Oppenheimer Asset Management Inc. Acquires Shares of 60,162 Host Hotels & Resorts, Inc. $HST

Oppenheimer Asset Management Inc. bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 60,162 shares of the company’s stock, valued at approximately $1,426,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Walleye Capital LLC acquired a new stake in shares of Host Hotels & Resorts during the second quarter valued at approximately $238,000. Tema ETFs LLC lifted its position in shares of Host Hotels & Resorts by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 13,465 shares of the company’s stock valued at $319,000 after acquiring an additional 1,305 shares in the last quarter. Czech National Bank boosted its stake in Host Hotels & Resorts by 4.1% in the 2nd quarter. Czech National Bank now owns 181,297 shares of the company’s stock worth $4,299,000 after purchasing an additional 7,118 shares during the period. GAMMA Investing LLC boosted its stake in Host Hotels & Resorts by 8.4% in the 2nd quarter. GAMMA Investing LLC now owns 40,054 shares of the company’s stock worth $950,000 after purchasing an additional 3,117 shares during the period. Finally, Parallel Advisors LLC boosted its stake in Host Hotels & Resorts by 5.4% in the 1st quarter. Parallel Advisors LLC now owns 18,044 shares of the company’s stock worth $346,000 after purchasing an additional 919 shares during the period. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president owned 682,089 shares of the company’s stock, valued at $15,688,047. This trade represents a 2.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by insiders.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $22.90 on Monday. The company’s 50 day moving average price is $24.12 and its 200 day moving average price is $21.73. Host Hotels & Resorts, Inc. has a 52 week low of $15.61 and a 52 week high of $25.71. The company has a market capitalization of $15.69 billion, a PE ratio of 15.27, a PEG ratio of 2.54 and a beta of 1.10. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96.

Analyst Upgrades and Downgrades

Several analysts have issued reports on HST shares. Weiss Ratings downgraded shares of Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research report on Friday, June 12th. UBS Group lifted their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. Citigroup lifted their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Barclays upped their price target on Host Hotels & Resorts from $23.00 to $24.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.

Host Hotels & Resorts Profile

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.