Blue Trust Inc. Boosts Stock Position in Hyatt Hotels Co. (NYSE:H)

Blue Trust Inc. boosted its stake in shares of Hyatt Hotels Co. (NYSE:H) by 78.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 581 shares of the company’s stock after acquiring an additional 256 shares during the quarter. Blue Trust Inc.’s holdings in Hyatt Hotels were worth $88,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc boosted its holdings in Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after acquiring an additional 175 shares during the period. UMB Bank n.a. boosted its holdings 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 acquiring an additional 104 shares during the period. iA Global Asset Management Inc. purchased a new stake in Hyatt Hotels in the 3rd quarter worth approximately $51,000. Fifth Third Bancorp lifted its holdings in Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after buying an additional 113 shares during the period. Finally, Nisa Investment Advisors LLC lifted its holdings in Hyatt Hotels by 21.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock worth $94,000 after buying an additional 110 shares during the period. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price objective on Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. Barclays dropped their price objective on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a report on Friday, February 14th. Macquarie dropped their price objective on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Stifel Nicolaus increased their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a report on Tuesday, November 26th. Finally, Truist Financial increased their price objective on Hyatt Hotels from $158.00 to $163.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, Hyatt Hotels has a consensus rating of “Hold” and a consensus price target of $162.29.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Down 3.8 %

H stock opened at $140.20 on Friday. Hyatt Hotels Co. has a twelve month low of $128.91 and a twelve month high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market cap of $13.48 billion, a PE ratio of 11.27 and a beta of 1.48. The business has a 50 day moving average of $155.26 and a 200 day moving average of $152.63.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data 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 company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period last year, the business earned $0.64 EPS. On average, research analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date is Friday, February 28th. Hyatt Hotels’s payout ratio is 4.82%.

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.