California State Teachers Retirement System Buys 142,051 Shares of Host Hotels & Resorts, Inc. $HST

Key Points

• California State Teachers Retirement System increased its Host Hotels & Resorts stake by 21.8%, buying 142,051 shares to hold 793,810 shares worth approximately $15.2 million. Institutional investors collectively own 98.52% of the company.
• Host Hotels & Resorts reported quarterly EPS of $0.67, beating estimates of $0.36, while revenue rose 3.2% year over year to $1.65 billion. The REIT also pays a quarterly dividend of $0.20 per share, representing a 3.2% annualized yield.
• Analysts maintain a generally positive outlook, with the stock carrying a consensus “Moderate Buy” rating and an average price target of $24.27.

California State Teachers Retirement System lifted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 21.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 793,810 shares of the company's stock after purchasing an additional 142,051 shares during the period. California State Teachers Retirement System owned 0.12% of Host Hotels & Resorts worth $15,209,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SJS Investment Consulting Inc. raised its position 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 valued at $31,000 after purchasing an additional 641 shares in the last quarter. Zions Bancorporation National Association UT grew its position in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company's stock worth $29,000 after buying an additional 781 shares in the last quarter. Cedar Mountain Advisors LLC bought a new position in shares of Host Hotels & Resorts during the 1st quarter worth $35,000. CYBER HORNET ETFs LLC bought a new position in shares of Host Hotels & Resorts during the 2nd quarter worth $29,000. Finally, MUFG Securities EMEA plc purchased a new position in shares of Host Hotels & Resorts during the second quarter valued at $32,000. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $25.13 on Monday. 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 market cap of $17.21 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.81 and a beta of 1.10. The company has a 50 day moving average price of $24.12 and a 200 day moving average price of $21.37. Host Hotels & Resorts, Inc. has a 52 week low of $15.11 and a 52 week high of $25.71.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.31. The company had revenue of $1.65 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the firm earned $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. As a group, sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 2.15 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Tuesday, June 30th. Host Hotels & Resorts's dividend payout ratio is currently 54.42%.

Insider Activity at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 15,569 shares of the firm's stock in a transaction on Tuesday, May 26th. The stock was 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 owned 682,089 shares of the company's stock, valued at $15,688,047. This trade represents a 2.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.50% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. BMO Capital Markets restated an "outperform" rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a report on Friday, June 12th. Truist Financial increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Tuesday, May 26th. Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Raymond James Financial restated an "outperform" rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a report on Monday, June 8th. Finally, Morgan Stanley boosted their price target on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an "equal weight" rating in a report on Tuesday, May 12th. One investment 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, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $24.27.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source