Nomura Asset Management Co. Ltd. lifted its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) by 3.4% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 985,608 shares of the company’s stock after purchasing an additional 32,219 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Host Hotels & Resorts were worth $17,475,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of the business. Envestnet Portfolio Solutions Inc. grew its position in shares of Host Hotels & Resorts by 1.8% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company’s stock valued at $595,000 after buying an additional 607 shares during the last quarter. Huntington National Bank grew its position in shares of Host Hotels & Resorts by 12.3% during the 4th quarter. Huntington National Bank now owns 5,560 shares of the company’s stock valued at $99,000 after buying an additional 609 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Host Hotels & Resorts by 2.2% during the 4th quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company’s stock valued at $529,000 after buying an additional 654 shares during the last quarter. Clearstead Advisors LLC grew its position in shares of Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after buying an additional 786 shares during the last quarter. Finally, Abundance Wealth Counselors grew its position in shares of Host Hotels & Resorts by 0.6% during the 4th quarter. Abundance Wealth Counselors now owns 135,312 shares of the company’s stock valued at $2,399,000 after buying an additional 790 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.
Analysts Set New Price Targets
HST has been the subject of a number of analyst reports. Morgan Stanley boosted their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 12th. Stifel Nicolaus set a $23.00 target price on shares of Host Hotels & Resorts in a research note on Thursday, May 7th. Citigroup boosted their target price on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. boosted their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Finally, Argus raised shares of Host Hotels & Resorts to a “strong-buy” rating in a research note on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $22.62.
Insider Buying and Selling at Host Hotels & Resorts
In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total value 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 approximately $15,688,047. This represents a 2.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company’s stock.
Host Hotels & Resorts Trading Up 2.0%
Host Hotels & Resorts stock opened at $23.65 on Wednesday. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. The firm has a 50-day moving average price of $20.90 and a two-hundred day moving average price of $19.40. The firm has a market capitalization of $16.20 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 2.63 and a beta of 1.10. Host Hotels & Resorts, Inc. has a 52-week low of $15.07 and a 52-week high of $23.79.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its 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. The firm had revenue of $1.65 billion during the quarter, compared to analyst estimates of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. Host Hotels & Resorts’s revenue was up 3.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Sell-side analysts expect that Host Hotels & Resorts, Inc. will post 2.12 earnings per share for the current year.
Host Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is currently 54.42%.
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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