Asset Management One Co. Ltd. Sells 145 Shares of Hyatt Hotels Co. (NYSE:H)

Asset Management One Co. Ltd. lowered its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 0.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,394 shares of the company’s stock after selling 145 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Hyatt Hotels were worth $2,439,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of H. Versant Capital Management Inc increased its position in shares of Hyatt Hotels by 583.3% during 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 last quarter. UMB Bank n.a. lifted its position in shares of 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 acquiring an additional 104 shares during the period. Blue Trust Inc. lifted its position 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 acquiring an additional 213 shares during the period. iA Global Asset Management Inc. bought a new stake in shares of Hyatt Hotels during the 3rd quarter valued at $51,000. Finally, Fifth Third Bancorp raised its holdings in shares of Hyatt Hotels by 31.9% during the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after buying an additional 113 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Price Performance

NYSE:H opened at $146.97 on Thursday. The firm has a market capitalization of $14.11 billion, a price-to-earnings ratio of 11.81 and a beta of 1.48. Hyatt Hotels Co. has a 52-week low of $128.91 and a 52-week high of $168.20. The stock has a fifty day moving average of $155.91 and a 200 day moving average of $152.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the previous year, the business earned $0.64 EPS. On average, research analysts expect that Hyatt Hotels Co. will post 3.68 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. Hyatt Hotels’s dividend payout ratio is presently 4.82%.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now directly owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 23.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on H. Stifel Nicolaus upped their target price on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Monday. The Goldman Sachs Group increased their price objective on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research note on Tuesday, December 10th. Macquarie lowered their price objective on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Finally, Robert W. Baird decreased their price target on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average target price of $162.29.

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.