Host Hotels & Resorts (NASDAQ:HST) Sets New 52-Week High – Here’s Why

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Free Report) reached a new 52-week high on Thursday . The company traded as high as $18.74 and last traded at $18.6440, with a volume of 1470 shares changing hands. The stock had previously closed at $18.57.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wells Fargo & Company upgraded Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. JPMorgan Chase & Co. lifted their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Friday, November 7th. UBS Group upped their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a report on Monday, September 22nd. Truist Financial increased their target price on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a “hold” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $18.54.

Read Our Latest Stock Analysis on HST

Host Hotels & Resorts Stock Up 0.3%

The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The firm’s 50 day moving average price is $17.23 and its two-hundred day moving average price is $16.68. The company has a market cap of $12.73 billion, a P/E ratio of 17.63 and a beta of 1.18.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, topping 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 business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same period last year, the company posted $0.36 earnings per share. The business’s quarterly revenue was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Equities research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

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

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total value of $216,965.10. Following the completion of the sale, the executive vice president owned 668,927 shares of the company’s stock, valued at approximately $12,141,025.05. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

Several hedge funds have recently bought and sold shares of HST. Nordea Investment Management AB increased its stake in shares of Host Hotels & Resorts by 48.3% in the second quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after purchasing an additional 81,624 shares in the last quarter. Frank Rimerman Advisors LLC bought a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $707,000. Stevens Capital Management LP bought a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $164,000. Creative Planning grew its stake in Host Hotels & Resorts by 125.7% in the 2nd quarter. Creative Planning now owns 114,453 shares of the company’s stock valued at $1,758,000 after buying an additional 63,747 shares in the last quarter. Finally, Ballentine Partners LLC bought a new stake in Host Hotels & Resorts during the 2nd quarter valued at $202,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

(Get 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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