Y Intercept Hong Kong Ltd Sells 58,207 Shares of Host Hotels & Resorts, Inc. $HST

Y Intercept Hong Kong Ltd lowered its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 83.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 11,536 shares of the company’s stock after selling 58,207 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Host Hotels & Resorts were worth $196,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nordea Investment Management AB lifted its holdings in shares of Host Hotels & Resorts by 48.3% during the second quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after purchasing an additional 81,624 shares during the period. Frank Rimerman Advisors LLC bought a new position in Host Hotels & Resorts during the 2nd quarter worth $707,000. Rakuten Investment Management Inc. acquired a new position in Host Hotels & Resorts during the 3rd quarter worth about $474,000. Stevens Capital Management LP acquired a new position in Host Hotels & Resorts during the 2nd quarter worth about $164,000. Finally, Creative Planning grew its position in shares of Host Hotels & Resorts by 125.7% in the 2nd quarter. Creative Planning now owns 114,453 shares of the company’s stock valued at $1,758,000 after buying an additional 63,747 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 9,086 shares of Host Hotels & Resorts stock in a transaction on Friday, December 12th. The shares were sold at an average price of $18.47, for a total value of $167,818.42. Following the completion of the sale, the executive vice president directly owned 659,841 shares of the company’s stock, valued at approximately $12,187,263.27. The trade was a 1.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HST shares. Morgan Stanley set a $18.00 price objective on Host Hotels & Resorts in a research report on Friday, January 16th. UBS Group set a $21.00 target price on shares of Host Hotels & Resorts in a research report on Friday, January 9th. Evercore ISI lowered shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target for the company. in a report on Tuesday, November 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Host Hotels & Resorts in a research report on Monday, December 29th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.32.

Host Hotels & Resorts Price Performance

Shares of HST opened at $19.00 on Friday. The firm has a market cap of $13.07 billion, a PE ratio of 18.10, a price-to-earnings-growth ratio of 2.27 and a beta of 1.17. Host Hotels & Resorts, Inc. has a 52-week low of $12.22 and a 52-week high of $19.40. The business’s 50 day moving average price is $18.28 and its two-hundred day moving average price is $17.29. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last announced 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. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.30 billion. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. On average, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. This represents a yield of 85.0%. The ex-dividend date was Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.19%.

Host Hotels & Resorts 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.