Host Hotels & Resorts, Inc. $HST Shares Sold by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale decreased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 3.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 586,260 shares of the company’s stock after selling 19,130 shares during the period. DekaBank Deutsche Girozentrale owned approximately 0.08% of Host Hotels & Resorts worth $9,085,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HST. Wealth Enhancement Advisory Services LLC increased its stake in Host Hotels & Resorts by 10.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 57,318 shares of the company’s stock valued at $814,000 after buying an additional 5,318 shares during the period. Oppenheimer Asset Management Inc. grew its stake in shares of Host Hotels & Resorts by 48.7% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 50,983 shares of the company’s stock worth $724,000 after purchasing an additional 16,694 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in shares of Host Hotels & Resorts by 1.7% in the 1st quarter. Asset Management One Co. Ltd. now owns 1,456,690 shares of the company’s stock worth $20,700,000 after purchasing an additional 24,227 shares during the last quarter. Moran Wealth Management LLC grew its stake in shares of Host Hotels & Resorts by 1.8% in the 1st quarter. Moran Wealth Management LLC now owns 70,962 shares of the company’s stock worth $1,008,000 after purchasing an additional 1,223 shares during the last quarter. Finally, Achmea Investment Management B.V. grew its stake in shares of Host Hotels & Resorts by 21.5% in the 1st quarter. Achmea Investment Management B.V. now owns 738,302 shares of the company’s stock worth $10,491,000 after purchasing an additional 130,576 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Analyst Upgrades and Downgrades

HST has been the topic of several recent research reports. Evercore ISI lifted their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, July 28th. Truist Financial lifted their price objective on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a “hold” rating in a research note on Wednesday, September 3rd. Morgan Stanley reaffirmed an “outperform” rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. Cantor Fitzgerald initiated coverage on shares of Host Hotels & Resorts in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Host Hotels & Resorts in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.88.

Host Hotels & Resorts Stock Down 1.0%

HST stock opened at $16.63 on Friday. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $19.36. The company’s 50 day simple moving average is $16.93 and its 200-day simple moving average is $15.84. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. The firm has a market capitalization of $11.43 billion, a P/E ratio of 17.69 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the business earned $0.57 earnings per share. 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. As a group, equities research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.8%. Host Hotels & Resorts’s payout ratio is currently 85.11%.

About Host Hotels & Resorts

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.