UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $107.34 Million Stake in Host Hotels & Resorts, Inc. $HST

Key Points

• UBS Asset Management increased its stake in Host Hotels & Resorts by 3.1% in the first quarter, owning a total of 7,553,946 shares worth approximately $107.3 million.
• Analysts' ratings for Host Hotels & Resorts are generally positive, with several firms raising their price targets, suggesting a consensus rating of "Moderate Buy" with an average target of $17.77.
• The company recently declared a quarterly dividend of $0.20 per share, representing an annualized yield of 4.5%.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 3.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 7,553,946 shares of the company's stock after acquiring an additional 227,202 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned approximately 1.09% of Host Hotels & Resorts worth $107,342,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. NBC Securities Inc. lifted its stake in shares of Host Hotels & Resorts by 185,200.0% in the 1st quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock worth $26,000 after acquiring an additional 1,852 shares during the period. Versant Capital Management Inc increased its holdings in shares of Host Hotels & Resorts by 696.3% in the 1st quarter. Versant Capital Management Inc now owns 2,341 shares of the company's stock valued at $33,000 after purchasing an additional 2,047 shares in the last quarter. AlphaQuest LLC acquired a new stake in shares of Host Hotels & Resorts in the first quarter valued at about $33,000. Brooklyn Investment Group boosted its holdings in Host Hotels & Resorts by 348.1% during the first quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock worth $34,000 after buying an additional 1,845 shares in the last quarter. Finally, National Pension Service grew its position in Host Hotels & Resorts by 74.8% during the first quarter. National Pension Service now owns 2,596 shares of the company's stock worth $37,000 after buying an additional 1,111 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

Host Hotels & Resorts Stock Up 1.1%

HST traded up $0.19 during trading on Thursday, hitting $17.71. The company had a trading volume of 2,459,206 shares, compared to its average volume of 9,653,893. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. Host Hotels & Resorts, Inc. has a 1-year low of $12.22 and a 1-year high of $19.36. The business has a 50-day moving average of $16.52 and a 200-day moving average of $15.50. The company has a market cap of $12.18 billion, a PE ratio of 18.82 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its earnings results 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. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. The firm's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.57 earnings per share. 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 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Tuesday, September 30th. Host Hotels & Resorts's dividend payout ratio is presently 85.11%.

Analyst Ratings Changes

Several equities analysts recently weighed in on HST shares. Stifel Nicolaus raised their price objective on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research note on Thursday, July 31st. Morgan Stanley reiterated an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Truist Financial boosted their target price on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. started coverage on shares of Host Hotels & Resorts in a research report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price target on the stock. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $17.77.

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.