Blue Trust Inc. increased its holdings in shares of Hyatt Hotels Co. (NYSE:H – Free Report) by 78.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 581 shares of the company’s stock after acquiring an additional 256 shares during the period. Blue Trust Inc.’s holdings in Hyatt Hotels were worth $88,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp boosted its position in Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after purchasing an additional 113 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Hyatt Hotels by 474.0% during the fourth quarter. SG Americas Securities LLC now owns 5,120 shares of the company’s stock valued at $804,000 after buying an additional 4,228 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Hyatt Hotels by 67.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock valued at $163,000 after buying an additional 420 shares in the last quarter. UMB Bank n.a. grew its position in shares of Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock worth $33,000 after buying an additional 104 shares during the last quarter. Finally, Artemis Investment Management LLP raised its stake in shares of Hyatt Hotels by 3.8% during the 4th quarter. Artemis Investment Management LLP now owns 257,753 shares of the company’s stock worth $40,462,000 after acquiring an additional 9,345 shares in the last quarter. Institutional investors own 73.54% of the company’s stock.
Analyst Ratings Changes
Several brokerages recently commented on H. Cfra set a $155.00 price objective on shares of Hyatt Hotels in a research report on Thursday, October 17th. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a report on Friday, November 1st. Barclays lifted their price target on Hyatt Hotels from $144.00 to $161.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. Deutsche Bank Aktiengesellschaft raised their price objective on Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a research note on Friday, November 1st. Finally, Mizuho cut their price target on shares of Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Fourteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $156.38.
Hyatt Hotels Stock Down 1.4 %
H opened at $163.94 on Friday. The stock’s fifty day moving average is $157.40 and its 200-day moving average is $152.28. Hyatt Hotels Co. has a one year low of $125.44 and a one year high of $168.20. The company has a market capitalization of $15.74 billion, a PE ratio of 12.35 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.
Insider Transactions at Hyatt Hotels
In related news, insider Mark R. Vondrasek sold 3,776 shares of the firm’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 completion of the transaction, the insider now owns 5,798 shares of the company’s stock, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 23.50% of the company’s stock.
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.
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