Squarepoint Ops LLC Sells 241,820 Shares of Host Hotels & Resorts, Inc. $HST

Key Points

• Squarepoint Ops LLC reduced its Host Hotels & Resorts stake by 55.8% in the second quarter, selling 241,820 shares and retaining 191,649 shares valued at approximately $4.54 million.
• Analysts remain broadly positive on HST, with a consensus rating of “Moderate Buy” and an average price target of $24.52; estimates range from $24 to $28 among recent coverage.
• Host Hotels & Resorts beat quarterly expectations, reporting $0.63 in EPS and $1.64 billion in revenue, while shares recently opened at $22.24 against a 12-month range of $15.61 to $25.71.

Squarepoint Ops LLC cut its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 55.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 191,649 shares of the company's stock after selling 241,820 shares during the quarter. Squarepoint Ops LLC's holdings in Host Hotels & Resorts were worth $4,544,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. grew its stake in shares of Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company's stock worth $31,000 after acquiring an additional 641 shares during the last quarter. Zions Bancorporation National Association UT increased its holdings in Host Hotels & Resorts by 89.1% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company's stock valued at $29,000 after buying an additional 781 shares during the period. Cedar Mountain Advisors LLC bought a new stake in Host Hotels & Resorts in the first quarter valued at about $35,000. CYBER HORNET ETFs LLC acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $29,000. Finally, MUFG Securities EMEA plc acquired a new position in Host Hotels & Resorts during the second quarter worth $32,000. Institutional investors and hedge funds own 98.52% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on HST. Stifel Nicolaus set a $26.25 target price on shares of Host Hotels & Resorts in a research note on Thursday, June 4th. LADENBURG THALM/SH SH lifted their price target on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a "buy" rating in a research report on Wednesday, June 10th. BMO Capital Markets reissued an "outperform" rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research note on Friday, June 12th. 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. Finally, Cantor Fitzgerald upped their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a "neutral" rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Host Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $24.52.

Host Hotels & Resorts Stock Performance

Shares of HST stock opened at $22.24 on Friday. The firm has a market cap of $15.24 billion, a PE ratio of 14.83, a P/E/G ratio of 2.50 and a beta of 1.07. The company's fifty day simple moving average is $23.30 and its 200-day simple moving average is $22.13. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 12 month low of $15.61 and a 12 month high of $25.71.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.01. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.Host Hotels & Resorts's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities research analysts expect that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

Insider Activity at Host Hotels & Resorts

In other news, EVP Nathan Tyrrell sold 63,882 shares of the business's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the transaction, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. The trade was a 9.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.50% of the stock is currently owned by company insiders.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates lodging real estate. The company focuses on hotels in the luxury and upper-upscale segments, with properties generally located in high-demand urban, resort and convention markets.

Host Hotels & Resorts' portfolio includes hotels operated under well-known hospitality brands, including Marriott, Hyatt and Hilton, among others. The company typically owns the real estate while hotel operations are conducted by third-party or affiliated management companies.

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