SummitTX Capital L.P. Acquires Shares of 377,690 Host Hotels & Resorts, Inc. $HST

SummitTX Capital L.P. bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the first quarter, HoldingsChannel.com reports. The fund bought 377,690 shares of the company’s stock, valued at approximately $7,237,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Waterloo Capital L.P. grew its holdings in shares of Host Hotels & Resorts by 543.6% during the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock valued at $2,958,000 after buying an additional 140,932 shares during the last quarter. Arbejdsmarkedets Tillaegspension purchased a new position in Host Hotels & Resorts in the 4th quarter worth approximately $23,632,000. Cbre Investment Management Listed Real Assets LLC raised its holdings in Host Hotels & Resorts by 41.8% in the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock worth $38,465,000 after acquiring an additional 639,695 shares during the last quarter. Convergence Investment Partners LLC bought a new position in Host Hotels & Resorts in the 4th quarter valued at approximately $843,000. Finally, Meiji Yasuda Asset Management Co Ltd. lifted its position in Host Hotels & Resorts by 139.2% in the 4th quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company’s stock valued at $2,511,000 after acquiring an additional 82,420 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. LADENBURG THALM/SH SH increased their target price on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. UBS Group upped 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. Raymond James Financial reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Citigroup lifted their price objective on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Finally, Morgan Stanley boosted their target price on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $24.27.

Insider Buying and Selling

In related news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction on Tuesday, May 26th. The stock was 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 in the company, valued at approximately $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $24.50 on Monday. Host Hotels & Resorts, Inc. has a 12-month low of $15.11 and a 12-month high of $25.41. The company has a current ratio of 7.91, a quick ratio of 7.91 and a debt-to-equity ratio of 0.74. The firm’s 50 day moving average is $23.81 and its 200 day moving average is $21.13. The stock has a market capitalization of $16.78 billion, a P/E ratio of 16.67, a P/E/G ratio of 2.76 and a beta of 1.09.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. The business had revenue of $1.65 billion during the quarter, compared to analyst estimates 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 period in the previous year, the business earned $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Research analysts expect that Host Hotels & Resorts, Inc. will post 2.14 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

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

Host Hotels & Resorts Company 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.