Commonwealth of Pennsylvania Public School Empls Retrmt SYS Raises Position in Host Hotels & Resorts, Inc. $HST

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 392,299 shares of the company’s stock after acquiring an additional 5,721 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.06% of Host Hotels & Resorts worth $6,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Cerity Partners LLC grew its stake in Host Hotels & Resorts by 32.9% during the 1st quarter. Cerity Partners LLC now owns 38,425 shares of the company’s stock worth $546,000 after purchasing an additional 9,508 shares in the last quarter. New York State Common Retirement Fund boosted its stake in shares of Host Hotels & Resorts by 9.1% in the 1st quarter. New York State Common Retirement Fund now owns 459,132 shares of the company’s stock valued at $6,524,000 after buying an additional 38,331 shares during the period. CWM LLC grew its position in shares of Host Hotels & Resorts by 79.1% during the first quarter. CWM LLC now owns 18,766 shares of the company’s stock worth $267,000 after buying an additional 8,288 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Host Hotels & Resorts by 0.3% during the first quarter. Victory Capital Management Inc. now owns 2,124,849 shares of the company’s stock worth $30,194,000 after buying an additional 6,955 shares during the period. Finally, Diversify Advisory Services LLC purchased a new stake in shares of Host Hotels & Resorts during the first quarter worth approximately $199,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $17.23 on Tuesday. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36. The firm has a market capitalization of $11.85 billion, a P/E ratio of 18.33 and a beta of 1.36. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. The company’s fifty day moving average price is $16.96 and its 200 day moving average price is $16.27.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the firm posted $0.36 earnings per share. Host Hotels & Resorts’s revenue for the quarter was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, sell-side analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 76.19%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HST. Weiss Ratings reiterated a “hold (c)” rating on shares of Host Hotels & Resorts in a research note on Tuesday, November 11th. Cantor Fitzgerald started coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Truist Financial increased their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a “hold” rating in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $18.38.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.