UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 5,290,493 Shares of Host Hotels & Resorts, Inc. $HST

Key Points

• UBS Asset Management significantly increased its Host Hotels & Resorts stake by 5.29 million shares, bringing its holdings to 5.32 million shares valued at approximately $126.2 million, or 0.78% of the company.
• Host Hotels & Resorts reported quarterly EPS of $0.63, slightly exceeding estimates, while revenue rose 3.4% year over year to $1.64 billion. Institutional investors collectively own 98.52% of the stock.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $24.33, compared with the reported opening price of $21.64.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 16,183.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 5,323,184 shares of the company's stock after acquiring an additional 5,290,493 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.78% of Host Hotels & Resorts worth $126,213,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the stock. Empowered Funds LLC grew its stake in shares of Host Hotels & Resorts by 2.7% during the fourth quarter. Empowered Funds LLC now owns 20,218 shares of the company's stock worth $358,000 after purchasing an additional 537 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in Host Hotels & Resorts by 1.8% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 33,581 shares of the company's stock valued at $595,000 after buying an additional 607 shares during the period. Huntington National Bank lifted its stake in Host Hotels & Resorts by 12.3% in the fourth quarter. Huntington National Bank now owns 5,560 shares of the company's stock valued at $99,000 after buying an additional 609 shares during the period. SJS Investment Consulting Inc. boosted its holdings in Host Hotels & Resorts by 64.7% during the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company's stock worth $31,000 after buying an additional 641 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in Host Hotels & Resorts by 2.2% during the fourth quarter. Wealthfront Advisers LLC now owns 29,829 shares of the company's stock worth $529,000 after buying an additional 654 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 63,882 shares of Host Hotels & Resorts stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the transaction, the executive vice president owned 618,207 shares of the company's stock, valued at approximately $14,299,127.91. The trade was a 9.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 1.50% of the company's stock.

Host Hotels & Resorts Stock Down 1.3%

Shares of Host Hotels & Resorts stock opened at $21.64 on Wednesday. Host Hotels & Resorts, Inc. has a 1 year low of $15.61 and a 1 year high of $25.71. The business has a 50-day moving average of $23.64 and a two-hundred day moving average of $22.03. The company has a market capitalization of $14.83 billion, a P/E ratio of 14.43, a price-to-earnings-growth ratio of 2.43 and a beta of 1.08. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on HST shares. LADENBURG THALM/SH SH upped their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a "buy" rating in a research note on Wednesday, June 10th. Truist Financial lifted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Cantor Fitzgerald boosted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a "neutral" rating in a report on Tuesday, August 11th. 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, Raymond James Financial reaffirmed an "outperform" rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research note on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $24.33.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company's portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company's holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.

Want to see what other hedge funds are holding HST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.