Host Hotels & Resorts, Inc. $HST Stake Reduced by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc decreased its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 38.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 203,861 shares of the company’s stock after selling 129,901 shares during the period. Ensign Peak Advisors Inc’s holdings in Host Hotels & Resorts were worth $3,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Frank Rimerman Advisors LLC acquired a new stake in Host Hotels & Resorts during the second quarter valued at approximately $707,000. Duff & Phelps Investment Management Co. lifted its position in shares of Host Hotels & Resorts by 7.0% during the 2nd quarter. Duff & Phelps Investment Management Co. now owns 2,679,213 shares of the company’s stock valued at $41,153,000 after acquiring an additional 174,245 shares during the last quarter. Y.D. More Investments Ltd boosted its stake in shares of Host Hotels & Resorts by 24.8% during the 2nd quarter. Y.D. More Investments Ltd now owns 9,078 shares of the company’s stock worth $143,000 after acquiring an additional 1,803 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in shares of Host Hotels & Resorts by 25.0% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 33,880 shares of the company’s stock worth $520,000 after acquiring an additional 6,786 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board grew its holdings in shares of Host Hotels & Resorts by 12.5% in the 2nd quarter. Ontario Teachers Pension Plan Board now owns 486,148 shares of the company’s stock worth $7,467,000 after acquiring an additional 54,118 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $17.79 on Wednesday. The company has a market capitalization of $12.23 billion, a PE ratio of 18.93 and a beta of 1.36. 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’s 50 day moving average price is $16.92 and its 200 day moving average price is $16.38. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.36.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the business posted $0.36 EPS. The company’s revenue for the quarter was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. Research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is presently 76.19%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Truist Financial increased their price target 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. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a report on Friday, October 3rd. Evercore ISI downgraded shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a research report on Tuesday, November 11th. Cantor Fitzgerald began coverage on shares of Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price target for the company. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.38.

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.