Capital Fund Management S.A. Has $5.60 Million Stake in Host Hotels & Resorts, Inc. $HST

Key Points

• Capital Fund Management S.A. has reduced its stake in Host Hotels & Resorts by 40.4%, now owning 394,164 shares valued at approximately $5.6 million.
• Several major investors have increased their holdings, notably Invesco Ltd. with an 11.1% increase and Northern Trust Corp by 43.3%.
• The company's most recent quarterly earnings reported an EPS of $0.58, exceeding expectations, and a revenue of $1.59 billion, marking an 8.2% year-over-year increase.

Capital Fund Management S.A. decreased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 40.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 394,164 shares of the company's stock after selling 267,298 shares during the quarter. Capital Fund Management S.A. owned 0.06% of Host Hotels & Resorts worth $5,601,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Capital Analysts LLC raised its stake in shares of Host Hotels & Resorts by 13.1% in the 1st quarter. Capital Analysts LLC now owns 107,457 shares of the company's stock valued at $1,527,000 after buying an additional 12,482 shares in the last quarter. Credit Agricole S A lifted its holdings in Host Hotels & Resorts by 6.6% during the 1st quarter. Credit Agricole S A now owns 206,941 shares of the company's stock valued at $2,941,000 after purchasing an additional 12,794 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Host Hotels & Resorts by 3.8% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 159,355 shares of the company's stock valued at $2,264,000 after purchasing an additional 5,905 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. lifted its holdings in Host Hotels & Resorts by 7.8% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 512,497 shares of the company's stock valued at $7,283,000 after purchasing an additional 37,241 shares during the last quarter. Finally, Brooklyn Investment Group lifted its holdings in Host Hotels & Resorts by 348.1% during the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock valued at $34,000 after purchasing an additional 1,845 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

NASDAQ:HST traded up $0.47 during mid-day trading on Wednesday, reaching $17.40. 6,346,193 shares of the company were exchanged, compared to its average volume of 9,794,271. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36. The company has a fifty day moving average of $16.02 and a 200 day moving average of $15.38. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock has a market cap of $11.96 billion, a PE ratio of 18.52 and a beta of 1.34.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 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 analysts' expectations of $1.51 billion. During the same quarter in the previous year, the company earned $0.57 EPS. Host Hotels & Resorts'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. On average, research analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.20 per share. The ex-dividend date was Monday, June 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%. Host Hotels & Resorts's payout ratio is currently 85.11%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on HST. JPMorgan Chase & Co. began coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price target for the company. Morgan Stanley restated an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Stifel Nicolaus increased their price target on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Wells Fargo & Company increased their price target on Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Evercore ISI increased their price target on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research report on Monday, July 28th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $17.59.

Host Hotels & Resorts 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.