Host Hotels & Resorts, Inc. $HST Shares Bought by Hsbc Holdings PLC

Key Points

• HSBC Holdings PLC increased its stake in Host Hotels & Resorts by 25.6% in the first quarter, buying 630,832 additional shares and bringing its total holdings to 3,099,190 shares worth about $59.4 million.
• Analyst sentiment remains positive, with several firms raising price targets and the stock carrying an average “Moderate Buy” rating and a consensus target price of $23.95.
• Host Hotels & Resorts reported better-than-expected quarterly results, posting EPS of $0.67 on revenue of $1.65 billion, and it recently paid a quarterly dividend of $0.20 per share, yielding about 3.3% annually.

Hsbc Holdings PLC grew its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 25.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,099,190 shares of the company's stock after acquiring an additional 630,832 shares during the quarter. Hsbc Holdings PLC owned about 0.45% of Host Hotels & Resorts worth $59,419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Waterloo Capital L.P. lifted its holdings in Host Hotels & Resorts by 543.6% in the 4th quarter. Waterloo Capital L.P. now owns 166,859 shares of the company's stock valued at $2,958,000 after purchasing an additional 140,932 shares in the last quarter. Arbejdsmarkedets Tillaegspension purchased a new stake in shares of Host Hotels & Resorts during the fourth quarter worth about $23,632,000. Convergence Investment Partners LLC acquired a new position in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $843,000. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Host Hotels & Resorts by 139.2% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company's stock valued at $2,511,000 after buying an additional 82,420 shares during the last quarter. Finally, Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Host Hotels & Resorts by 41.8% during the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company's stock valued at $38,465,000 after buying an additional 639,695 shares during the period. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on HST shares. Weiss Ratings upgraded shares of Host Hotels & Resorts from a "buy (b-)" rating to a "buy (b)" rating in a research report on Wednesday. LADENBURG THALM/SH SH increased their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday, June 10th. Argus set a $27.00 price objective on Host Hotels & Resorts in a report on Wednesday, June 17th. Barclays lifted their price objective on Host Hotels & Resorts from $20.00 to $23.00 and gave the company an "equal weight" rating in a research report on Monday, June 1st. Finally, Wells Fargo & Company upped their target price on Host Hotels & Resorts from $23.00 to $25.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $23.95.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $23.94 on Monday. Host Hotels & Resorts, Inc. has a 1 year low of $15.11 and a 1 year high of $25.41. The firm has a 50 day moving average price of $23.54 and a 200 day moving average price of $20.91. The company has a market cap of $16.40 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 2.70 and a beta of 1.09. The company has a debt-to-equity ratio of 0.74, a quick ratio of 7.91 and a current ratio of 7.91.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.31. The company had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. Host Hotels & Resorts's revenue was up 3.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Sell-side analysts predict that Host Hotels & Resorts, Inc. will post 2.13 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 30th. Host Hotels & Resorts's dividend payout ratio (DPR) is 54.42%.

Insider Buying and Selling at Host Hotels & Resorts

In related news, EVP Nathan S. Tyrrell sold 58,579 shares of Host Hotels & Resorts stock in a transaction on Friday, May 8th. The stock was sold at an average price of $22.00, for a total value of $1,288,738.00. Following the transaction, the executive vice president owned 697,658 shares in the company, valued at approximately $15,348,476. This trade represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.50% of the company's stock.

About Host Hotels & Resorts

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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