4,773,083 Shares in Host Hotels & Resorts, Inc. $HST Purchased by Caisse de depot et placement du Quebec

Key Points

• Caisse de dépôt et placement du Québec purchased 4.77 million Host Hotels & Resorts shares worth approximately $113.2 million, giving it a 0.70% stake. Institutional investors collectively own 98.52% of the REIT.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $24.33; targets range from $22.00 to $27.00.
• Host Hotels & Resorts exceeded quarterly expectations with $0.63 in EPS versus $0.62 expected and $1.64 billion in revenue, up 3.4% year over year. Shares opened at $22.43, down 2.5%.

Caisse de depot et placement du Quebec purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,773,083 shares of the company's stock, valued at approximately $113,170,000. Caisse de depot et placement du Quebec owned 0.70% of Host Hotels & Resorts as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Host Hotels & Resorts by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company's stock worth $1,917,115,000 after acquiring an additional 383,490 shares during the period. BlackRock Inc. acquired a new position in shares of Host Hotels & Resorts in the second quarter valued at approximately $2,096,191,000. Norges Bank acquired a new position in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $628,014,000. Invesco Ltd. raised its stake in shares of Host Hotels & Resorts by 9.7% during the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company's stock worth $425,866,000 after purchasing an additional 2,217,322 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Host Hotels & Resorts by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company's stock worth $402,056,000 after purchasing an additional 493,177 shares during the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of the firm's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the sale, the executive vice president directly owned 618,207 shares of the company's stock, valued at $14,299,127.91. This trade represents a 9.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. Raymond James Financial reiterated an "outperform" rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Stifel Nicolaus set a $26.25 price objective on shares of Host Hotels & Resorts in a research note on Thursday, June 4th. Morgan Stanley upped their price objective on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an "equal weight" rating in a research report on Tuesday, May 12th. Truist Financial raised their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings raised shares of Host Hotels & Resorts from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 14th. 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 company. According to data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of "Moderate Buy" and a consensus price target of $24.33.

Host Hotels & Resorts Trading Down 2.5%

Shares of Host Hotels & Resorts stock opened at $22.43 on Thursday. Host Hotels & Resorts, Inc. has a 12-month low of $15.61 and a 12-month high of $25.71. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The stock has a market cap of $15.37 billion, a PE ratio of 14.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.10. The company has a 50-day moving average of $23.87 and a two-hundred day moving average of $21.96.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the business earned $0.58 earnings per share. Host Hotels & Resorts's quarterly revenue was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, research analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Host Hotels & Resorts Company Profile

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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