Woodline Partners LP Has $24.56 Million Stock Holdings in Host Hotels & Resorts, Inc. $HST

Key Points

• Woodline Partners LP increased its stake in Host Hotels & Resorts by 33.2% during the first quarter, owning approximately 1.73 million shares valued at $24.56 million as of its latest SEC filing.
• Multiple institutional investors, including Invesco Ltd. and Goldman Sachs Group Inc., have also increased their holdings in Host Hotels & Resorts, reflecting strong institutional interest with over 98% of shares owned by institutional investors.
• Host Hotels & Resorts recently announced a quarterly dividend of $0.20 per share, resulting in an annualized dividend yield of 4.6% and a payout ratio of 85.11%.

Woodline Partners LP boosted its position in Host Hotels & Resorts, Inc. (NASDAQ:HST - Free Report) by 33.2% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,728,195 shares of the company's stock after buying an additional 430,691 shares during the quarter. Woodline Partners LP owned approximately 0.25% of Host Hotels & Resorts worth $24,558,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Invesco Ltd. raised its position in Host Hotels & Resorts by 11.1% in the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company's stock valued at $356,088,000 after buying an additional 2,503,550 shares during the last quarter. Centersquare Investment Management LLC raised its position in Host Hotels & Resorts by 1.7% in the 1st quarter. Centersquare Investment Management LLC now owns 11,235,809 shares of the company's stock valued at $159,661,000 after buying an additional 183,653 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Host Hotels & Resorts by 6.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,326,744 shares of the company's stock worth $128,365,000 after purchasing an additional 433,657 shares during the last quarter. Rush Island Management LP acquired a new position in shares of Host Hotels & Resorts during the 4th quarter worth approximately $99,402,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Host Hotels & Resorts by 24.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company's stock worth $74,027,000 after purchasing an additional 1,019,345 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on HST shares. Morgan Stanley reaffirmed an "outperform" rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. Truist Financial boosted their price target on Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a "hold" rating in a research report on Wednesday, September 3rd. 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 target on the stock. Stifel Nicolaus lifted their target price on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Finally, Evercore ISI lifted their target price on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research note on Monday, July 28th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $17.77.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $17.44 on Wednesday. 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 fifty-two week low of $12.22 and a fifty-two week high of $19.36. The stock has a market capitalization of $11.99 billion, a PE ratio of 18.55 and a beta of 1.36. The business has a fifty day moving average price of $16.35 and a two-hundred day moving average price of $15.43.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last posted its quarterly 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. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The company had revenue of $1.59 billion during the quarter, compared to analysts' expectations of $1.51 billion. During the same quarter in the previous year, the firm earned $0.57 EPS. Host Hotels & Resorts's revenue was up 8.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. As a group, equities analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors 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 4.6%. Host Hotels & Resorts's dividend payout ratio is presently 85.11%.

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.

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