Northwest & Ethical Investments L.P. Has $599,000 Stock Position in Host Hotels & Resorts, Inc. $HST

Key Points

• Northwest & Ethical Investments L.P. increased its stake in Host Hotels & Resorts by 246.1%, acquiring an additional 30,020 shares, bringing total holdings to 42,220 shares valued at $599,000.
• Host Hotels & Resorts reported a quarterly revenue of $1.59 billion, exceeding analysts' expectations, with a net income margin of 11.12% and earnings per share of $0.58, beating estimates by $0.07.
• The firm declared a quarterly dividend of $0.20 per share, equating to an annualized yield of 5.0%, with a payout ratio of 85.11%.

Northwest & Ethical Investments L.P. increased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 246.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 42,220 shares of the company's stock after buying an additional 30,020 shares during the period. Northwest & Ethical Investments L.P.'s holdings in Host Hotels & Resorts were worth $599,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. NBC Securities Inc. boosted its holdings in 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 purchasing an additional 1,852 shares during the period. Versant Capital Management Inc boosted its holdings in 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 during the period. National Pension Service boosted its holdings in 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 purchasing an additional 1,111 shares during the period. IFP Advisors Inc boosted its holdings in 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 purchasing an additional 807 shares during the period. Finally, Farther Finance Advisors LLC boosted its holdings in Host Hotels & Resorts by 80.1% in the 1st quarter. Farther Finance Advisors LLC now owns 4,287 shares of the company's stock valued at $62,000 after purchasing an additional 1,906 shares during the period. Institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

HST stock traded down $0.01 during trading on Monday, reaching $16.90. 8,488,256 shares of the company were exchanged, compared to its average volume of 11,154,060. The company has a 50-day moving average of $15.99 and a two-hundred day moving average of $15.37. The company has a market capitalization of $11.62 billion, a price-to-earnings ratio of 17.98 and a beta of 1.34. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month 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.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.51 by $0.07. The business had revenue of $1.59 billion during the quarter, compared to analysts' expectations 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 quarterly revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.57 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date was Monday, June 30th. Host Hotels & Resorts's dividend payout ratio is currently 85.11%.

Analyst Ratings Changes

HST has been the subject of a number of recent research reports. Morgan Stanley reissued an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. JPMorgan Chase & Co. initiated coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They issued a "neutral" rating and a $16.00 price objective for the company. Stifel Nicolaus boosted their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a report on Thursday, July 31st. 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 research report on Monday, July 28th. Finally, Wells Fargo & Company boosted their target price on shares of Host Hotels & Resorts from $16.00 to $18.00 and gave the company an "overweight" rating in a research report on Tuesday, July 1st. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Host Hotels & Resorts has an average rating of "Moderate Buy" and a consensus target price of $17.50.

About Host Hotels & Resorts

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.