Vanguard Personalized Indexing Management LLC Purchases 21,452 Shares of Host Hotels & Resorts, Inc. $HST

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Host Hotels & Resorts by 58.5%, acquiring an additional 21,452 shares in the second quarter, bringing its total to 58,129 shares worth $893,000.
• Host Hotels & Resorts recently announced a quarterly dividend of $0.20 per share, resulting in an annualized yield of 4.9%, with a high dividend payout ratio of 85.11%.
• Analysts have a Moderate Buy rating on Host Hotels & Resorts, with price targets ranging from $16.00 to $19.00 following various upgrades from firms including Truist Financial and UBS Group.

Vanguard Personalized Indexing Management LLC increased its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 58.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,129 shares of the company's stock after purchasing an additional 21,452 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Host Hotels & Resorts were worth $893,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in HST. Armstrong Advisory Group Inc. grew its stake in Host Hotels & Resorts by 953.5% in the second quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company's stock worth $26,000 after purchasing an additional 1,516 shares during the period. TD Private Client Wealth LLC grew its stake in 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 worth $32,000 after purchasing an additional 691 shares during the period. AlphaQuest LLC purchased a new stake in Host Hotels & Resorts in the first quarter worth $33,000. Ameritas Advisory Services LLC purchased a new stake in Host Hotels & Resorts in the second quarter worth $33,000. Finally, Brooklyn Investment Group grew its stake in Host Hotels & Resorts by 348.1% in the first quarter. Brooklyn Investment Group now owns 2,375 shares of the company's stock worth $34,000 after purchasing an additional 1,845 shares during the period. 98.52% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

HST has been the topic of several recent research reports. Truist Financial upped their price target 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. UBS Group raised their price objective on Host Hotels & Resorts from $17.00 to $18.00 and gave the company a "neutral" rating in a research report on Monday, September 22nd. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Host Hotels & Resorts in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. began coverage on Host Hotels & Resorts in a research report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $17.88.

Host Hotels & Resorts Stock Up 0.6%

Host Hotels & Resorts stock opened at $16.28 on Monday. The firm has a market cap of $11.19 billion, a price-to-earnings ratio of 17.32 and a beta of 1.36. The stock has a fifty day simple moving average of $16.86 and a two-hundred day simple moving average of $15.78. Host Hotels & Resorts, Inc. has a 12 month low of $12.22 and a 12 month high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76.

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

Host Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were issued a $0.20 dividend. The ex-dividend date of this dividend was 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 (DPR) is presently 85.11%.

Host Hotels & Resorts Profile

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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