Hyatt Hotels Co. (NYSE:H) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund trimmed its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 5.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,642 shares of the company’s stock after selling 500 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Hyatt Hotels were worth $1,357,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bamco Inc. NY raised 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 purchasing an additional 68,608 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Hyatt Hotels by 1.8% in the 4th quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company’s stock valued at $422,960,000 after buying an additional 46,413 shares in the last quarter. Wellington Management Group LLP grew its holdings 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 in the last quarter. State Street Corp grew its holdings 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 in the last quarter. Finally, Geode Capital Management LLC grew its holdings 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 in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Price Performance

H opened at $140.93 on Friday. The stock’s 50-day moving average price is $153.53 and its 200 day moving average price is $152.83. Hyatt Hotels Co. has a 12-month low of $128.91 and a 12-month high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market cap of $13.55 billion, a price-to-earnings ratio of 11.33 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last posted 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). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.63 billion. During the same period in the previous year, the company posted $0.64 EPS. As a group, sell-side analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.43%. The ex-dividend date of this dividend is Friday, February 28th. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

Analysts Set New Price Targets

Several brokerages have issued reports on H. Truist Financial upped their target price on Hyatt Hotels from $158.00 to $163.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Robert W. Baird dropped their target price on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. Mizuho dropped their target price on Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a report on Friday, February 14th. Susquehanna upped their target price on Hyatt Hotels from $150.00 to $155.00 and gave the company a “neutral” rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. increased their price target on Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a report on Friday, December 13th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, Hyatt Hotels has a consensus rating of “Hold” and a consensus price target 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.