Signaturefd LLC Acquires 11,118 Shares of Host Hotels & Resorts, Inc. $HST

Signaturefd LLC increased its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 646.4% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 12,838 shares of the company’s stock after buying an additional 11,118 shares during the quarter. Signaturefd LLC’s holdings in Host Hotels & Resorts were worth $197,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of HST. Nuveen LLC bought a new stake in Host Hotels & Resorts in the 1st quarter worth about $69,989,000. Millennium Management LLC increased its holdings in Host Hotels & Resorts by 1,607.3% in the 1st quarter. Millennium Management LLC now owns 3,083,054 shares of the company’s stock worth $43,810,000 after buying an additional 2,902,471 shares in the last quarter. Brandywine Global Investment Management LLC bought a new stake in Host Hotels & Resorts in the 1st quarter worth about $38,611,000. Invesco Ltd. increased its holdings in Host Hotels & Resorts by 11.1% in the 1st quarter. Invesco Ltd. now owns 25,058,995 shares of the company’s stock worth $356,088,000 after buying an additional 2,503,550 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in Host Hotels & Resorts by 172.0% in the first quarter. BNP Paribas Financial Markets now owns 2,600,965 shares of the company’s stock worth $36,960,000 after purchasing an additional 1,644,843 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on HST shares. JPMorgan Chase & Co. started coverage on Host Hotels & Resorts in a research report on Monday, June 23rd. They issued a “neutral” rating and a $16.00 target price on the stock. Truist Financial raised their target price on Host Hotels & Resorts from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Wednesday, September 3rd. Morgan Stanley reissued an “outperform” rating on shares of Host Hotels & Resorts in a research report on Tuesday, July 15th. UBS Group raised their target price on Host Hotels & Resorts from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Monday, September 22nd. Finally, Evercore ISI raised their target price on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, July 28th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $17.88.

Host Hotels & Resorts Stock Up 0.4%

HST stock opened at $17.11 on Friday. Host Hotels & Resorts, Inc. has a twelve month low of $12.22 and a twelve month high of $19.36. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock has a market cap of $11.76 billion, a P/E ratio of 18.20 and a beta of 1.36. The business’s 50-day moving average price is $16.74 and its 200-day moving average price is $15.63.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, July 30th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.07. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.51 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The firm’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the company earned $0.57 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. On average, equities research analysts forecast that Host Hotels & Resorts, Inc. will post 1.88 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend is Tuesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is 85.11%.

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.