Atria Investments Inc Has $338,000 Stock Position in Hyatt Hotels Co. (NYSE:H)

Atria Investments Inc reduced its stake in shares of Hyatt Hotels Co. (NYSE:H) by 16.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,219 shares of the company’s stock after selling 452 shares during the period. Atria Investments Inc’s holdings in Hyatt Hotels were worth $338,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Bridges Investment Management Inc. raised its holdings in Hyatt Hotels by 7.3% during the 3rd quarter. Bridges Investment Management Inc. now owns 4,242 shares of the company’s stock worth $646,000 after buying an additional 287 shares during the period. Assetmark Inc. raised its holdings in shares of Hyatt Hotels by 162.2% in the third quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock valued at $7,464,000 after purchasing an additional 30,339 shares during the last quarter. Malaga Cove Capital LLC raised its holdings in shares of Hyatt Hotels by 37.9% in the third quarter. Malaga Cove Capital LLC now owns 4,241 shares of the company’s stock valued at $645,000 after purchasing an additional 1,165 shares during the last quarter. Asset Management One Co. Ltd. raised its holdings in shares of Hyatt Hotels by 0.4% in the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after purchasing an additional 66 shares during the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Hyatt Hotels by 7.7% in the third quarter. QRG Capital Management Inc. now owns 19,080 shares of the company’s stock valued at $2,904,000 after purchasing an additional 1,368 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

H has been the topic of a number of recent research reports. Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a report on Friday, November 1st. The Goldman Sachs Group initiated coverage on shares of Hyatt Hotels in a research note on Wednesday, September 18th. They issued a “neutral” rating and a $151.00 target price for the company. Morgan Stanley decreased their target price on shares of Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. Sanford C. Bernstein decreased their target price on shares of Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Finally, Susquehanna decreased their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating for the company in a research note on Wednesday, August 14th. Fifteen analysts have rated the stock with 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 target price of $151.57.

Insider Transactions at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $149.77, for a total value of $7,696,380.76. Following the sale, the insider now directly owns 623,556 shares in the company, valued at $93,389,982.12. This represents a 7.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Up 0.2 %

H stock opened at $156.23 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market cap of $15.00 billion, a PE ratio of 11.77 and a beta of 1.50. Hyatt Hotels Co. has a 52 week low of $112.85 and a 52 week high of $162.24. The business has a 50-day simple moving average of $152.88 and a 200 day simple moving average of $149.34.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same quarter in the previous year, the firm earned $0.70 earnings per share. Sell-side analysts anticipate that Hyatt Hotels Co. will post 3.91 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. The ex-dividend date is Friday, November 22nd. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.52%.

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.