Bradley Foster & Sargent Inc. CT Raises Holdings in Hyatt Hotels Co. (NYSE:H)

Bradley Foster & Sargent Inc. CT grew its position in shares of Hyatt Hotels Co. (NYSE:H) by 62.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,866 shares of the company’s stock after purchasing an additional 5,691 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Hyatt Hotels were worth $2,258,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in H. BNP Paribas Financial Markets grew its position in shares of Hyatt Hotels by 22.4% during the fourth quarter. BNP Paribas Financial Markets now owns 20,284 shares of the company’s stock valued at $2,645,000 after purchasing an additional 3,710 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Hyatt Hotels by 6.3% in the 4th quarter. Dimensional Fund Advisors LP now owns 484,261 shares of the company’s stock valued at $63,153,000 after acquiring an additional 28,604 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Hyatt Hotels by 46.2% in the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 3,881 shares of the company’s stock valued at $506,000 after acquiring an additional 1,226 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Hyatt Hotels by 49.8% in the 4th quarter. Quadrant Capital Group LLC now owns 382 shares of the company’s stock valued at $50,000 after acquiring an additional 127 shares during the last quarter. Finally, Securian Asset Management Inc. bought a new position in shares of Hyatt Hotels in the 4th quarter valued at about $487,000. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Hyatt Hotels Stock Down 0.1 %

Shares of NYSE H opened at $148.18 on Thursday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.82 and a current ratio of 0.82. The firm has a market capitalization of $14.99 billion, a price-to-earnings ratio of 23.01 and a beta of 1.50. The stock has a 50 day moving average price of $146.39 and a 200 day moving average price of $149.77. Hyatt Hotels Co. has a 52-week low of $96.77 and a 52-week high of $162.24.

Hyatt Hotels (NYSE:H) last posted its earnings results on Tuesday, August 6th. The company reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.58. The company had revenue of $1.70 billion during the quarter, compared to analyst estimates of $1.76 billion. Hyatt Hotels had a return on equity of 10.25% and a net margin of 14.55%. During the same quarter in the prior year, the business earned $0.82 earnings per share. Sell-side analysts expect that Hyatt Hotels Co. will post 3.97 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, August 27th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, August 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.40%. Hyatt Hotels’s dividend payout ratio is currently 9.32%.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company’s stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the completion of the sale, the insider now owns 623,556 shares in the company, valued at $93,389,982.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 23.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on H. Robert W. Baird lowered their price target on shares of Hyatt Hotels from $162.00 to $158.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Macquarie lowered their price target on shares of Hyatt Hotels from $168.00 to $164.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. Evercore ISI lowered their price target on shares of Hyatt Hotels from $155.00 to $145.00 and set an “in-line” rating for the company in a report on Wednesday, August 7th. Stifel Nicolaus boosted their target price on Hyatt Hotels from $141.00 to $151.00 and gave the company a “hold” rating in a research report on Tuesday, August 20th. Finally, Susquehanna dropped their target price on Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a research report on Wednesday, August 14th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Hold” and an average price target of $148.21.

Hyatt Hotels 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.