Sequoia Financial Advisors LLC Has $497,000 Position in Hyatt Hotels Co. (NYSE:H)

Sequoia Financial Advisors LLC decreased its stake in Hyatt Hotels Co. (NYSE:H) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,166 shares of the company’s stock after selling 209 shares during the period. Sequoia Financial Advisors LLC’s holdings in Hyatt Hotels were worth $497,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in H. Versant Capital Management Inc lifted its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares during the period. UMB Bank n.a. raised 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 acquiring an additional 104 shares in the last quarter. iA Global Asset Management Inc. acquired a new position in shares of Hyatt Hotels in the 3rd quarter valued at about $51,000. Venturi Wealth Management LLC boosted its position in shares of Hyatt Hotels by 750.0% during the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after purchasing an additional 300 shares in the last quarter. Finally, Fifth Third Bancorp grew its stake in Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after purchasing an additional 113 shares during the period. 73.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the transaction, the director now directly owns 37,927 shares of the company’s stock, valued at approximately $5,377,290.06. This represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 23.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Robert W. Baird cut their price target on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a report on Wednesday, February 19th. Evercore ISI upgraded shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target for the company in a report on Wednesday, March 5th. Morgan Stanley dropped their price objective on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 4th. Barclays reduced their target price on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating for the company in a research note on Friday, February 14th. Finally, Macquarie dropped their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Hyatt Hotels currently has a consensus rating of “Hold” and a consensus price target of $162.24.

Hyatt Hotels Trading Up 3.6 %

Shares of H stock opened at $126.59 on Tuesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market capitalization of $12.17 billion, a price-to-earnings ratio of 10.18 and a beta of 1.51. Hyatt Hotels Co. has a 52-week low of $119.30 and a 52-week high of $168.20. The company has a 50-day simple moving average of $147.74 and a two-hundred day simple moving average of $151.78.

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

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.82%.

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.