Everett Harris & Co. CA Acquires Shares of 74,188 Host Hotels & Resorts, Inc. $HST

Key Points

• Everett Harris & Co. CA acquired 74,188 shares of Host Hotels & Resorts during the second quarter, valued at approximately $1.76 million. Institutional investors collectively own 98.52% of the company.
• Host Hotels & Resorts shares opened at $22.90, with a market capitalization of $15.69 billion and a 52-week range of $15.61 to $25.71.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $24.33; recent targets range from $24 to $27.

Everett Harris & Co. CA acquired a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 74,188 shares of the company's stock, valued at approximately $1,759,000.

Other institutional investors have also recently made changes to their positions in the company. Zions Bancorporation National Association UT raised its holdings in shares of Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company's stock valued at $29,000 after purchasing an additional 781 shares during the last quarter. CYBER HORNET ETFs LLC purchased a new position in Host Hotels & Resorts during the second quarter worth about $29,000. SJS Investment Consulting Inc. boosted its holdings in Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company's stock worth $31,000 after purchasing an additional 641 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in Host Hotels & Resorts in the 2nd quarter worth about $32,000. Finally, Cedar Mountain Advisors LLC bought a new stake in Host Hotels & Resorts in the 1st quarter worth about $35,000. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

HST opened at $22.90 on Friday. The firm has a market cap of $15.69 billion, a P/E ratio of 15.27, a PEG ratio of 2.52 and a beta of 1.10. The firm has a 50-day moving average of $24.12 and a 200 day moving average of $21.70. The company has a debt-to-equity ratio of 0.80, a quick ratio of 7.91 and a current ratio of 2.96. Host Hotels & Resorts, Inc. has a fifty-two week low of $15.61 and a fifty-two week high of $25.71.

Analyst Ratings Changes

HST has been the subject of several analyst reports. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Cantor Fitzgerald boosted their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "neutral" rating in a research note on Tuesday. Truist Financial upped their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the company a "buy" rating in a report on Tuesday, May 26th. Citigroup increased their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday, May 12th. Finally, Argus set a $27.00 price target on Host Hotels & Resorts in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Host Hotels & Resorts currently has an average rating of "Moderate Buy" and an average price target of $24.33.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the business's stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $23.00, for a total value of $358,087.00. Following the transaction, the executive vice president directly owned 682,089 shares in the company, valued at $15,688,047. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.50% of the company's stock.

Host Hotels & Resorts 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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