Hyatt Hotels Co. (NYSE:H) Position Increased by GAMMA Investing LLC

GAMMA Investing LLC grew its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 17.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,056 shares of the company’s stock after purchasing an additional 155 shares during the period. GAMMA Investing LLC’s holdings in Hyatt Hotels were worth $166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of H. Asset Management One Co. Ltd. boosted its holdings in shares of Hyatt Hotels by 0.4% during the third quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company’s stock valued at $2,365,000 after acquiring an additional 66 shares during the period. PFG Investments LLC boosted its stake in Hyatt Hotels by 1.5% during the 3rd quarter. PFG Investments LLC now owns 4,846 shares of the company’s stock valued at $738,000 after purchasing an additional 70 shares during the period. Hunter Associates Investment Management LLC grew its position in Hyatt Hotels by 0.6% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 17,077 shares of the company’s stock worth $2,601,000 after purchasing an additional 95 shares during the last quarter. AdvisorShares Investments LLC increased its stake in shares of Hyatt Hotels by 23.9% in the second quarter. AdvisorShares Investments LLC now owns 559 shares of the company’s stock valued at $83,000 after purchasing an additional 108 shares during the period. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Hyatt Hotels by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 620 shares of the company’s stock valued at $94,000 after buying an additional 110 shares during the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the company’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. This represents a 39.44 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 23.50% of the stock is currently owned by corporate insiders.

Hyatt Hotels Price Performance

NYSE H opened at $152.52 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. Hyatt Hotels Co. has a 1 year low of $124.40 and a 1 year high of $168.20. The company has a market cap of $14.65 billion, a PE ratio of 11.49 and a beta of 1.48. The stock’s 50-day moving average price is $156.13 and its two-hundred day moving average price is $151.56.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter in the previous year, the business earned $0.70 earnings per share. On average, analysts predict that Hyatt Hotels Co. will post 3.89 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were given a $0.15 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.60 annualized dividend and a dividend yield of 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on H. StockNews.com raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Monday, November 4th. Stifel Nicolaus increased their price target on Hyatt Hotels from $145.50 to $157.50 and gave the stock a “hold” rating in a research note on Tuesday, November 26th. The Goldman Sachs Group lifted their price objective on shares of Hyatt Hotels from $151.00 to $167.00 and gave the company a “neutral” rating in a research note on Tuesday, December 10th. Bank of America increased their target price on shares of Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Evercore ISI upped their price target on shares of Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. Fifteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $155.21.

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.