SEB Asset Management AB Invests $1.39 Million in Host Hotels & Resorts, Inc. $HST

SEB Asset Management AB purchased a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 1st quarter, HoldingsChannel reports. The firm purchased 72,378 shares of the company’s stock, valued at approximately $1,387,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HST. Swiss National Bank grew its stake in Host Hotels & Resorts by 0.4% during the 1st quarter. Swiss National Bank now owns 1,360,979 shares of the company’s stock worth $26,076,000 after buying an additional 5,400 shares during the last quarter. California Public Employees Retirement System lifted its stake in Host Hotels & Resorts by 10.5% in the first quarter. California Public Employees Retirement System now owns 1,496,020 shares of the company’s stock valued at $28,664,000 after buying an additional 141,653 shares during the last quarter. Kera Capital Partners Inc. bought a new stake in Host Hotels & Resorts in the first quarter valued at $233,000. Bessemer Group Inc. boosted its holdings in shares of Host Hotels & Resorts by 15.5% during the first quarter. Bessemer Group Inc. now owns 19,115 shares of the company’s stock valued at $367,000 after acquiring an additional 2,570 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of Host Hotels & Resorts by 4.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 599,069 shares of the company’s stock valued at $11,442,000 after acquiring an additional 25,041 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

Shares of HST opened at $23.96 on Friday. The firm has a market capitalization of $16.41 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09. The company has a debt-to-equity ratio of 0.74, a quick ratio of 7.91 and a current ratio of 7.91. Host Hotels & Resorts, Inc. has a one year low of $15.11 and a one year high of $25.41. The stock’s fifty day moving average is $23.75 and its 200-day moving average is $21.08.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.31. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is currently 54.42%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on HST shares. Cantor Fitzgerald increased their price objective on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Stifel Nicolaus set a $26.25 target price on shares of Host Hotels & Resorts in a research report on Thursday, June 4th. JPMorgan Chase & Co. raised their price target on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a research note on Tuesday. 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. Finally, Wells Fargo & Company lifted their price target on Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $24.27.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 58,579 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $22.00, for a total value of $1,288,738.00. Following the completion of the transaction, the executive vice president directly owned 697,658 shares in the company, valued at $15,348,476. This trade represents a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.50% of the stock is owned by company insiders.

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.