Hyatt Hotels Co. (NYSE:H) Stock Position Raised by US Bancorp DE

US Bancorp DE lifted its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,311 shares of the company’s stock after buying an additional 117 shares during the period. US Bancorp DE’s holdings in Hyatt Hotels were worth $520,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of H. Crossmark Global Holdings Inc. grew its position in shares of Hyatt Hotels by 18.9% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,917 shares of the company’s stock valued at $596,000 after buying an additional 622 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of Hyatt Hotels by 0.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 84,971 shares of the company’s stock valued at $12,933,000 after buying an additional 610 shares during the last quarter. Aigen Investment Management LP bought a new stake in shares of Hyatt Hotels during the 3rd quarter valued at about $621,000. Victory Capital Management Inc. boosted its stake in Hyatt Hotels by 12.3% during the 3rd quarter. Victory Capital Management Inc. now owns 29,076 shares of the company’s stock valued at $4,425,000 after purchasing an additional 3,176 shares during the period. Finally, ING Groep NV acquired a new position in Hyatt Hotels during the 3rd quarter valued at about $2,922,000. Institutional investors own 73.54% of the company’s stock.

Insider Activity

In other news, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total transaction of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 23.50% of the stock is owned by insiders.

Hyatt Hotels Trading Down 1.6 %

Hyatt Hotels stock opened at $125.12 on Thursday. Hyatt Hotels Co. has a 52 week low of $122.12 and a 52 week high of $168.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The firm has a market capitalization of $12.03 billion, a price-to-earnings ratio of 10.06 and a beta of 1.51. The company has a 50 day moving average price of $149.68 and a 200 day moving average price of $152.27.

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

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.48%. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on H. JPMorgan Chase & Co. boosted their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Morgan Stanley reduced their target price on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 4th. Stifel Nicolaus boosted their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a research note on Tuesday, November 26th. Susquehanna upped their price target on shares of Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Finally, The Goldman Sachs Group decreased their price objective on shares of Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $162.24.

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.