Mirae Asset Global Investments Co. Ltd. Purchases 32,142 Shares of Host Hotels & Resorts, Inc. $HST

Mirae Asset Global Investments Co. Ltd. grew its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 31.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 134,596 shares of the company’s stock after buying an additional 32,142 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Host Hotels & Resorts were worth $2,386,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Verdence Capital Advisors LLC grew its stake in Host Hotels & Resorts by 3.0% during the third quarter. Verdence Capital Advisors LLC now owns 25,731 shares of the company’s stock worth $428,000 after buying an additional 738 shares during the last quarter. Huntington National Bank grew its stake in shares of Host Hotels & Resorts by 17.8% during the third quarter. Huntington National Bank now owns 4,951 shares of the company’s stock valued at $84,000 after purchasing an additional 749 shares during the last quarter. Clearstead Advisors LLC grew its stake in shares of Host Hotels & Resorts by 79.6% during the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after purchasing an additional 786 shares during the last quarter. Abundance Wealth Counselors grew its stake in shares of Host Hotels & Resorts by 0.6% during the fourth quarter. Abundance Wealth Counselors now owns 135,312 shares of the company’s stock valued at $2,399,000 after purchasing an additional 790 shares during the last quarter. Finally, Alps Advisors Inc. grew its stake in shares of Host Hotels & Resorts by 5.4% during the third quarter. Alps Advisors Inc. now owns 17,683 shares of the company’s stock valued at $301,000 after purchasing an additional 913 shares during the last quarter. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Trading Down 1.3%

HST opened at $20.85 on Thursday. The firm’s fifty day moving average is $19.66 and its two-hundred day moving average is $18.41. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.59 and a current ratio of 2.59. The firm has a market cap of $14.33 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 2.44 and a beta of 1.11. Host Hotels & Resorts, Inc. has a twelve month low of $13.65 and a twelve month high of $21.55.

Host Hotels & Resorts (NASDAQ:HST) last posted its earnings results on Wednesday, February 18th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.27). The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.49 billion. Host Hotels & Resorts had a return on equity of 11.54% and a net margin of 12.51%.The company’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same quarter last year, the business posted $0.44 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. Equities research analysts anticipate that Host Hotels & Resorts, Inc. will post 2.09 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were issued a $0.20 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.80 annualized dividend and a yield of 3.8%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 72.73%.

Wall Street Analyst Weigh In

HST has been the topic of several research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday. UBS Group increased their price target on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the company a “neutral” rating in a research note on Friday, April 10th. Barclays increased their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Tuesday, April 7th. Citigroup increased their price objective on shares of Host Hotels & Resorts from $19.00 to $22.00 and gave the company a “buy” rating in a report on Tuesday, February 24th. Finally, Robert W. Baird set a $20.00 price objective on shares of Host Hotels & Resorts in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $21.38.

Host Hotels & Resorts Profile

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.