CI Investments Inc. Has $59.57 Million Stake in Host Hotels & Resorts, Inc. $HST

CI Investments Inc. trimmed its position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 0.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,109,169 shares of the company’s stock after selling 20,613 shares during the period. CI Investments Inc.’s holdings in Host Hotels & Resorts were worth $59,572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Waterloo Capital L.P. increased its position in Host Hotels & Resorts by 543.6% in the 4th quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after buying an additional 140,932 shares during the period. Arbejdsmarkedets Tillaegspension bought a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $23,632,000. Convergence Investment Partners LLC bought a new stake in shares of Host Hotels & Resorts in the fourth quarter valued at approximately $843,000. Meiji Yasuda Asset Management Co Ltd. boosted its position in shares of Host Hotels & Resorts by 139.2% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 141,640 shares of the company’s stock valued at $2,511,000 after acquiring an additional 82,420 shares during the period. Finally, Cbre Investment Management Listed Real Assets LLC grew its stake in shares of Host Hotels & Resorts by 41.8% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock worth $38,465,000 after acquiring an additional 639,695 shares during the last quarter. 98.52% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan S. Tyrrell sold 15,569 shares of the company’s stock in a transaction 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 directly owned 682,089 shares in the company, valued at $15,688,047. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 1.50% of the stock is currently owned by corporate insiders.

Host Hotels & Resorts Stock Up 1.6%

Shares of HST opened at $24.44 on Wednesday. The stock has a market cap of $16.74 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 2.71 and a beta of 1.09. The company has a quick ratio of 7.91, a current ratio of 7.91 and a debt-to-equity ratio of 0.74. Host Hotels & Resorts, Inc. has a 12 month low of $15.11 and a 12 month high of $25.41. The company has a 50-day moving average price of $23.64 and a two-hundred day moving average price of $20.99.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.67 earnings per share for the quarter, beating analysts’ consensus estimates of $0.36 by $0.31. Host Hotels & Resorts had a return on equity of 15.15% and a net margin of 16.40%.The company 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 business 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 predict that Host Hotels & Resorts, Inc. will post 2.14 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.80 annualized dividend and a yield of 3.3%. Host Hotels & Resorts’s payout ratio is currently 54.42%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on HST shares. Morgan Stanley boosted their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Argus set a $27.00 price target on shares of Host Hotels & Resorts in a report on Wednesday, June 17th. Stifel Nicolaus set a $26.25 price target on shares of Host Hotels & Resorts in a research report on Thursday, June 4th. Raymond James Financial restated an “outperform” rating and set a $27.00 price objective on shares of Host Hotels & Resorts in a report on Monday, June 8th. Finally, UBS Group upped their price objective on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Host Hotels & Resorts currently has an average rating of “Moderate Buy” and a consensus price target of $24.20.

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.