Rhumbline Advisers Has $19.73 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Rhumbline Advisers lessened its holdings in Hyatt Hotels Co. (NYSE:H) by 3.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,698 shares of the company’s stock after selling 4,235 shares during the period. Rhumbline Advisers owned about 0.13% of Hyatt Hotels worth $19,732,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bamco Inc. NY increased 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 buying an additional 68,608 shares during the last quarter. Wellington Management Group LLP increased its stake in Hyatt Hotels by 3.3% in the 3rd quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after buying an additional 56,082 shares during the last quarter. State Street Corp increased its stake in Hyatt Hotels by 0.4% in the 3rd quarter. State Street Corp now owns 1,441,148 shares of the company’s stock valued at $219,343,000 after buying an additional 6,007 shares during the last quarter. Geode Capital Management LLC increased its stake in Hyatt Hotels by 1.0% in the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock valued at $114,214,000 after buying an additional 7,440 shares during the last quarter. Finally, Artemis Investment Management LLP increased its stake in Hyatt Hotels by 3.8% in the 4th quarter. Artemis Investment Management LLP now owns 257,753 shares of the company’s stock valued at $40,462,000 after buying an additional 9,345 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Insiders Place Their Bets

In other news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the sale, the insider now owns 5,798 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Insiders own 23.50% of the company’s stock.

Hyatt Hotels Price Performance

Shares of NYSE:H opened at $145.87 on Friday. The stock has a market cap of $14.01 billion, a PE ratio of 11.73 and a beta of 1.48. The company’s fifty day moving average is $155.64 and its 200 day moving average is $152.44. Hyatt Hotels Co. has a 52 week low of $128.91 and a 52 week high of $168.20. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter in the previous year, the business earned $0.64 EPS. Research analysts anticipate that Hyatt Hotels Co. will post 3.31 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date is Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.82%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group increased their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research report on Thursday, January 2nd. Deutsche Bank Aktiengesellschaft increased 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. Barclays reduced their target price on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a research report on Friday, February 14th. Robert W. Baird reduced their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Mizuho reduced their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $162.29.

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.