New England Research & Management Inc. Acquires 4,400 Shares of Hyatt Hotels Co. (NYSE:H)

New England Research & Management Inc. increased its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 95.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,025 shares of the company’s stock after acquiring an additional 4,400 shares during the quarter. New England Research & Management Inc.’s holdings in Hyatt Hotels were worth $1,374,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. O Shaughnessy Asset Management LLC boosted its holdings in shares of Hyatt Hotels by 1.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 6,527 shares of the company’s stock worth $1,042,000 after acquiring an additional 70 shares during the period. Red Spruce Capital LLC grew its holdings in Hyatt Hotels by 0.7% in the 2nd quarter. Red Spruce Capital LLC now owns 13,994 shares of the company’s stock valued at $2,126,000 after buying an additional 92 shares in the last quarter. Louisiana State Employees Retirement System increased its position in Hyatt Hotels by 0.8% during the 2nd quarter. Louisiana State Employees Retirement System now owns 12,800 shares of the company’s stock worth $1,945,000 after buying an additional 100 shares during the period. AdvisorShares Investments LLC lifted its holdings in shares of Hyatt Hotels by 23.9% during the second quarter. AdvisorShares Investments LLC now owns 559 shares of the company’s stock worth $83,000 after buying an additional 108 shares in the last quarter. Finally, Toronto Dominion Bank boosted its position in shares of Hyatt Hotels by 2.7% in the second quarter. Toronto Dominion Bank now owns 4,398 shares of the company’s stock valued at $668,000 after acquiring an additional 114 shares during the period. Institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Price Performance

Shares of NYSE:H traded down $1.35 during trading on Monday, hitting $152.34. 331,038 shares of the company were exchanged, compared to its average volume of 596,914. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.70. Hyatt Hotels Co. has a 1-year low of $96.77 and a 1-year high of $162.24. The company has a market capitalization of $15.41 billion, a P/E ratio of 23.66 and a beta of 1.50. The business’s 50 day moving average is $146.15 and its 200-day moving average is $149.40.

Hyatt Hotels (NYSE:H) last posted its earnings results on Tuesday, August 6th. The company reported $1.53 EPS for the quarter, beating the consensus estimate of $0.95 by $0.58. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.76 billion. Hyatt Hotels had a return on equity of 10.25% and a net margin of 14.55%. During the same period last year, the company earned $0.82 earnings per share. Equities analysts forecast that Hyatt Hotels Co. will post 3.95 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.39%. The ex-dividend date was Tuesday, August 27th. Hyatt Hotels’s payout ratio is 9.32%.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 44,219 shares of the company’s stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total value of $6,550,602.66. Following the sale, the insider now owns 623,556 shares in the company, valued at approximately $92,373,585.84. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 23.50% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on H. Susquehanna lowered their price target on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 14th. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Hyatt Hotels from $127.00 to $120.00 and set a “hold” rating for the company in a research report on Wednesday, August 7th. Morgan Stanley reduced their price target on Hyatt Hotels from $161.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their price objective on Hyatt Hotels from $171.00 to $180.00 and gave the company an “overweight” rating in a report on Friday, July 19th. Finally, Evercore ISI reduced their target price on Hyatt Hotels from $155.00 to $145.00 and set an “in-line” rating on the stock in a report on Wednesday, August 7th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $148.21.

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.