Host Hotels & Resorts, Inc. $HST Shares Purchased by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its holdings in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 31.6% during the third quarter, HoldingsChannel.com reports. The fund owned 191,413 shares of the company’s stock after acquiring an additional 46,004 shares during the period. Teacher Retirement System of Texas’ holdings in Host Hotels & Resorts were worth $3,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Norges Bank bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $554,669,000. Geode Capital Management LLC increased its position in Host Hotels & Resorts by 2.6% in the second quarter. Geode Capital Management LLC now owns 25,055,737 shares of the company’s stock worth $398,425,000 after buying an additional 636,983 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Host Hotels & Resorts by 3.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 10,734,333 shares of the company’s stock valued at $164,879,000 after buying an additional 341,915 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Host Hotels & Resorts by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 5,668,976 shares of the company’s stock valued at $87,075,000 after acquiring an additional 154,893 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of Host Hotels & Resorts by 199.0% during the second quarter. Arrowstreet Capital Limited Partnership now owns 5,294,296 shares of the company’s stock valued at $81,320,000 after acquiring an additional 3,523,534 shares during the period. 98.52% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HST. Evercore ISI downgraded shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price objective on the stock. in a research report on Tuesday, November 11th. Truist Financial upgraded Host Hotels & Resorts from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research report on Friday, January 9th. Morgan Stanley set a $18.00 target price on Host Hotels & Resorts in a research report on Friday, January 16th. Robert W. Baird set a $20.00 target price on Host Hotels & Resorts in a research note on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. 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. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.32.

Insider Buying and Selling at Host Hotels & Resorts

In other news, EVP Nathan S. Tyrrell sold 11,954 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $18.15, for a total transaction of $216,965.10. Following the sale, the executive vice president owned 668,927 shares in the company, valued at $12,141,025.05. The trade was a 1.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is currently owned by company insiders.

Host Hotels & Resorts Trading Down 0.8%

Shares of HST stock opened at $18.44 on Thursday. The stock has a 50-day simple moving average of $18.11 and a 200 day simple moving average of $17.19. The stock has a market capitalization of $12.68 billion, a P/E ratio of 17.56, a P/E/G ratio of 2.18 and a beta of 1.18. Host Hotels & Resorts, Inc. has a fifty-two week low of $12.22 and a fifty-two week high of $19.30. 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:HST) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share 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 during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company earned $0.36 EPS. Host Hotels & Resorts’s revenue was up .9% on a year-over-year basis. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, sell-side analysts expect that Host Hotels & Resorts, Inc. will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

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

Host Hotels & Resorts Company 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.