Y Intercept Hong Kong Ltd Sells 58,207 Shares of Host Hotels & Resorts, Inc. $HST

Y Intercept Hong Kong Ltd lowered its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 83.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,536 shares of the company’s stock after selling 58,207 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Host Hotels & Resorts were worth $196,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HST. CYBER HORNET ETFs LLC acquired a new stake in Host Hotels & Resorts in the 2nd quarter worth about $29,000. MUFG Securities EMEA plc acquired a new position in shares of Host Hotels & Resorts during the 2nd quarter worth approximately $32,000. Mather Group LLC. bought a new position in shares of Host Hotels & Resorts during the third quarter worth approximately $35,000. Ameritas Advisory Services LLC bought a new position in shares of Host Hotels & Resorts during the second quarter worth approximately $33,000. Finally, Sentry Investment Management LLC acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at approximately $37,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

HST has been the topic of a number of analyst reports. Barclays initiated coverage on Host Hotels & Resorts in a research report on Tuesday, January 6th. They set an “equal weight” rating and a $19.00 price target on the stock. Compass Point upgraded Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their target price for the company from $18.00 to $22.00 in a research report on Friday, November 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a report on Monday, December 29th. Robert W. Baird set a $20.00 price target on Host Hotels & Resorts in a research report on Monday, January 12th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, Host Hotels & Resorts has a consensus rating of “Moderate Buy” and an average price target of $19.32.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $19.00 on Friday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. Host Hotels & Resorts, Inc. has a 52 week low of $12.22 and a 52 week high of $19.40. The stock has a market capitalization of $13.07 billion, a P/E ratio of 18.10, a price-to-earnings-growth ratio of 2.27 and a beta of 1.17. The stock has a fifty day moving average of $18.28 and a 200-day moving average of $17.29.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, November 5th. The company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.30 billion. Host Hotels & Resorts had a return on equity of 11.11% and a net margin of 12.43%.The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 earnings per share. 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 business also recently disclosed an annual dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a yield of 85.0%. Host Hotels & Resorts’s dividend payout ratio is presently 76.19%.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 11,954 shares of the firm’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 value of $216,965.10. Following the sale, the executive vice president owned 668,927 shares in the company, valued at $12,141,025.05. This trade represents a 1.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.40% of the stock is currently owned by insiders.

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.