Curated Wealth Partners LLC Makes New Investment in Host Hotels & Resorts, Inc. $HST

Curated Wealth Partners LLC acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,939 shares of the company’s stock, valued at approximately $469,000.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $2,096,191,000. Deutsche Bank AG acquired a new position in shares of Host Hotels & Resorts during the second quarter valued at $296,560,000. Bank of America Corp DE acquired a new position in shares of Host Hotels & Resorts during the second quarter valued at $295,807,000. SG Americas Securities LLC boosted its holdings in shares of Host Hotels & Resorts by 251.9% during the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after acquiring an additional 9,846,104 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Host Hotels & Resorts by 1.1% during the first quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock worth $201,042,000 after acquiring an additional 118,043 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on HST shares. Cantor Fitzgerald upped their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. lifted their price target on Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st. Barclays increased their price objective on Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday. Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Finally, Truist Financial raised their target price on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $24.70.

Insider Activity

In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of Host Hotels & Resorts stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. The trade was a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $23.97 on Friday. Host Hotels & Resorts, Inc. has a one year low of $15.61 and a one year high of $25.71. The stock has a fifty day moving average of $22.50 and a 200-day moving average of $22.69. The company has a market capitalization of $16.42 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 2.69 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. The company had revenue of $1.64 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period last year, the company posted $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.3%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 53.33%.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust (REIT) focused on owning and investing in luxury and upper-upscale hotels. The company’s portfolio includes full-service hotels and resorts located in major urban centers, convention destinations and resort markets.

Host Hotels & Resorts generally owns the real estate and hotel improvements while relying on third-party management companies and leading lodging brands to operate its properties.