Robeco Institutional Asset Management B.V. Decreases Stock Position in Host Hotels & Resorts, Inc. $HST

Robeco Institutional Asset Management B.V. decreased its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 89.6% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,737 shares of the company's stock after selling 393,813 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Host Hotels & Resorts were worth $703,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of 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 buying an additional 638 shares in the last quarter. TD Private Client Wealth LLC grew its stake in shares of Host Hotels & Resorts by 50.0% in the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company's stock valued at $32,000 after buying an additional 691 shares in the last quarter. Resonant Capital Advisors LLC grew its stake in Host Hotels & Resorts by 5.2% during 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 in the last quarter. Advisors Asset Management Inc. grew its stake in Host Hotels & Resorts by 3.7% during the 1st quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company's stock worth $303,000 after purchasing an additional 765 shares in the last quarter. Finally, Impact Investors Inc grew its stake in Host Hotels & Resorts by 1.3% during the 1st quarter. Impact Investors Inc now owns 59,112 shares of the company's stock worth $840,000 after purchasing an additional 773 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company's stock.

Host Hotels & Resorts Price Performance

NASDAQ HST opened at $16.25 on Thursday. The stock has a market capitalization of $11.17 billion, a P/E ratio of 17.29 and a beta of 1.36. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.36. The business's fifty day moving average is $16.75 and its two-hundred day moving average is $15.67. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20.

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

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.9%. Host Hotels & Resorts's dividend payout ratio is currently 85.11%.

Wall Street Analysts Forecast Growth

HST has been the subject of several analyst reports. Truist Financial boosted their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a "hold" rating in a research note on Wednesday, September 3rd. Weiss Ratings reissued a "hold (c)" rating on shares of Host Hotels & Resorts in a research note on Wednesday. Stifel Nicolaus boosted their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Evercore ISI boosted their target price on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Finally, Cantor Fitzgerald started coverage on Host Hotels & Resorts in a research note on Wednesday, October 1st. They set a "neutral" rating and a $19.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.88.

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.

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