Landscape Capital Management L.L.C. Has $3.25 Million Stock Position in Hyatt Hotels Co. (NYSE:H)

Landscape Capital Management L.L.C. increased its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 151.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,364 shares of the company’s stock after buying an additional 12,872 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Hyatt Hotels were worth $3,252,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Advisors Asset Management Inc. lifted its position in shares of Hyatt Hotels by 6.8% in the third quarter. Advisors Asset Management Inc. now owns 4,070 shares of the company’s stock worth $619,000 after purchasing an additional 260 shares in the last quarter. Commerce Bank increased its stake in Hyatt Hotels by 18.7% in the 3rd quarter. Commerce Bank now owns 49,474 shares of the company’s stock valued at $7,530,000 after buying an additional 7,808 shares during the last quarter. SouthState Corp lifted its position in Hyatt Hotels by 14.2% during the 3rd quarter. SouthState Corp now owns 27,092 shares of the company’s stock worth $4,123,000 after buying an additional 3,364 shares in the last quarter. Quest Partners LLC boosted its stake in shares of Hyatt Hotels by 1,073.2% during the 3rd quarter. Quest Partners LLC now owns 1,443 shares of the company’s stock worth $220,000 after buying an additional 1,320 shares during the last quarter. Finally, AMG National Trust Bank grew its holdings in shares of Hyatt Hotels by 0.5% in the 3rd quarter. AMG National Trust Bank now owns 50,883 shares of the company’s stock valued at $7,744,000 after acquiring an additional 241 shares in the last quarter. 71.02% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 51,388 shares of the company’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 completion of the transaction, the insider now directly owns 623,556 shares in the company, valued at approximately $93,389,982.12. This represents a 7.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 23.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on H shares. Bank of America increased their price target on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Robert W. Baird raised their target price on shares of Hyatt Hotels from $157.00 to $158.00 and gave the company a “neutral” rating in a research note on Monday, November 4th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Hyatt Hotels from $120.00 to $127.00 and gave the stock a “hold” rating in a research report on Friday, November 1st. Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Finally, Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Fifteen research 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, Hyatt Hotels has an average rating of “Hold” and a consensus target price of $151.57.

Hyatt Hotels Stock Performance

Shares of Hyatt Hotels stock opened at $154.85 on Thursday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market cap of $14.87 billion, a PE ratio of 11.67 and a beta of 1.50. The company has a 50 day moving average of $152.45 and a 200-day moving average of $149.26. Hyatt Hotels Co. has a 1-year low of $112.85 and a 1-year high of $162.24.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the business posted $0.70 EPS. As a group, equities research analysts forecast that Hyatt Hotels Co. will post 3.91 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a $0.15 dividend. The ex-dividend date is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.52%.

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.