Strs Ohio Purchases Shares of 1,272,877 Host Hotels & Resorts, Inc. $HST

Strs Ohio purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 1,272,877 shares of the company’s stock, valued at approximately $18,088,000.

Other large investors also recently bought and sold shares of the company. NBC Securities Inc. lifted its holdings in Host Hotels & Resorts by 185,200.0% in the first quarter. NBC Securities Inc. now owns 1,853 shares of the company’s stock valued at $26,000 after acquiring an additional 1,852 shares during the period. Versant Capital Management Inc lifted its holdings in Host Hotels & Resorts by 696.3% in the first quarter. Versant Capital Management Inc now owns 2,341 shares of the company’s stock valued at $33,000 after acquiring an additional 2,047 shares during the period. AlphaQuest LLC acquired a new position in shares of Host Hotels & Resorts during the 1st quarter worth approximately $33,000. Brooklyn Investment Group lifted its position in shares of Host Hotels & Resorts by 348.1% during the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company’s stock valued at $34,000 after buying an additional 1,845 shares in the last quarter. Finally, National Pension Service lifted its position in shares of Host Hotels & Resorts by 74.8% during the 1st quarter. National Pension Service now owns 2,596 shares of the company’s stock valued at $37,000 after buying an additional 1,111 shares in the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HST shares. Wells Fargo & Company increased their target price on Host Hotels & Resorts from $18.00 to $19.00 and gave the company an “overweight” rating in a research report on Wednesday, August 27th. Stifel Nicolaus increased their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a research report on Thursday, July 31st. Evercore ISI increased their target price on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, July 28th. Truist Financial increased their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “hold” rating in a research report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. started coverage on Host Hotels & Resorts in a research report on Monday, June 23rd. They set a “neutral” rating and a $16.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $17.77.

Host Hotels & Resorts Stock Down 0.5%

NASDAQ HST opened at $17.60 on Friday. The business has a fifty day moving average price of $16.43 and a 200 day moving average price of $15.47. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The company has a market cap of $12.10 billion, a P/E ratio of 18.72 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, beating the consensus estimate of $0.51 by $0.07. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same period in the prior year, the company earned $0.57 EPS. The firm’s revenue was up 8.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. 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 disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is currently 85.11%.

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.