Van Lanschot Kempen Investment Management N.V. Has $7.28 Million Stock Position in Host Hotels & Resorts, Inc. $HST

Key Points

• Van Lanschot Kempen Investment Management N.V. increased its stake in Host Hotels & Resorts by 7.8%, acquiring an additional 37,241 shares to total 512,497 shares valued at approximately $7.3 million.
• Host Hotels & Resorts saw a rise in its stock price targets from several analysts, with Stifel Nicolaus raising theirs to $18.50 and Evercore ISI to $20.00, indicating a generally positive outlook for the stock.
• The company recently paid a quarterly dividend of $0.20 per share, which reflects an annualized dividend yield of 5.0% and a payout ratio of 85.11%.

Van Lanschot Kempen Investment Management N.V. grew its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 7.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 512,497 shares of the company's stock after buying an additional 37,241 shares during the quarter. Van Lanschot Kempen Investment Management N.V. owned 0.07% of Host Hotels & Resorts worth $7,283,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. NBC Securities Inc. grew its stake in Host Hotels & Resorts by 185,200.0% during the first quarter. NBC Securities Inc. now owns 1,853 shares of the company's stock worth $26,000 after buying an additional 1,852 shares during the period. Versant Capital Management Inc boosted its stake in shares of Host Hotels & Resorts by 696.3% in the first 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. Brooklyn Investment Group boosted its stake in shares of Host Hotels & Resorts by 348.1% in the first quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock valued at $34,000 after purchasing an additional 1,845 shares during the period. National Pension Service boosted its stake in shares of Host Hotels & Resorts by 74.8% in the first 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. Finally, IFP Advisors Inc boosted its stake in shares of Host Hotels & Resorts by 28.4% in the first 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. 98.52% of the stock is currently owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

Shares of HST stock traded up $0.76 during trading hours on Friday, reaching $16.91. The stock had a trading volume of 9,060,799 shares, compared to its average volume of 11,222,170. The firm has a 50-day simple moving average of $15.97 and a 200-day simple moving average of $15.38. The firm has a market capitalization of $11.63 billion, a PE ratio of 17.99 and a beta of 1.34. 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, Inc. has a twelve month low of $12.22 and a twelve month high of $19.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.51 by $0.07. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.90%. Host Hotels & Resorts's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.57 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, equities analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Announces Dividend

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Evercore ISI upped 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 note on Monday, July 28th. Stifel Nicolaus upped their target price on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a research note on Thursday, July 31st. JPMorgan Chase & Co. assumed coverage on shares of Host Hotels & Resorts in a research note on Monday, June 23rd. They issued a "neutral" rating and a $16.00 target price for the company. Wells Fargo & Company upped 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 note on Tuesday, July 1st. Finally, Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus 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.