Natixis Advisors LLC Increases Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Natixis Advisors LLC increased its stake in Hyatt Hotels Co. (NYSE:H) by 14.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,982 shares of the company’s stock after acquiring an additional 1,720 shares during the period. Natixis Advisors LLC’s holdings in Hyatt Hotels were worth $2,128,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Principal Financial Group Inc. lifted its stake in shares of Hyatt Hotels by 6.5% in the second quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock worth $401,827,000 after acquiring an additional 162,562 shares in the last quarter. Fiera Capital Corp grew its position in shares of Hyatt Hotels by 1.2% during the second quarter. Fiera Capital Corp now owns 574,045 shares of the company’s stock worth $87,209,000 after buying an additional 6,896 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in Hyatt Hotels by 10.6% in the second quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company’s stock valued at $73,822,000 after acquiring an additional 46,574 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of Hyatt Hotels by 4.7% during the second quarter. Bank of New York Mellon Corp now owns 469,791 shares of the company’s stock worth $71,371,000 after purchasing an additional 20,997 shares during the last quarter. Finally, Handelsbanken Fonder AB lifted its holdings in Hyatt Hotels by 9.0% during the 3rd quarter. Handelsbanken Fonder AB now owns 354,900 shares of the company’s stock worth $54,016,000 after buying an additional 29,300 shares during the last quarter. 71.02% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

H has been the subject of a number of recent analyst reports. Bank of America increased their price objective on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Monday, October 21st. HSBC downgraded shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research note on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their target price on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. Morgan Stanley dropped their price target on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research note on Monday, November 18th. Finally, Robert W. Baird lifted their price target on Hyatt Hotels from $157.00 to $158.00 and gave the company a “neutral” rating in a report on Monday, November 4th. Fifteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $151.57.

Hyatt Hotels Stock Up 0.1 %

Shares of H opened at $156.23 on Monday. Hyatt Hotels Co. has a 12 month low of $112.85 and a 12 month high of $162.24. The stock has a market cap of $15.00 billion, a price-to-earnings ratio of 11.77 and a beta of 1.50. The company has a 50-day moving average price of $152.88 and a two-hundred day moving average price of $149.34. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the firm earned $0.70 EPS. Equities analysts predict that Hyatt Hotels Co. will post 3.91 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 22nd will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.38%. The ex-dividend date of this dividend is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio is presently 4.52%.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of Hyatt Hotels stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the completion of the sale, the insider now owns 623,556 shares of the company’s stock, valued at approximately $93,389,982.12. The trade was a 7.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 23.50% of the stock is currently owned by company insiders.

About Hyatt Hotels

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.