Cohen & Steers Inc. Sells 15,124,997 Shares of Host Hotels & Resorts, Inc. $HST

Cohen & Steers Inc. lowered its stake in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 17.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 70,675,312 shares of the company’s stock after selling 15,124,997 shares during the period. Host Hotels & Resorts accounts for about 2.3% of Cohen & Steers Inc.’s holdings, making the stock its 11th biggest holding. Cohen & Steers Inc. owned 0.10% of Host Hotels & Resorts worth $1,253,318,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of HST. Caprock Group LLC bought a new stake in shares of Host Hotels & Resorts in the third quarter worth $1,234,000. Russell Investments Group Ltd. lifted its position in shares of Host Hotels & Resorts by 68.6% in the third quarter. Russell Investments Group Ltd. now owns 7,370,907 shares of the company’s stock worth $125,454,000 after purchasing an additional 2,999,082 shares in the last quarter. Arbejdsmarkedets Tillaegspension bought a new stake in shares of Host Hotels & Resorts in the fourth quarter worth $23,632,000. Waterloo Capital L.P. lifted its position in shares of Host Hotels & Resorts by 543.6% in the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after purchasing an additional 140,932 shares in the last quarter. Finally, Xponance Inc. lifted its position in shares of Host Hotels & Resorts by 24.5% in the third quarter. Xponance Inc. now owns 377,095 shares of the company’s stock worth $6,418,000 after purchasing an additional 74,211 shares in the last quarter. Institutional investors own 98.52% of the company’s stock.

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 58,579 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $22.00, for a total value of $1,288,738.00. Following the transaction, the executive vice president directly owned 697,658 shares in the company, valued at $15,348,476. The trade was a 7.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently commented on HST shares. JPMorgan Chase & Co. boosted their price objective on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Cantor Fitzgerald boosted their price objective on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 13th. Wells Fargo & Company boosted their price objective on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Raymond James Financial reissued an “outperform” rating and issued a $27.00 price objective on shares of Host Hotels & Resorts in a research report on Monday. Finally, Barclays boosted their price objective on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Host Hotels & Resorts has an average rating of “Moderate Buy” and a consensus price target of $23.75.

Host Hotels & Resorts Price Performance

NASDAQ:HST opened at $24.89 on Friday. Host Hotels & Resorts, Inc. has a one year low of $15.07 and a one year high of $24.90. The company has a market cap of $17.05 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.76 and a beta of 1.10. The firm’s fifty day moving average price is $21.84 and its two-hundred day moving average price is $19.83. The company has a debt-to-equity ratio of 0.74, a current ratio of 7.91 and a quick ratio of 7.91.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.36 by $0.31. Host Hotels & Resorts had a net margin of 16.40% and a return on equity of 15.15%. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the company earned $0.64 earnings per share. The company’s quarterly revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS. Equities analysts expect that Host Hotels & Resorts, Inc. will post 2.13 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Host Hotels & Resorts’s payout ratio is currently 54.42%.

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.