Host Hotels & Resorts, Inc. (NASDAQ:HST) Sees Large Decline in Short Interest

Host Hotels & Resorts, Inc. (NASDAQ:HST) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 28,894,294 shares, a decrease of 21.8% from the January 15th total of 36,941,014 shares. Approximately 4.3% of the company’s shares are short sold. Based on an average daily volume of 9,437,532 shares, the days-to-cover ratio is currently 3.1 days. Based on an average daily volume of 9,437,532 shares, the days-to-cover ratio is currently 3.1 days. Approximately 4.3% of the company’s shares are short sold.

Analysts Set New Price Targets

Several brokerages have issued reports on HST. Robert W. Baird set a $20.00 price target on Host Hotels & Resorts in a report on Monday, January 12th. Weiss Ratings reissued a “hold (c+)” rating on shares of Host Hotels & Resorts in a research note on Monday, December 29th. Evercore lowered shares of Host Hotels & Resorts from an “outperform” rating to an “in-line” rating and set a $20.00 price target on the stock. in a research note on Tuesday, November 11th. UBS Group set a $21.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, January 9th. Finally, Morgan Stanley set a $18.00 target price on shares of Host Hotels & Resorts in a research note on Friday, January 16th. One equities 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 company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $19.32.

Insider Buying and Selling

In other news, EVP Nathan S. Tyrrell sold 9,086 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $18.47, for a total transaction of $167,818.42. Following the completion of the transaction, the executive vice president directly owned 659,841 shares in the company, valued at approximately $12,187,263.27. The trade was a 1.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Host Hotels & Resorts

Large investors have recently modified their holdings of the stock. AlphaQuest LLC boosted its holdings in Host Hotels & Resorts by 150.4% in the 3rd quarter. AlphaQuest LLC now owns 185,573 shares of the company’s stock valued at $3,158,000 after purchasing an additional 111,452 shares during the period. Nordea Investment Management AB increased its position in shares of Host Hotels & Resorts by 48.3% in the second quarter. Nordea Investment Management AB now owns 250,568 shares of the company’s stock worth $3,849,000 after purchasing an additional 81,624 shares during the period. Frank Rimerman Advisors LLC acquired a new stake in Host Hotels & Resorts during the second quarter worth about $707,000. Rakuten Investment Management Inc. acquired a new position in shares of Host Hotels & Resorts in the 3rd quarter valued at approximately $474,000. Finally, Stevens Capital Management LP bought a new position in Host Hotels & Resorts in the second quarter valued at approximately $164,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Stock Up 0.6%

Shares of NASDAQ:HST traded up $0.12 during trading on Tuesday, hitting $20.01. 9,166,435 shares of the company were exchanged, compared to its average volume of 8,358,127. The stock has a market cap of $13.76 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 2.34 and a beta of 1.17. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.76. Host Hotels & Resorts has a fifty-two week low of $12.22 and a fifty-two week high of $20.33. The firm has a fifty day moving average price of $18.65 and a two-hundred day moving average price of $17.50.

Host Hotels & Resorts Announces Dividend

The firm also recently disclosed 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 dividend payout ratio is currently 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.