Mercer Global Advisors Inc. ADV Has $1.93 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Mercer Global Advisors Inc. ADV raised its position in Hyatt Hotels Co. (NYSE:H) by 12.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 12,684 shares of the company’s stock after purchasing an additional 1,376 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Hyatt Hotels were worth $1,927,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of H. LRI Investments LLC bought a new position in shares of Hyatt Hotels during the 1st quarter worth approximately $26,000. Riverview Trust Co bought a new position in Hyatt Hotels during the first quarter worth $27,000. Summit Securities Group LLC acquired a new stake in Hyatt Hotels in the second quarter worth $30,000. Quadrant Capital Group LLC increased its stake in Hyatt Hotels by 49.8% in the fourth quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock valued at $50,000 after purchasing an additional 127 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of Hyatt Hotels during the 1st quarter worth about $53,000. 71.02% of the stock is owned by institutional investors.

Hyatt Hotels Trading Down 2.2 %

NYSE H opened at $151.49 on Tuesday. The stock has a market capitalization of $15.33 billion, a price-to-earnings ratio of 23.52 and a beta of 1.50. The business’s fifty day moving average is $146.22 and its 200-day moving average is $149.62. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.82 and a quick ratio of 0.82. Hyatt Hotels Co. has a one year low of $96.77 and a one year high of $162.24.

Hyatt Hotels (NYSE:H) last released its earnings results on Tuesday, August 6th. The company reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.95 by $0.58. The firm had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.76 billion. Hyatt Hotels had a net margin of 14.55% and a return on equity of 10.25%. During the same period in the previous year, the company earned $0.82 earnings per share. Equities research analysts predict that Hyatt Hotels Co. will post 3.97 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, August 27th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.40%. The ex-dividend date was Tuesday, August 27th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 9.32%.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Evercore ISI decreased their target price on Hyatt Hotels from $155.00 to $145.00 and set an “in-line” rating for the company in a research report on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on Hyatt Hotels from $127.00 to $120.00 and set a “hold” rating for the company in a report on Wednesday, August 7th. Sanford C. Bernstein cut their target price on Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. The Goldman Sachs Group began coverage on shares of Hyatt Hotels in a research note on Wednesday, September 18th. They set a “neutral” rating and a $151.00 price target for the company. Finally, Macquarie reduced their price objective on shares of Hyatt Hotels from $168.00 to $164.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Hyatt Hotels presently has an average rating of “Hold” and an average target price of $148.21.

Insiders Place Their Bets

In related news, insider Mark Samuel Hoplamazian sold 44,219 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $148.14, for a total transaction of $6,550,602.66. Following the sale, the insider now directly owns 623,556 shares in the company, valued at approximately $92,373,585.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.