Wealth Enhancement Advisory Services LLC Purchases 39,072 Shares of Host Hotels & Resorts, Inc. $HST

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Host Hotels & Resorts, Inc. (NASDAQ:HSTFree Report) by 49.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,782 shares of the company’s stock after purchasing an additional 39,072 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Host Hotels & Resorts were worth $1,935,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. IFP Advisors Inc boosted its stake in Host Hotels & Resorts by 23.1% in the second quarter. IFP Advisors Inc now owns 4,489 shares of the company’s stock valued at $74,000 after acquiring an additional 841 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in shares of Host Hotels & Resorts by 4.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 22,267 shares of the company’s stock valued at $342,000 after purchasing an additional 918 shares during the period. ProShare Advisors LLC boosted its position in shares of Host Hotels & Resorts by 0.5% in the 2nd quarter. ProShare Advisors LLC now owns 216,857 shares of the company’s stock worth $3,331,000 after purchasing an additional 1,031 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Host Hotels & Resorts by 6.1% during the first quarter. Empowered Funds LLC now owns 18,879 shares of the company’s stock worth $268,000 after purchasing an additional 1,088 shares during the period. Finally, Panagora Asset Management Inc. increased its holdings in Host Hotels & Resorts by 9.9% in the second quarter. Panagora Asset Management Inc. now owns 12,500 shares of the company’s stock valued at $192,000 after purchasing an additional 1,122 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Insiders Place Their Bets

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the company’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $18.15, for a total transaction of $216,965.10. Following the completion of the transaction, the executive vice president owned 668,927 shares of the company’s stock, valued at $12,141,025.05. This represents a 1.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

HST has been the topic of a number of recent analyst reports. Morgan Stanley set a $18.00 target price on Host Hotels & Resorts in a report on Friday, January 16th. UBS Group set a $21.00 price objective on shares of Host Hotels & Resorts in a research note on Friday, January 9th. Truist Financial raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Friday, January 9th. JPMorgan Chase & Co. increased their target price on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.32.

View Our Latest Analysis on HST

Host Hotels & Resorts Stock Down 0.7%

Shares of HST stock opened at $18.53 on Friday. The company has a market capitalization of $12.74 billion, a price-to-earnings ratio of 17.65, a P/E/G ratio of 2.19 and a beta of 1.18. Host Hotels & Resorts, Inc. has a 12-month low of $12.22 and a 12-month high of $19.30. The firm has a fifty day moving average of $18.17 and a 200-day moving average of $17.21. The company has a quick ratio of 2.90, a current ratio of 2.90 and a debt-to-equity ratio of 0.76.

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, topping 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 firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the business earned $0.36 EPS. The company’s revenue for the quarter 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, equities research 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 company also recently announced an annual dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were paid a $0.15 dividend. The ex-dividend date was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s payout ratio is presently 76.19%.

Host Hotels & Resorts Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Host Hotels & Resorts (NASDAQ:HST)

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