Sanctuary Advisors LLC Acquires 1,244 Shares of Hyatt Hotels Co. (NYSE:H)

Sanctuary Advisors LLC raised its stake in Hyatt Hotels Co. (NYSE:H) by 30.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,278 shares of the company’s stock after purchasing an additional 1,244 shares during the quarter. Sanctuary Advisors LLC’s holdings in Hyatt Hotels were worth $825,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in H. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Hyatt Hotels in the 3rd quarter valued at $30,000. Blue Trust Inc. lifted its stake in shares of Hyatt Hotels by 190.2% during the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after buying an additional 213 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Hyatt Hotels by 1,107.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company’s stock worth $50,000 after buying an additional 310 shares during the period. iA Global Asset Management Inc. acquired a new position in Hyatt Hotels in the 3rd quarter valued at about $51,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Hyatt Hotels by 31.1% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 485 shares of the company’s stock valued at $74,000 after acquiring an additional 115 shares during the period. 73.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on H shares. Bank of America upped their target price on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Truist Financial lowered their price objective on Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target on the stock. in a research report on Friday, November 1st. Finally, Barclays increased their target price on shares of Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Fifteen analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $152.88.

Hyatt Hotels Trading Down 1.4 %

Shares of H stock opened at $157.56 on Tuesday. Hyatt Hotels Co. has a twelve month low of $124.40 and a twelve month high of $168.20. The stock’s fifty day simple moving average is $155.30 and its 200 day simple moving average is $150.80. 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 firm has a market capitalization of $15.13 billion, a P/E ratio of 11.87 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the firm posted $0.70 earnings per share. As a group, sell-side analysts predict that Hyatt Hotels Co. will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Investors of record on Friday, November 22nd were paid a $0.15 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.38%. Hyatt Hotels’s dividend payout ratio is 4.52%.

Insider Activity at Hyatt Hotels

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

About Hyatt Hotels

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.