Hyatt Hotels Co. (NYSE:H) Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC boosted its position in Hyatt Hotels Co. (NYSE:H) by 6.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,607 shares of the company’s stock after buying an additional 329 shares during the quarter. Sanctuary Advisors LLC’s holdings in Hyatt Hotels were worth $892,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geode Capital Management LLC increased its stake in shares of Hyatt Hotels by 1.0% in the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after buying an additional 7,440 shares during the last quarter. TT International Asset Management LTD acquired a new position in Hyatt Hotels during the 4th quarter worth $5,283,000. Assetmark Inc. increased its position in shares of Hyatt Hotels by 162.2% in the 3rd 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 last quarter. Bamco Inc. NY raised its stake in shares of 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 in the last quarter. Finally, Icon Wealth Advisors LLC lifted its position 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 purchasing an additional 130,724 shares during the last quarter. 73.54% of the stock is owned by hedge funds and other institutional investors.

Hyatt Hotels Trading Down 0.3 %

NYSE:H opened at $139.41 on Friday. The stock has a market cap of $13.40 billion, a price-to-earnings ratio of 11.21 and a beta of 1.48. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a 1 year low of $128.91 and a 1 year high of $168.20. The business has a fifty day moving average of $153.90 and a 200-day moving average of $152.66.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same quarter in the prior year, the company earned $0.64 EPS. Equities analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Investors of record on Friday, February 28th will be issued a dividend of $0.15 per share. The ex-dividend date is Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.43%. Hyatt Hotels’s payout ratio is 4.82%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Jefferies Financial Group boosted their price target on Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a report on Thursday, January 2nd. Barclays reduced their price objective on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research note on Friday, February 14th. Susquehanna boosted their target price on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Truist Financial raised their price target on shares of Hyatt Hotels from $158.00 to $163.00 and gave the stock a “buy” rating in a research report on Tuesday, February 18th. One research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Hyatt Hotels currently has an average rating of “Hold” and a consensus target price of $162.55.

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.