Host Hotels & Resorts, Inc. $HST Stock Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

Key Points

• Virginia Retirement Systems reduced its Host Hotels & Resorts stake by 11.8% in the third quarter, selling 82,600 shares and retaining 615,219 shares valued at approximately $13.8 million. Institutional investors collectively own 98.52% of HST.
• Host Hotels reported quarterly EPS of $0.63, exceeding estimates by $0.01, while revenue rose 3.4% year over year to $1.64 billion. The company pays a quarterly dividend of $0.20, equivalent to a 3.2% annual yield.
• Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $25.14; recent targets range from $24 to $27. HST shares opened at $25.30, near their 52-week high of $25.87.

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 11.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 615,219 shares of the company's stock after selling 82,600 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.09% of Host Hotels & Resorts worth $13,775,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HST. Parcion Private Wealth LLC boosted its holdings in shares of Host Hotels & Resorts by 16.5% in the third quarter. Parcion Private Wealth LLC now owns 16,609 shares of the company's stock valued at $372,000 after acquiring an additional 2,349 shares in the last quarter. Soltis Investment Advisors LLC increased its stake in shares of Host Hotels & Resorts by 22.2% during the third quarter. Soltis Investment Advisors LLC now owns 15,235 shares of the company's stock worth $341,000 after acquiring an additional 2,772 shares during the period. D.A. Davidson & CO. increased its stake in shares of Host Hotels & Resorts by 8.2% during the third quarter. D.A. Davidson & CO. now owns 133,576 shares of the company's stock worth $2,991,000 after acquiring an additional 10,164 shares during the period. BOKF NA raised its holdings in Host Hotels & Resorts by 16.8% during the third quarter. BOKF NA now owns 130,875 shares of the company's stock worth $2,930,000 after purchasing an additional 18,827 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. raised its holdings in Host Hotels & Resorts by 44.0% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 9,206 shares of the company's stock worth $206,000 after purchasing an additional 2,811 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST opened at $25.30 on Friday. Host Hotels & Resorts, Inc. has a 1 year low of $15.61 and a 1 year high of $25.87. The company's 50 day simple moving average is $22.96 and its 200 day simple moving average is $21.91. The company has a market capitalization of $17.33 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 3.50 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.62 by $0.01. The firm had revenue of $1.64 billion during the quarter, compared to analysts' expectations of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. Host Hotels & Resorts's revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, sell-side analysts predict that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.2%. Host Hotels & Resorts's payout ratio is currently 53.33%.

Insider Activity at Host Hotels & Resorts

In related news, EVP Nathan Tyrrell sold 63,882 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the transaction, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have commented on HST. Evercore set a $26.00 target price on shares of Host Hotels & Resorts in a research report on Monday, October 26th. Weiss Ratings upgraded shares of Host Hotels & Resorts from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, August 14th. Morgan Stanley raised their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company an "equal weight" rating in a research note on Monday, October 12th. Cantor Fitzgerald boosted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "neutral" rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the stock an "overweight" rating in a report on Monday, October 26th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts presently has an average rating of "Moderate Buy" and a consensus price target of $25.14.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company's properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.

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