Advisors Capital Management LLC Buys New Position in Host Hotels & Resorts, Inc. $HST

Advisors Capital Management LLC bought a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,140,440 shares of the company's stock, valued at approximately $27,040,000. Advisors Capital Management LLC owned 0.17% of Host Hotels & Resorts at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. Zions Bancorporation National Association UT raised its holdings 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 valued at $29,000 after purchasing an additional 781 shares during the period. CYBER HORNET ETFs LLC bought a new stake in Host Hotels & Resorts in the 2nd quarter valued at about $29,000. SJS Investment Consulting Inc. raised its stake in Host Hotels & Resorts by 64.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company's stock worth $31,000 after buying an additional 641 shares during the period. MUFG Securities EMEA plc acquired a new position in Host Hotels & Resorts during the 2nd quarter worth approximately $32,000. Finally, Cedar Mountain Advisors LLC bought a new position in Host Hotels & Resorts in the first quarter worth approximately $35,000. 98.52% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on HST shares. Citigroup lifted their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, May 12th. Weiss Ratings upgraded shares of Host Hotels & Resorts from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 14th. Barclays raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 21st. 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 research note on Tuesday, July 21st. Finally, Morgan Stanley boosted their price objective on Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 12th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $24.33.

Insiders Place Their Bets

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction dated 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 transaction, the executive vice president owned 682,089 shares in the company, valued at $15,688,047. This trade represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

Host Hotels & Resorts Trading Down 0.3%

Shares of HST stock opened at $23.09 on Friday. The company has a 50 day moving average of $24.02 and a 200-day moving average of $21.85. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 12-month low of $15.61 and a 12-month high of $25.71. The firm has a market cap of $15.82 billion, a P/E ratio of 15.39, a PEG ratio of 2.56 and a beta of 1.10.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same period in the prior year, the company earned $0.58 earnings per share. Host Hotels & Resorts's 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. Sell-side analysts anticipate that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current year.

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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