Y Intercept Hong Kong Ltd Sells 1,324 Shares of Hyatt Hotels Co. (NYSE:H)

Y Intercept Hong Kong Ltd cut its position in shares of Hyatt Hotels Co. (NYSE:H) by 37.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,175 shares of the company’s stock after selling 1,324 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Hyatt Hotels were worth $341,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares in the last quarter. UMB Bank n.a. boosted its holdings in Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after acquiring an additional 104 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in Hyatt Hotels in the third quarter worth $51,000. Venturi Wealth Management LLC boosted its holdings in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock worth $53,000 after acquiring an additional 300 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after acquiring an additional 113 shares in the last quarter. 73.54% of the stock is currently owned by institutional investors.

Hyatt Hotels Stock Performance

Shares of H opened at $139.96 on Tuesday. 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 business has a 50-day simple moving average of $153.17 and a two-hundred day simple moving average of $152.91. The stock has a market cap of $13.46 billion, a price-to-earnings ratio of 11.25 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.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter in the previous year, the company earned $0.64 EPS. On average, analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have commented on H shares. Morgan Stanley dropped their target price on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a report on Monday, November 18th. JPMorgan Chase & Co. upped their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Macquarie lowered their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. Truist Financial upped their price target on Hyatt Hotels from $158.00 to $163.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Finally, Mizuho lowered their price target on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $162.55.

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.