XTX Topco Ltd Acquires New Stake in Host Hotels & Resorts, Inc. $HST

XTX Topco Ltd bought a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 284,711 shares of the company’s stock, valued at approximately $4,373,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Armstrong Advisory Group Inc. grew its holdings in shares of Host Hotels & Resorts by 953.5% during the second quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after purchasing an additional 1,516 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Host Hotels & Resorts by 50.0% during the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock valued at $32,000 after purchasing an additional 691 shares during the last quarter. AlphaQuest LLC bought a new stake in Host Hotels & Resorts during the first quarter valued at approximately $33,000. Ameritas Advisory Services LLC purchased a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $33,000. Finally, Brooklyn Investment Group increased its holdings in shares of Host Hotels & Resorts by 348.1% in the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company’s stock worth $34,000 after buying an additional 1,845 shares during the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their price objective for the company from $18.00 to $22.00 in a research report on Friday, November 7th. 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 note on Thursday, July 31st. UBS Group lifted their price target on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research note on Monday, September 22nd. Evercore ISI lowered Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price objective on the stock. in a research report on Tuesday, November 11th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Host Hotels & Resorts in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and an average target price of $18.38.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $17.33 on Tuesday. The company’s fifty day moving average price is $16.92 and its 200-day moving average price is $16.36. The stock has a market cap of $11.92 billion, a PE ratio of 18.44 and a beta of 1.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Host Hotels & Resorts’s quarterly revenue was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 76.19%.

Host Hotels & Resorts 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.