Dimensional Fund Advisors LP Decreases Stock Holdings in Host Hotels & Resorts, Inc. $HST

Key Points

• Dimensional Fund Advisors LP has decreased its holdings in Host Hotels & Resorts by 0.2%, now owning 10,374,331 shares valued at approximately $147 million.
• In contrast, Invesco Ltd. increased its stake by 11.1%, reaching nearly 25 million shares valued at $356 million, indicating a shift among institutional investors.
• Host Hotels & Resorts recently declared a quarterly dividend of $0.20, representing a 5.0% yield, with a payout ratio of 85.11% for the stock.

Dimensional Fund Advisors LP trimmed its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 0.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,374,331 shares of the company's stock after selling 18,945 shares during the period. Dimensional Fund Advisors LP owned about 1.50% of Host Hotels & Resorts worth $147,418,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Invesco Ltd. increased its holdings in Host Hotels & Resorts by 11.1% during the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company's stock valued at $356,088,000 after purchasing an additional 2,503,550 shares during the period. Northern Trust Corp grew its position in shares of Host Hotels & Resorts by 43.3% in the 4th quarter. Northern Trust Corp now owns 13,752,705 shares of the company's stock worth $240,947,000 after buying an additional 4,158,219 shares during the last quarter. Centersquare Investment Management LLC increased its stake in shares of Host Hotels & Resorts by 1.7% during the first quarter. Centersquare Investment Management LLC now owns 11,235,809 shares of the company's stock valued at $159,661,000 after buying an additional 183,653 shares during the period. Deutsche Bank AG raised its holdings in shares of Host Hotels & Resorts by 184.7% during the fourth quarter. Deutsche Bank AG now owns 9,752,018 shares of the company's stock valued at $170,855,000 after acquiring an additional 6,326,709 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Host Hotels & Resorts by 6.3% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,326,744 shares of the company's stock valued at $128,365,000 after acquiring an additional 433,657 shares in the last quarter. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $16.12 on Thursday. The company's fifty day moving average price is $15.92 and its 200-day moving average price is $15.38. The stock has a market cap of $11.08 billion, a PE ratio of 17.15 and a beta of 1.34. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping 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 company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same period last year, the business earned $0.57 EPS. Host Hotels & Resorts's quarterly revenue 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. On average, equities analysts expect that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's payout ratio is currently 85.11%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on HST. Evercore ISI lifted their price target on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. Stifel Nicolaus increased their price target on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, JPMorgan Chase & Co. initiated coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price objective for the company. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $17.50.

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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