Corient Private Wealth LP Takes $4.15 Million Position in Host Hotels & Resorts, Inc. $HST

Key Points

• Corient Private Wealth purchased 175,117 shares of Host Hotels & Resorts in the second quarter, establishing a position valued at approximately $4.15 million. Institutional investors collectively own 98.52% of HST’s outstanding shares.
• Analysts maintain a generally positive outlook, with HST carrying a “Moderate Buy” consensus rating and an average price target of $24.33. One analyst rates it a Strong Buy, while nine recommend Buy and six recommend Hold.
• Host Hotels & Resorts exceeded quarterly expectations, reporting $0.63 in EPS versus the $0.62 consensus and $1.64 billion in revenue, up 3.4% year over year. However, an executive vice president sold 63,882 shares worth about $1.48 million, reducing his ownership by 9.37%.

Corient Private Wealth LP purchased a new stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 175,117 shares of the company's stock, valued at approximately $4,152,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HST. BlackRock Inc. purchased a new stake in shares of Host Hotels & Resorts in the second quarter valued at $2,096,191,000. Norges Bank acquired a new position in Host Hotels & Resorts during the fourth quarter valued at $628,014,000. Invesco Ltd. raised its position in Host Hotels & Resorts by 9.7% during the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company's stock valued at $425,866,000 after buying an additional 2,217,322 shares during the period. Geode Capital Management LLC lifted its stake in Host Hotels & Resorts by 2.2% in the 4th quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company's stock worth $402,056,000 after acquiring an additional 493,177 shares in the last quarter. Finally, SG Americas Securities LLC boosted its position in Host Hotels & Resorts by 251.9% during the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company's stock worth $263,555,000 after acquiring an additional 9,846,104 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on HST shares. LADENBURG THALM/SH SH increased their price target on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Wednesday, June 10th. Citigroup upped their price objective 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. Weiss Ratings raised shares of Host Hotels & Resorts from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, August 14th. BMO Capital Markets restated an "outperform" rating and set a $27.00 price target on shares of Host Hotels & Resorts in a report on Friday, June 12th. Finally, Cantor Fitzgerald upped their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $24.33.

Insider Activity

In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the company's stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.50% of the company's stock.

Host Hotels & Resorts Price Performance

Shares of HST opened at $21.93 on Tuesday. The firm has a market cap of $15.02 billion, a PE ratio of 14.62, a PEG ratio of 2.47 and a beta of 1.10. The firm's 50 day moving average price is $23.70 and its 200 day moving average price is $22.02. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. Host Hotels & Resorts, Inc. has a twelve month low of $15.61 and a twelve month high of $25.71.

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 the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The company had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the previous year, the firm posted $0.58 earnings per share. The company's revenue for the quarter 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. As a group, research analysts expect 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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