Kentucky Retirement Systems acquired a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 62,440 shares of the company’s stock, valued at approximately $1,214,000.
Other institutional investors also recently modified their holdings of the company. Zions Bancorporation National Association UT lifted its position in shares of Host Hotels & Resorts by 89.1% during the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after purchasing an additional 781 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at approximately $29,000. SJS Investment Consulting Inc. raised its position in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after purchasing an additional 641 shares during the last quarter. MUFG Securities EMEA plc bought a new position in Host Hotels & Resorts in the 2nd quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC acquired a new position in Host Hotels & Resorts during the 1st quarter worth $35,000. 98.52% of the stock is owned by institutional investors.
Insider Activity at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total transaction of $358,087.00. Following the completion of the sale, the executive vice president directly owned 682,089 shares of the company’s stock, valued at $15,688,047. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by company insiders.
Host Hotels & Resorts Trading Up 0.2%
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, topping 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 firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the business earned $0.64 EPS. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. On average, analysts predict that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current year.
Host Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 54.42%.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on HST shares. Argus set a $27.00 price objective on Host Hotels & Resorts in a research report on Wednesday, June 17th. Raymond James Financial restated an “outperform” rating and set a $27.00 target price on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Stifel Nicolaus set a $26.25 price target on Host Hotels & Resorts in a research note on Thursday, June 4th. Weiss Ratings cut Host Hotels & Resorts from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Finally, Barclays lifted their price objective on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $24.27.
Check Out Our Latest Analysis on Host Hotels & Resorts
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.
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