Plato Investment Management Ltd acquired a new position in Host Hotels & Resorts, Inc. (NASDAQ:HST – Free Report) during the second quarter, HoldingsChannel.com reports. The fund acquired 48,553 shares of the company’s stock, valued at approximately $1,144,000.
Several other large investors have also added to or reduced their stakes in the business. SJS Investment Consulting Inc. grew its position in Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after purchasing an additional 641 shares in the last quarter. Zions Bancorporation National Association UT lifted its position in Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after buying an additional 781 shares in the last quarter. Cedar Mountain Advisors LLC bought a new stake in Host Hotels & Resorts during the 1st quarter worth about $35,000. CYBER HORNET ETFs LLC acquired a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $29,000. Finally, MUFG Securities EMEA plc acquired a new position in shares of Host Hotels & Resorts during the 2nd quarter worth about $32,000. Institutional investors and hedge funds own 98.52% of the company’s stock.
Host Hotels & Resorts Price Performance
HST stock opened at $22.92 on Wednesday. The stock has a 50-day moving average price of $24.06 and a two-hundred day moving average price of $21.79. The stock has a market cap of $15.70 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 2.54 and a beta of 1.10. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. Host Hotels & Resorts, Inc. has a 1 year low of $15.61 and a 1 year high of $25.71.
Insider Transactions at Host Hotels & Resorts
In related news, EVP Nathan S. Tyrrell sold 15,569 shares of Host Hotels & Resorts stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $23.00, for a total value of $358,087.00. Following the sale, the executive vice president owned 682,089 shares of the company’s stock, valued at approximately $15,688,047. This trade represents a 2.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.50% of the company’s stock.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on HST shares. Weiss Ratings upgraded Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Citigroup increased their price target on Host Hotels & Resorts from $22.00 to $24.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. LADENBURG THALM/SH SH raised their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. UBS Group boosted their price target on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd. Finally, Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.33.
Check Out Our Latest Analysis on Host Hotels & Resorts
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.
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