SCHEDULE 13G/A: Cohen & Steers Discloses Significant Passive Stake in Host Hotels & Resorts

Cohen & Steers, Inc. and its affiliates have filed an amended Schedule 13G, reporting a combined beneficial ownership of 8.68% in Host Hotels & Resorts, Inc. as of March 31, 2025.

Summary

• Cohen & Steers, Inc. reported beneficial ownership of 60,715,923 shares, representing 8.68% of Host Hotels & Resorts, Inc. common stock.
• Cohen & Steers Capital Management, Inc., a subsidiary, beneficially owns 60,098,013 shares, or 8.6% of the class, with sole voting power over 40,385,420 shares and sole dispositive power over 60,098,013 shares.
• Cohen & Steers UK Ltd. beneficially owns 545,515 shares, or 0.08% of the class, with sole voting power over 282,072 shares and sole dispositive power over 545,515 shares.
• Cohen & Steers Ireland Limited beneficially owns 72,395 shares, or 0.01% of the class, with sole voting and dispositive power over these shares.
• Cohen & Steers Asia LTD reported 0 shares beneficially owned.
• The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, indicating a neutral sentiment. The continued significant stake by a major institutional investor could be seen as mildly positive, but the filing itself is purely informational.

Positives

• A major institutional investor, Cohen & Steers, maintains a significant stake (8.68%) in Host Hotels & Resorts, indicating continued confidence in the company.
• The filing confirms the passive nature of the investment, suggesting no immediate intent to influence company control.

Future Outlook

NA

Industry Context

This filing reflects a significant passive investment by a specialized real estate investment manager, Cohen & Steers, in Host Hotels & Resorts, a leading lodging REIT. Such institutional holdings are common in the REIT sector, indicating investor interest in the real estate market and specific sub-sectors like lodging.

Stakeholder Impact

• The continued significant ownership by Cohen & Steers may provide a level of stability and confidence for existing shareholders, signaling a long-term institutional interest in Host Hotels & Resorts.

Key Dates

Keywords

Host Hotels & Resorts, Cohen & Steers, SEC filing, Schedule 13G, beneficial ownership, common stock, institutional investment, real estate investment trust, REIT