Nisa Investment Advisors LLC Purchases 420 Shares of Hyatt Hotels Co. (NYSE:H)

Nisa Investment Advisors LLC lifted its position in shares of Hyatt Hotels Co. (NYSE:H) by 67.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,040 shares of the company’s stock after acquiring an additional 420 shares during the period. Nisa Investment Advisors LLC’s holdings in Hyatt Hotels were worth $163,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in H. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Hyatt Hotels in the third quarter worth approximately $30,000. Versant Capital Management Inc grew its position in Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 175 shares during the period. UMB Bank n.a. raised its stake in Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after buying an additional 104 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of Hyatt Hotels by 190.2% during the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock valued at $49,000 after buying an additional 213 shares during the period. Finally, iA Global Asset Management Inc. purchased a new position in shares of Hyatt Hotels in the 3rd quarter worth $51,000. 73.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on the stock. Stifel Nicolaus upped their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a report on Tuesday, November 26th. Macquarie reduced their price objective on Hyatt Hotels from $165.00 to $164.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Cfra set a $155.00 target price on Hyatt Hotels in a research report on Thursday, October 17th. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Monday, November 4th. Finally, HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research report on Friday, November 1st. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $156.48.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the transaction, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.50% of the stock is currently owned by company insiders.

Hyatt Hotels Trading Up 1.1 %

H opened at $159.13 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. The stock’s 50 day moving average price is $157.01 and its 200-day moving average price is $152.12. Hyatt Hotels Co. has a one year low of $125.44 and a one year high of $168.20. The stock has a market cap of $15.28 billion, a price-to-earnings ratio of 11.99 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same period in the prior year, the business posted $0.70 earnings per share. On average, equities analysts forecast that Hyatt Hotels Co. will post 3.8 EPS for the current year.

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.