Tidal Investments LLC Grows Stock Holdings in Host Hotels & Resorts, Inc. $HST

Key Points

• Tidal Investments increased its Host Hotels & Resorts stake by 186.7% in the second quarter, reaching 93,491 shares valued at approximately $2.2 million. Institutional investors collectively own 98.52% of the company.
• Analysts maintain a generally positive outlook, with Host Hotels carrying a “Moderate Buy” consensus rating and an average price target of $24.52, compared with its reported opening price of $21.76.
• Host Hotels exceeded quarterly earnings and revenue expectations, while declaring a quarterly dividend of $0.20, equivalent to an annualized $0.80 payout and a 3.7% yield.

Tidal Investments LLC lifted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 186.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 93,491 shares of the company's stock after acquiring an additional 60,880 shares during the period. Tidal Investments LLC's holdings in Host Hotels & Resorts were worth $2,217,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Host Hotels & Resorts during the 2nd quarter valued at $2,096,191,000. Norges Bank acquired a new stake in Host Hotels & Resorts in the 4th quarter valued at $628,014,000. Deutsche Bank AG acquired a new stake in Host Hotels & Resorts in the 2nd quarter valued at $296,560,000. Bank of America Corp DE purchased a new position in Host Hotels & Resorts in the second quarter valued at about $295,807,000. Finally, SG Americas Securities LLC raised its position in Host Hotels & Resorts by 251.9% in the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company's stock valued at $263,555,000 after purchasing an additional 9,846,104 shares during the period. Hedge funds and other institutional investors own 98.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on HST. Argus set a $27.00 target price on Host Hotels & Resorts in a research report on Wednesday, June 17th. Raymond James Financial reiterated an "outperform" rating and set a $27.00 target price on shares of Host Hotels & Resorts in a report on Monday, June 8th. JPMorgan Chase & Co. boosted their price target on Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 21st. Truist Financial upped their price target on Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a "buy" rating in a report on Thursday, September 10th. Finally, Stifel Nicolaus set a $26.25 price target on Host Hotels & Resorts in a report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $24.52.

Host Hotels & Resorts Stock Performance

Host Hotels & Resorts stock opened at $21.76 on Thursday. Host Hotels & Resorts, Inc. has a 12-month low of $15.61 and a 12-month high of $25.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The company has a market capitalization of $14.91 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 2.50 and a beta of 1.07. The firm's fifty day moving average price is $23.24 and its 200 day moving average price is $22.19.

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

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $0.20 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.7%. Host Hotels & Resorts's payout ratio is 53.33%.

Insider Buying and Selling

In related news, EVP Nathan Tyrrell sold 63,882 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total value of $1,477,590.66. Following the completion of the transaction, the executive vice president owned 618,207 shares of the company's stock, valued at approximately $14,299,127.91. This represents a 9.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.50% of the company's stock.

Host Hotels & Resorts Company Profile

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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