Caxton Associates LLP Takes $1.24 Million Position in Host Hotels & Resorts, Inc. $HST

Key Points

• Caxton Associates LLP has taken a new position in Host Hotels & Resorts, acquiring 87,115 shares valued at approximately $1.24 million in the first quarter.
• The company's most recent earnings report showed $0.58 EPS, surpassing analysts' expectations, with quarterly revenue of $1.59 billion, marking an increase of 8.2% year-over-year.
• Host Hotels & Resorts recently declared a quarterly dividend of $0.20 per share, resulting in a dividend yield of 4.6% and a payout ratio of 85.11%.

Caxton Associates LLP bought a new stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 87,115 shares of the company's stock, valued at approximately $1,238,000.

A number of other large investors have also recently made changes to their positions in HST. Captrust Financial Advisors purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter valued at $748,000. Cetera Investment Advisers grew its holdings in Host Hotels & Resorts by 227.5% during the 4th quarter. Cetera Investment Advisers now owns 102,415 shares of the company's stock worth $1,794,000 after acquiring an additional 71,144 shares in the last quarter. Focus Partners Wealth increased its position in Host Hotels & Resorts by 8.2% during the 4th quarter. Focus Partners Wealth now owns 18,426 shares of the company's stock valued at $323,000 after purchasing an additional 1,392 shares during the period. Janus Henderson Group PLC increased its position in Host Hotels & Resorts by 2.3% during the 4th quarter. Janus Henderson Group PLC now owns 70,035 shares of the company's stock valued at $1,226,000 after purchasing an additional 1,602 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Host Hotels & Resorts by 91.3% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 216,919 shares of the company's stock valued at $3,812,000 after purchasing an additional 103,504 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of Host Hotels & Resorts stock opened at $17.44 on Wednesday. The company has a market capitalization of $11.99 billion, a PE ratio of 18.55 and a beta of 1.36. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The company has a 50-day simple moving average of $16.35 and a two-hundred day simple moving average of $15.43. Host Hotels & Resorts, Inc. has a one year low of $12.22 and a one year high of $19.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. Research analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%. Host Hotels & Resorts's dividend payout ratio is 85.11%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on HST shares. Evercore ISI raised their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Stifel Nicolaus raised their target price on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Truist Financial raised their target price on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a research report on Wednesday, September 3rd. JPMorgan Chase & Co. started coverage on shares of Host Hotels & Resorts in a research report on Monday, June 23rd. They set a "neutral" rating and a $16.00 target price on the stock. Finally, Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Six analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Host Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $17.77.

Host Hotels & Resorts Profile

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.

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