Hyatt Hotels Co. (NYSE:H) Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its stake in shares of Hyatt Hotels Co. (NYSE:H) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,581 shares of the company’s stock after selling 3,580 shares during the period. Tredje AP fonden’s holdings in Hyatt Hotels were worth $562,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of H. Bamco Inc. NY increased its position in shares of Hyatt Hotels by 1.3% in the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after acquiring an additional 68,608 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of Hyatt Hotels by 1.8% in the fourth quarter. Principal Financial Group Inc. now owns 2,694,357 shares of the company’s stock valued at $422,960,000 after purchasing an additional 46,413 shares during the period. Wellington Management Group LLP boosted its stake in shares of Hyatt Hotels by 3.3% in the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after purchasing an additional 56,082 shares during the period. State Street Corp boosted its stake in shares of Hyatt Hotels by 0.4% in the third quarter. State Street Corp now owns 1,441,148 shares of the company’s stock valued at $219,343,000 after purchasing an additional 6,007 shares during the period. Finally, Geode Capital Management LLC boosted 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 valued at $114,214,000 after purchasing an additional 7,440 shares during the period. Institutional investors and hedge funds own 73.54% of the company’s stock.

Insider Buying and Selling at Hyatt Hotels

In other news, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were 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 owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 23.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

H has been the subject of several analyst reports. StockNews.com downgraded shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Mizuho reduced their price objective on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating on the stock in a research note on Friday, February 14th. Morgan Stanley reduced 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 research note on Tuesday, March 4th. Evercore ISI upgraded shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price objective on the stock in a research note on Wednesday, March 5th. Finally, Barclays reduced their price objective on shares of 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. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $162.24.

Hyatt Hotels Stock Up 1.2 %

H stock opened at $122.28 on Friday. The stock has a market cap of $11.76 billion, a PE ratio of 9.83 and a beta of 1.51. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm’s 50-day simple moving average is $148.28 and its 200 day simple moving average is $151.90. Hyatt Hotels Co. has a fifty-two week low of $119.30 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.22). The company had revenue of $1.60 billion for the quarter, compared to analyst estimates 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 previous year, the business posted $0.64 EPS. As a group, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.49%. Hyatt Hotels’s payout ratio is 4.82%.

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.