Host Hotels & Resorts, Inc. $HST Shares Purchased by Kestra Advisory Services LLC

Key Points

• Kestra Advisory Services LLC increased its holdings in Host Hotels & Resorts by 13.4%, acquiring an additional 17,536 shares, bringing its total ownership to 148,390 shares valued at $2.1 million.
• Host Hotels & Resorts reported earnings per share of $0.58 for the last quarter, surpassing analyst expectations and showing an 8.2% year-over-year revenue increase.
• The company declared a quarterly dividend of $0.20 per share, translating to a yield of 4.6%, with a payout ratio of 85.11%.

Kestra Advisory Services LLC grew its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 13.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 148,390 shares of the company's stock after buying an additional 17,536 shares during the period. Kestra Advisory Services LLC's holdings in Host Hotels & Resorts were worth $2,109,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of HST. NBC Securities Inc. boosted its holdings 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 valued at $26,000 after buying an additional 1,852 shares in the last quarter. Versant Capital Management Inc boosted 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 buying an additional 2,047 shares in the last quarter. Brooklyn Investment Group boosted its holdings in shares of Host Hotels & Resorts by 348.1% in the 1st quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock valued at $34,000 after buying an additional 1,845 shares in the last quarter. National Pension Service boosted its holdings in shares of Host Hotels & Resorts by 74.8% in the 1st quarter. National Pension Service now owns 2,596 shares of the company's stock valued at $37,000 after buying an additional 1,111 shares in the last quarter. Finally, IFP Advisors Inc boosted its holdings in shares of Host Hotels & Resorts by 28.4% in the 1st quarter. IFP Advisors Inc now owns 3,648 shares of the company's stock valued at $52,000 after buying an additional 807 shares in the last quarter. 98.52% of the stock is currently owned by institutional investors.

Host Hotels & Resorts Stock Performance

HST traded up $0.13 during trading on Wednesday, reaching $17.20. 3,362,444 shares of the company's stock were exchanged, compared to its average volume of 9,743,674. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.36. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.20 and a quick ratio of 2.20. The stock has a market capitalization of $11.82 billion, a P/E ratio of 18.29 and a beta of 1.36. The company's fifty day simple moving average is $16.17 and its 200-day simple moving average is $15.41.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted 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 business's quarterly revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.57 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, research analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's payout ratio is 85.11%.

Wall Street Analyst Weigh In

HST has been the topic of a number of recent analyst reports. Truist Financial raised their price target on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a report on Wednesday. JPMorgan Chase & Co. assumed coverage on shares of Host Hotels & Resorts in a research report on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price objective for the company. Evercore ISI increased their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a research report on Monday, July 28th. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Finally, Stifel Nicolaus increased their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research report on Thursday, July 31st. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average 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.