Host Hotels & Resorts (NASDAQ:HST) EVP Nathan Tyrrell Sells 50,000 Shares of Company Stock

Host Hotels & Resorts, Inc. (NASDAQ:HST) EVP Nathan Tyrrell sold 50,000 shares of the stock in a transaction on Monday, November 9th. The stock was sold at an average price of $25.34, for a total value of $1,267,000.00. Following the completion of the transaction, the executive vice president owned 563,907 shares of the company’s stock, valued at $14,289,403.38. The trade was a 8.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Host Hotels & Resorts Price Performance

Shares of NASDAQ HST opened at $25.93 on Wednesday. The firm has a market capitalization of $17.77 billion, a P/E ratio of 18.93, a PEG ratio of 3.43 and a beta of 1.09. Host Hotels & Resorts, Inc. has a one year low of $16.77 and a one year high of $26.19. The company’s fifty day moving average is $23.35 and its two-hundred day moving average is $22.15. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 5.79.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Host Hotels & Resorts had a net margin of 15.01% and a return on equity of 14.33%. The business’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.35 EPS. Analysts forecast that Host Hotels & Resorts, Inc. will post 2.23 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a yield of 3.1%. Host Hotels & Resorts’s payout ratio is currently 58.39%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Truist Financial upped their target price on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, September 10th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, October 26th. Morgan Stanley lifted their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a research report on Monday, October 12th. Evercore set a $26.00 price target on Host Hotels & Resorts in a research note on Monday, October 26th. Finally, Barclays upped their price target on Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $25.55.

Institutional Trading of Host Hotels & Resorts

Several large investors have recently bought and sold shares of HST. Checchi Capital Advisers LLC increased its position in shares of Host Hotels & Resorts by 3.5% in the third quarter. Checchi Capital Advisers LLC now owns 12,493 shares of the company’s stock valued at $280,000 after buying an additional 417 shares in the last quarter. Avail Investment Partners LLC boosted its position in shares of Host Hotels & Resorts by 2.5% in the 3rd quarter. Avail Investment Partners LLC now owns 19,299 shares of the company’s stock worth $432,000 after buying an additional 471 shares in the last quarter. CX Institutional boosted its position in shares of Host Hotels & Resorts by 4.1% in the 3rd quarter. CX Institutional now owns 12,067 shares of the company’s stock worth $270,000 after buying an additional 474 shares in the last quarter. Allworth Financial LP boosted its position in shares of Host Hotels & Resorts by 1.9% in the 3rd quarter. Allworth Financial LP now owns 25,634 shares of the company’s stock worth $608,000 after buying an additional 477 shares in the last quarter. Finally, VestGen Advisors LLC grew its stake in Host Hotels & Resorts by 4.3% in the 3rd quarter. VestGen Advisors LLC now owns 14,439 shares of the company’s stock valued at $323,000 after acquiring an additional 601 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts News Summary

Here are the key news stories impacting Host Hotels & Resorts this week:

• Positive Sentiment: Zacks describes HST as a strong momentum stock, which may attract investors focused on recent price trends. Read the Zacks article
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $24 to $27 but kept a neutral rating, signaling improved valuation expectations without an outright bullish recommendation.
• Neutral Sentiment: A report listed short interest at zero shares, indicating no reported short position to suggest meaningful short-covering demand; the figure may be subject to reporting limitations.
• Negative Sentiment: Several insiders reported selling shares. Director Mary Baglivo sold nearly all of her direct holdings, while EVP Sourav Ghosh and EVP Nathan Tyrrell also reduced their positions. Such sales can weigh on sentiment, although both executives retained substantial shareholdings. Read the insider-sale report

About Host Hotels & Resorts

Host Hotels & Resorts is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts. Its properties serve business and leisure travelers and are located primarily in the United States, with additional properties in international markets. The company’s hotels are operated under a range of well-known brands, including Marriott, Hilton, Hyatt and Four Seasons. Host generally relies on brand companies and other third-party operators to manage its properties, while focusing on hotel ownership and real estate investment.