Fiera Capital Corp Raises Stake in Hyatt Hotels Co. (NYSE:H)

Fiera Capital Corp boosted its position in shares of Hyatt Hotels Co. (NYSE:H) by 1.2% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 574,045 shares of the company’s stock after acquiring an additional 6,896 shares during the period. Fiera Capital Corp owned about 0.57% of Hyatt Hotels worth $87,209,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of H. Commonwealth Equity Services LLC lifted its stake in Hyatt Hotels by 11.3% during the second quarter. Commonwealth Equity Services LLC now owns 2,310 shares of the company’s stock worth $351,000 after purchasing an additional 235 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its position in shares of Hyatt Hotels by 167.9% during the 2nd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 13,894 shares of the company’s stock worth $2,111,000 after buying an additional 8,708 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Hyatt Hotels by 6.5% in the 2nd quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock valued at $401,827,000 after buying an additional 162,562 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its position in shares of Hyatt Hotels by 4.2% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 26,680 shares of the company’s stock valued at $4,053,000 after buying an additional 1,068 shares during the last quarter. Finally, Whittier Trust Co. grew its position in shares of Hyatt Hotels by 5.0% in the 2nd quarter. Whittier Trust Co. now owns 54,409 shares of the company’s stock valued at $8,266,000 after buying an additional 2,605 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $149.77, for a total value of $7,696,380.76. Following the sale, the insider now directly owns 623,556 shares of the company’s stock, valued at $93,389,982.12. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of Hyatt Hotels stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $149.77, for a total value of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares in the company, valued at $93,389,982.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael A. Rocca sold 1,189 shares of the company’s stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of $149.52, for a total value of $177,779.28. Following the sale, the director now owns 20,219 shares of the company’s stock, valued at $3,023,144.88. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 96,796 shares of company stock worth $14,424,763. 23.50% of the stock is owned by company insiders.

Hyatt Hotels Trading Up 1.9 %

Shares of H opened at $151.92 on Tuesday. Hyatt Hotels Co. has a 1-year low of $96.77 and a 1-year high of $162.24. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a 50 day simple moving average of $147.11 and a 200-day simple moving average of $149.61. The stock has a market cap of $15.24 billion, a price-to-earnings ratio of 23.59 and a beta of 1.51.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.58. The firm had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.76 billion. Hyatt Hotels had a return on equity of 10.25% and a net margin of 14.55%. During the same quarter last year, the business posted $0.82 EPS. Equities analysts forecast that Hyatt Hotels Co. will post 3.97 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 10th. Investors of record on Tuesday, August 27th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 27th. This represents a $0.60 annualized dividend and a yield of 0.39%. Hyatt Hotels’s payout ratio is currently 9.32%.

Analyst Ratings Changes

Several research firms have commented on H. Barclays lifted their price target on Hyatt Hotels from $153.00 to $159.00 and gave the stock an “equal weight” rating in a research report on Friday, May 10th. Stifel Nicolaus upped their price target on shares of Hyatt Hotels from $141.00 to $151.00 and gave the company a “hold” rating in a research report on Tuesday, August 20th. Sanford C. Bernstein decreased their price target on shares of Hyatt Hotels from $185.00 to $178.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Macquarie reduced their target price on shares of Hyatt Hotels from $168.00 to $164.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. Finally, Morgan Stanley decreased their target price on shares of Hyatt Hotels from $161.00 to $153.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $148.50.

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.