Nathan Tyrrell Sells 11,954 Shares of Host Hotels & Resorts (NASDAQ:HST) Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 11,954 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $18.15, for a total value of $216,965.10. Following the completion of the sale, the executive vice president owned 668,927 shares in the company, valued at $12,141,025.05. This represents a 1.76% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Host Hotels & Resorts Stock Performance

HST traded up $0.28 on Monday, reaching $18.64. The company had a trading volume of 8,650,146 shares, compared to its average volume of 9,307,859. The company’s fifty day moving average is $17.01 and its 200 day moving average is $16.60. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The stock has a market cap of $12.82 billion, a P/E ratio of 17.75 and a beta of 1.18. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.03.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.30 billion. Host Hotels & Resorts had a net margin of 12.43% and a return on equity of 11.11%. Host Hotels & Resorts’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the firm earned $0.36 earnings per share. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. As a group, analysts predict that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently declared an annual dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be paid a dividend of $0.15 per share. This represents a dividend yield of 82.0%. The ex-dividend date of this dividend is Wednesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 76.19%.

Analyst Ratings Changes

Several brokerages recently weighed in on HST. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 8th. Truist Financial raised their price target on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the stock a “hold” rating in a report on Thursday, December 4th. JPMorgan Chase & Co. boosted their price target on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a research note on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 price objective for the company. Finally, Evercore ISI downgraded Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 target price on the stock. in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $18.54.

Hedge Funds Weigh In On Host Hotels & Resorts

Institutional investors have recently modified their holdings of the company. Allworth Financial LP lifted its position in Host Hotels & Resorts by 91.3% in the 3rd quarter. Allworth Financial LP now owns 8,139 shares of the company’s stock worth $139,000 after buying an additional 3,884 shares during the last quarter. Groupama Asset Managment bought a new position in Host Hotels & Resorts in the 3rd quarter worth $1,344,000. Investment Research Partners LLC purchased a new stake in shares of Host Hotels & Resorts in the 3rd quarter worth about $682,000. CIBC Private Wealth Group LLC boosted its stake in shares of Host Hotels & Resorts by 273.5% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 7,317 shares of the company’s stock valued at $125,000 after purchasing an additional 5,358 shares in the last quarter. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of Host Hotels & Resorts during the 3rd quarter worth approximately $3,972,000. 98.52% of the stock is currently owned by institutional investors.

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.