Gateway Investment Advisers LLC Purchases Shares of 22,720 Host Hotels & Resorts, Inc. $HST

Gateway Investment Advisers LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) in the 4th quarter, HoldingsChannel reports. The firm acquired 22,720 shares of the company’s stock, valued at approximately $403,000.

Other large investors have also recently made changes to their positions in the company. Caprock Group LLC bought a new stake in Host Hotels & Resorts in the third quarter valued at $1,234,000. AlphaQuest LLC raised its holdings in Host Hotels & Resorts by 150.4% in the 3rd quarter. AlphaQuest LLC now owns 185,573 shares of the company’s stock worth $3,158,000 after purchasing an additional 111,452 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Host Hotels & Resorts by 68.6% in the 3rd quarter. Russell Investments Group Ltd. now owns 7,370,907 shares of the company’s stock worth $125,454,000 after purchasing an additional 2,999,082 shares in the last quarter. Rakuten Investment Management Inc. purchased a new stake in shares of Host Hotels & Resorts in the 3rd quarter worth about $474,000. Finally, Xponance Inc. lifted its position in shares of Host Hotels & Resorts by 24.5% in the 3rd quarter. Xponance Inc. now owns 377,095 shares of the company’s stock worth $6,418,000 after purchasing an additional 74,211 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $22.27 on Monday. The firm’s 50-day moving average price is $19.88 and its 200-day moving average price is $18.73. The company has a market capitalization of $15.31 billion, a PE ratio of 15.15, a P/E/G ratio of 2.51 and a beta of 1.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 2.59. Host Hotels & Resorts, Inc. has a 1-year low of $14.46 and a 1-year high of $22.36.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period last year, the company posted $0.64 EPS. Host Hotels & Resorts’s revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 54.42%.

Analyst Ratings Changes

Several equities analysts recently issued reports on HST shares. JPMorgan Chase & Co. boosted their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. Weiss Ratings upgraded shares of Host Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, February 26th. Barclays lifted their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 7th. Truist Financial upped their target price on Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, March 26th. Finally, Robert W. Baird set a $20.00 target price on Host Hotels & Resorts in a research report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.46.

Read Our Latest Research Report on HST

About Host Hotels & Resorts

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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