Cibc World Market Inc. Buys Shares of 172,806 Host Hotels & Resorts, Inc. $HST

Cibc World Market Inc. purchased a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 172,806 shares of the company’s stock, valued at approximately $4,097,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Host Hotels & Resorts by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 108,128,327 shares of the company’s stock valued at $1,917,115,000 after acquiring an additional 383,490 shares during the period. BlackRock Inc. bought a new position in Host Hotels & Resorts in the 2nd quarter worth $2,096,191,000. Norges Bank bought a new position in Host Hotels & Resorts in the 4th quarter worth $628,014,000. Invesco Ltd. lifted its position in Host Hotels & Resorts by 9.7% during the third quarter. Invesco Ltd. now owns 25,021,481 shares of the company’s stock valued at $425,866,000 after purchasing an additional 2,217,322 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in Host Hotels & Resorts by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock valued at $402,056,000 after purchasing an additional 493,177 shares in the last quarter. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Wall Street Analyst Weigh In

HST has been the subject of a number of analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $27.00 price target on shares of Host Hotels & Resorts in a research report on Friday, June 12th. Weiss Ratings raised Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, August 14th. Argus set a $27.00 price objective on Host Hotels & Resorts in a research note on Wednesday, June 17th. Citigroup increased their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. upped their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.

Insider Activity at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 63,882 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the transaction, the executive vice president owned 618,207 shares in the company, valued at $14,299,127.91. This trade represents a 9.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is owned by company insiders.

Host Hotels & Resorts Trading Down 2.5%

Host Hotels & Resorts stock opened at $22.43 on Thursday. Host Hotels & Resorts, Inc. has a 1 year low of $15.61 and a 1 year high of $25.71. The firm’s 50 day moving average price is $23.87 and its 200-day moving average price is $21.96. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The stock has a market cap of $15.37 billion, a P/E ratio of 14.95, a PEG ratio of 2.55 and a beta of 1.10.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. Host Hotels & Resorts’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, equities analysts predict that Host Hotels & Resorts, Inc. will post 2.18 earnings per share for the current fiscal year.

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.