HOST HOTELS & RESORTS, INC. (HST)

Real Estate Investment Trusts

Latest Price

$22.13

TTM P/E

14.75

Normalized P/E

20.61

Div Yield

7.55%

Book Value

9.31

P/B Ratio

2.38

Valuation metrics

EPS: $1.10

Book value / share: $9.53

Formula: √(22.5 × EPS × BVPS)

Graham Number

$15.36

31% downside

Norm. op. income: $799M (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$10.30

53% downside

EPS: $1.10

Target P/E: 21×

Formula: EPS × P/E

P/E Fair Value

$23.10

+4% upside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	88.41M	$2.10B	12.91%	+10.88M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	60.63M	$1.44B	8.85%	+724.7K	2026-06-30
COHEN & STEERS, INC.	44.82M	$1.06B	6.54%	-10.30M	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	43.25M	$1.02B	6.31%	+94.7K	2026-06-30
STATE STREET CORP	41.96M	$1.03B	6.12%	-489.9K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	21.61M	$511.0M	3.15%	+2.44M	2026-06-30
JPMORGAN CHASE & CO	17.84M	$445.0M	2.60%	-11.29M	2026-06-30
Invesco Ltd.	13.33M	$315.0M	1.95%	-3.85M	2026-06-30
AQR CAPITAL MANAGEMENT LLC	13.32M	$315.0M	1.95%	+3.55M	2026-06-30
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	12.83M	$304.0M	1.87%	+1.33M	2026-06-30