Panagora Asset Management Inc. Sells 190,289 Shares of Host Hotels & Resorts, Inc. $HST

Panagora Asset Management Inc. lessened its position in Host Hotels & Resorts, Inc. (NASDAQ:HST) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 2,281,745 shares of the company’s stock after selling 190,289 shares during the period. Panagora Asset Management Inc.’s holdings in Host Hotels & Resorts were worth $40,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Zions Bancorporation National Association UT raised its holdings in Host Hotels & Resorts by 89.1% in the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after acquiring an additional 781 shares during the period. CYBER HORNET ETFs LLC bought a new position in Host Hotels & Resorts in the 2nd quarter worth $29,000. Clearstead Advisors LLC raised its holdings in Host Hotels & Resorts by 79.6% in the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock worth $30,000 after acquiring an additional 786 shares during the period. MUFG Securities EMEA plc bought a new position in Host Hotels & Resorts in the 2nd quarter worth $32,000. Finally, Wiser Advisor Group LLC bought a new position in Host Hotels & Resorts in the 3rd quarter worth $40,000. Institutional investors own 98.52% of the company’s stock.

Insider Activity

In other news, EVP Nathan S. Tyrrell sold 58,579 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $22.00, for a total transaction of $1,288,738.00. Following the transaction, the executive vice president directly owned 697,658 shares in the company, valued at approximately $15,348,476. This represents a 7.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HST shares. Wells Fargo & Company lifted their target price on shares of Host Hotels & Resorts from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets restated an “outperform” rating and set a $27.00 price objective on shares of Host Hotels & Resorts in a report on Friday. Raymond James Financial reissued an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research note on Monday, June 8th. Stifel Nicolaus set a $26.25 target price on shares of Host Hotels & Resorts in a research note on Thursday, June 4th. Finally, Barclays upped their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company an “equal weight” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $23.75.

Host Hotels & Resorts Price Performance

Shares of HST stock opened at $24.81 on Tuesday. Host Hotels & Resorts, Inc. has a 1 year low of $15.11 and a 1 year high of $25.29. The firm’s 50 day moving average is $21.95 and its 200-day moving average is $19.89. The firm has a market capitalization of $16.99 billion, a price-to-earnings ratio of 16.88, a PEG ratio of 2.82 and a beta of 1.10. The company has a current ratio of 7.91, a quick ratio of 7.91 and a debt-to-equity ratio of 0.74.

Host Hotels & Resorts (NASDAQ:HST) last announced its earnings results on Wednesday, May 6th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same period in the prior year, the business earned $0.64 earnings per share. Host Hotels & Resorts’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. Sell-side analysts forecast that Host Hotels & Resorts, Inc. will post 2.13 EPS for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio is presently 54.42%.

About Host Hotels & Resorts

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.