Host Hotels & Resorts, Inc. $HST Stock Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC cut its stake in shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) by 31.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 405,782 shares of the company’s stock after selling 189,179 shares during the period. Nisa Investment Advisors LLC owned about 0.06% of Host Hotels & Resorts worth $9,187,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of HST. BlackRock Inc. bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $2,096,191,000. Deutsche Bank AG purchased a new position in Host Hotels & Resorts during the 2nd quarter valued at about $296,560,000. Bank of America Corp DE bought a new stake in shares of Host Hotels & Resorts during the second quarter valued at about $295,807,000. Dimensional Fund Advisors LP lifted its holdings in shares of Host Hotels & Resorts by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock worth $201,042,000 after buying an additional 118,043 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Host Hotels & Resorts in the second quarter worth about $143,770,000. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Down 0.9%

Shares of NASDAQ:HST opened at $24.87 on Friday. Host Hotels & Resorts, Inc. has a 52-week low of $15.61 and a 52-week high of $25.71. The firm has a fifty day moving average of $22.67 and a 200 day moving average of $22.88. The firm has a market capitalization of $17.04 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 2.82 and a beta of 1.09. 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 (NASDAQ:HST) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. The firm 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 company’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. As a group, research analysts anticipate that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 53.33%.

Insider Activity at Host Hotels & Resorts

In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of Host Hotels & Resorts stock in a transaction that occurred on 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 directly owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. This trade represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on HST shares. Wells Fargo & Company lifted their price objective on Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Weiss Ratings upgraded Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, August 14th. Barclays raised their price target on Host Hotels & Resorts from $24.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, October 13th. Morgan Stanley lifted their price target on 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. Finally, Truist Financial lifted their price target on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $24.70.

Host Hotels & Resorts Profile

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.