Investors Research Corp Has $994,000 Position in Host Hotels & Resorts, Inc. $HST

Key Points

• Investors Research Corp significantly increased its stake in Host Hotels & Resorts, growing by 27,671.7% in the second quarter, now holding 64,708 shares valued at approximately $994,000.
• Host Hotels & Resorts recently declared a quarterly dividend of $0.20 per share, which will provide a 4.5% dividend yield based on its high payout ratio of 85.11%.
• Equities analysts have predominantly rated Host Hotels & Resorts as a "Moderate Buy," with a consensus target price of $17.77, reflecting expectations for continued growth.

Investors Research Corp grew its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 27,671.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,708 shares of the company's stock after buying an additional 64,475 shares during the period. Investors Research Corp's holdings in Host Hotels & Resorts were worth $994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in HST. Tokio Marine Asset Management Co. Ltd. boosted its holdings in Host Hotels & Resorts by 2.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,842 shares of the company's stock valued at $353,000 after acquiring an additional 638 shares during the last quarter. Ascent Group LLC lifted its position in shares of Host Hotels & Resorts by 4.4% in the 4th quarter. Ascent Group LLC now owns 16,549 shares of the company's stock worth $290,000 after purchasing an additional 703 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of Host Hotels & Resorts by 5.2% in the 1st quarter. Resonant Capital Advisors LLC now owns 15,255 shares of the company's stock worth $220,000 after purchasing an additional 760 shares during the period. Advisors Asset Management Inc. boosted its stake in shares of Host Hotels & Resorts by 3.7% in the 1st quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company's stock valued at $303,000 after purchasing an additional 765 shares during the last quarter. Finally, Impact Investors Inc increased its position in shares of Host Hotels & Resorts by 1.3% during the first quarter. Impact Investors Inc now owns 59,112 shares of the company's stock worth $840,000 after buying an additional 773 shares during the period. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $17.60 on Friday. The company has a market capitalization of $12.10 billion, a PE ratio of 18.72 and a beta of 1.36. 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's 50 day moving average price is $16.43 and its 200-day moving average price is $15.46. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.07. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.51 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The business's revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. On average, equities analysts anticipate that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on HST shares. Evercore ISI boosted their target price on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, July 28th. Truist Financial boosted their price objective on Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a research note on Wednesday, September 3rd. JPMorgan Chase & Co. assumed coverage on Host Hotels & Resorts in a research note on Monday, June 23rd. They set a "neutral" rating and a $16.00 target price for the company. Stifel Nicolaus lifted their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a report on Thursday, July 31st. Finally, Morgan Stanley restated an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Six analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $17.77.

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.

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