Host Hotels & Resorts (NASDAQ:HST) EVP Nathan Tyrrell Sells 9,086 Shares

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 9,086 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $18.47, for a total value of $167,818.42. Following the completion of the sale, the executive vice president owned 659,841 shares in the company, valued at $12,187,263.27. This represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded up $0.28 on Monday, reaching $18.64. 8,650,146 shares of the company’s stock were exchanged, compared to its average volume of 9,307,859. The firm has a market cap of $12.82 billion, a price-to-earnings ratio of 17.75 and a beta of 1.18. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The stock has a fifty day simple moving average of $17.01 and a 200-day simple moving average of $16.60. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.03.

Host Hotels & Resorts (NASDAQ:HST) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the prior year, the company posted $0.36 EPS. Host Hotels & Resorts’s revenue was up .9% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, sell-side analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a $0.15 dividend. This represents a dividend yield of 82.0%. The ex-dividend date of this dividend is Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.19%.

Hedge Funds Weigh In On Host Hotels & Resorts

A number of institutional investors have recently added to or reduced their stakes in HST. Armstrong Advisory Group Inc. boosted its position in shares of Host Hotels & Resorts by 953.5% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock valued at $26,000 after acquiring an additional 1,516 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Host Hotels & Resorts in the second quarter worth approximately $29,000. Clearstead Advisors LLC raised its stake in Host Hotels & Resorts by 79.6% in the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after purchasing an additional 786 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Host Hotels & Resorts by 50.0% during the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 691 shares during the last quarter. Finally, MUFG Securities EMEA plc purchased a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $32,000. 98.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a report on Wednesday, October 1st. They set a “neutral” rating and a $19.00 target price for the company. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price target for the company from $18.00 to $22.00 in a research report on Friday, November 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a report on Monday, December 8th. Finally, Evercore ISI cut 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 note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $18.54.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.