UMB Bank n.a. Has $33,000 Position in Hyatt Hotels Co. (NYSE:H)

UMB Bank n.a. raised its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 99.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209 shares of the company’s stock after purchasing an additional 104 shares during the period. UMB Bank n.a.’s holdings in Hyatt Hotels were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after purchasing an additional 7,440 shares in the last quarter. TT International Asset Management LTD acquired a new stake in Hyatt Hotels during the fourth quarter worth approximately $5,283,000. Assetmark Inc. increased its stake in shares of Hyatt Hotels by 162.2% during the third quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock worth $7,464,000 after purchasing an additional 30,339 shares during the period. Bamco Inc. NY boosted its stake in Hyatt Hotels by 1.3% in the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after purchasing an additional 68,608 shares during the period. Finally, Icon Wealth Advisors LLC lifted its holdings in shares of Hyatt Hotels by 17,641.6% during the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock worth $20,009,000 after buying an additional 130,724 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Morgan Stanley cut their target price on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research report on Monday, November 18th. Jefferies Financial Group upped their target price on Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research note on Thursday, January 2nd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a report on Friday, November 1st. Barclays increased their price target on Hyatt Hotels from $144.00 to $161.00 and gave the company an “equal weight” rating in a research note on Friday, December 13th. Finally, Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. Fourteen equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $156.48.

Hyatt Hotels Price Performance

Shares of NYSE H opened at $154.76 on Friday. The stock has a fifty day moving average of $156.72 and a 200-day moving average of $151.98. The stock has a market cap of $14.86 billion, a PE ratio of 11.66 and a beta of 1.48. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. Hyatt Hotels Co. has a fifty-two week low of $125.44 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same quarter in the prior year, the firm posted $0.70 earnings per share. Equities research analysts anticipate that Hyatt Hotels Co. will post 3.8 earnings per share for the current year.

Hyatt Hotels Announces Dividend

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

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now directly 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 23.50% of the stock is 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.