Zacks describes HST as a strong momentum stock, which may attract investors focused on recent price trends. Read the Zacks article
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $24 to $27 but kept a neutral rating, signaling improved valuation expectations without an outright bullish recommendation.
• Neutral Sentiment: A report listed short interest at zero shares, indicating no reported short position to suggest meaningful short-covering demand; the figure may be subject to reporting limitations.
• Negative Sentiment: Several insiders reported selling shares. Director Mary Baglivo sold nearly all of her direct holdings, while EVP Sourav Ghosh and EVP Nathan Tyrrell also reduced their positions. Such sales can weigh on sentiment, although both executives retained substantial shareholdings. Read the insider-sale report

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Evercore set a $26.00 price objective on Host Hotels & Resorts in a report on Monday, October 26th. Weiss Ratings cut Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. 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 report on Thursday, September 10th. Morgan Stanley lifted their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, October 12th. Finally, Wells Fargo & Company boosted their target price on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.55.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HST. Private Advisor Group LLC bought a new stake in Host Hotels & Resorts during the third quarter worth $508,000. Focus Advisor Solutions LLC lifted its stake in Host Hotels & Resorts by 159.4% during the 3rd quarter. Focus Advisor Solutions LLC now owns 94,273 shares of the company’s stock valued at $2,111,000 after acquiring an additional 57,924 shares in the last quarter. Checchi Capital Advisers LLC lifted its stake in Host Hotels & Resorts by 3.5% during the 3rd quarter. Checchi Capital Advisers LLC now owns 12,493 shares of the company’s stock valued at $280,000 after acquiring an additional 417 shares in the last quarter. Composition Wealth LLC lifted its stake in Host Hotels & Resorts by 21.5% during the 3rd quarter. Composition Wealth LLC now owns 10,895 shares of the company’s stock valued at $244,000 after acquiring an additional 1,929 shares in the last quarter. Finally, Voya Investment Management LLC boosted its holdings in Host Hotels & Resorts by 101.4% during the 3rd quarter. Voya Investment Management LLC now owns 690,004 shares of the company’s stock worth $15,449,000 after acquiring an additional 347,483 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts. Its properties serve business and leisure travelers and are located primarily in the United States, with additional properties in international markets. The company’s hotels are operated under a range of well-known brands, including Marriott, Hilton, Hyatt and Four Seasons. Host generally relies on brand companies and other third-party operators to manage its properties, while focusing on hotel ownership and real estate investment.