Cwm LLC Has $688,000 Stake in Host Hotels & Resorts, Inc. $HST

Key Points

• Cwm LLC increased its stake in Host Hotels & Resorts, Inc. by 138.6%, owning 44,777 shares valued at $688,000 as of the latest SEC filing.
• The company reported earnings per share of $0.58 for the last quarter, which surpassed analysts' expectations of $0.51, along with a revenue of $1.59 billion.
• Host Hotels & Resorts declared a quarterly dividend of $0.20 per share, reflecting an annual yield of 4.8% and a high dividend payout ratio of 85.11%.

Cwm LLC lifted its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 138.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 44,777 shares of the company's stock after buying an additional 26,011 shares during the quarter. Cwm LLC's holdings in Host Hotels & Resorts were worth $688,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC grew its position in shares of Host Hotels & Resorts by 58.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 58,129 shares of the company's stock worth $893,000 after buying an additional 21,452 shares during the period. IFP Advisors Inc grew its position in shares of Host Hotels & Resorts by 23.1% during the 2nd quarter. IFP Advisors Inc now owns 4,489 shares of the company's stock worth $74,000 after buying an additional 841 shares during the period. Callan Family Office LLC acquired a new stake in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $499,000. Blair William & Co. IL acquired a new stake in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $206,000. Finally, US Bancorp DE grew its position in shares of Host Hotels & Resorts by 14.6% during the 2nd quarter. US Bancorp DE now owns 36,901 shares of the company's stock worth $567,000 after buying an additional 4,708 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $16.63 on Friday. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock's fifty day simple moving average is $16.93 and its two-hundred day simple moving average is $15.84. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The stock has a market cap of $11.43 billion, a PE ratio of 17.69 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.07. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The business had revenue of $1.59 billion for the quarter, compared to analysts' expectations of $1.51 billion. During the same period last year, the business earned $0.57 EPS. The business's revenue was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, analysts forecast 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 Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, September 30th. This represents a $0.80 annualized dividend and a yield of 4.8%. Host Hotels & Resorts's dividend payout ratio (DPR) is 85.11%.

Analyst Upgrades and Downgrades

HST has been the subject of several recent analyst reports. Evercore ISI raised their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Weiss Ratings reiterated a "hold (c)" rating on shares of Host Hotels & Resorts in a report on Wednesday, October 8th. Truist Financial increased their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a "hold" rating in a report on Wednesday, September 3rd. Stifel Nicolaus increased their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, UBS Group increased their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a "neutral" rating in a report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $17.88.

Host Hotels & Resorts Company 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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