Gateway Investment Advisers LLC acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free 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 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
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
- Five stocks we like better than Host Hotels & Resorts
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
- 3 Healthcare Stocks Set to Benefit From the One Big Beautiful Bill
Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report).
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
