Knights of Columbus Asset Advisors LLC Acquires 207,020 Shares of Host Hotels & Resorts, Inc. $HST

Knights of Columbus Asset Advisors LLC grew its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 110.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 393,619 shares of the company’s stock after purchasing an additional 207,020 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Host Hotels & Resorts were worth $6,699,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Nordea Investment Management AB grew its holdings in shares of Host Hotels & Resorts by 48.3% in the 2nd quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock valued at $3,849,000 after buying an additional 81,624 shares during the period. Frank Rimerman Advisors LLC bought a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $707,000. Rakuten Investment Management Inc. acquired a new position in shares of Host Hotels & Resorts during the third quarter worth about $474,000. Stevens Capital Management LP bought a new position in shares of Host Hotels & Resorts during the second quarter worth about $164,000. Finally, Creative Planning raised its position in Host Hotels & Resorts by 125.7% in the 2nd quarter. Creative Planning now owns 114,453 shares of the company’s stock valued at $1,758,000 after buying an additional 63,747 shares during the last quarter. Institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on HST. Morgan Stanley set a $18.00 price target on Host Hotels & Resorts in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the company from $18.00 to $22.00 in a research report on Friday, November 7th. Wells Fargo & Company upgraded shares of Host Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, UBS Group set a $21.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $19.32.

Insider Activity

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 9,086 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $18.47, for a total value of $167,818.42. Following the transaction, the executive vice president directly owned 659,841 shares of the company’s stock, valued at $12,187,263.27. This represents a 1.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Host Hotels & Resorts Stock Performance

NASDAQ HST opened at $18.66 on Friday. The firm has a market capitalization of $12.83 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 2.17 and a beta of 1.18. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. The firm’s fifty day moving average price is $18.15 and its two-hundred day moving average price is $17.20. Host Hotels & Resorts, Inc. has a 1 year low of $12.22 and a 1 year high of $19.30.

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

Host Hotels & Resorts Announces Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 85.0%. Host Hotels & Resorts’s payout ratio is presently 76.19%.

About Host Hotels & Resorts

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.