3,648,835 Shares in Host Hotels & Resorts, Inc. $HST Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC purchased a new position in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) in the second quarter, HoldingsChannel reports. The institutional investor purchased 3,648,835 shares of the company’s stock, valued at approximately $86,681,000.

Other institutional investors also recently added to or reduced their stakes in the company. SJS Investment Consulting Inc. boosted its stake in Host Hotels & Resorts by 64.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares in the last quarter. Zions Bancorporation National Association UT grew its position in Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after acquiring an additional 781 shares during the period. Cedar Mountain Advisors LLC acquired a new position in Host Hotels & Resorts during the first quarter worth $35,000. CYBER HORNET ETFs LLC acquired a new position in Host Hotels & Resorts during the second quarter worth $29,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Host Hotels & Resorts during the second quarter valued at $32,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Nathan S. Tyrrell sold 63,882 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the transaction, the executive vice president owned 618,207 shares in the company, valued at $14,299,127.91. This represents a 9.37% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group boosted their target price on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Barclays increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. Truist Financial lifted their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “buy” rating in a report on Tuesday, May 26th. LADENBURG THALM/SH SH boosted their price target on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research report on Wednesday, June 10th. Finally, Morgan Stanley upped their price objective on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 12th. One 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’s stock. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus target price of $24.33.

Host Hotels & Resorts Trading Down 2.5%

Shares of HST opened at $22.43 on Thursday. The stock has a fifty day moving average price of $23.87 and a two-hundred day moving average price of $21.96. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The company has a market cap of $15.37 billion, a price-to-earnings ratio of 14.95, a PEG ratio of 2.55 and a beta of 1.10.

Host Hotels & Resorts (NASDAQ:HST) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.62 by $0.01. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.The business’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Analysts predict that Host Hotels & Resorts, Inc. will post 2.18 EPS for the current fiscal year.

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.