Hyatt Hotels Co. (NYSE:H) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC reduced its holdings in Hyatt Hotels Co. (NYSE:H) by 1.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,000 shares of the company’s stock after selling 1,000 shares during the quarter. Calamos Advisors LLC’s holdings in Hyatt Hotels were worth $12,128,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in H. First Manhattan CO. LLC. acquired a new stake in Hyatt Hotels during the first quarter worth about $25,000. Quarry LP acquired a new stake in Hyatt Hotels during the first quarter worth about $26,000. Janiczek Wealth Management LLC increased its stake in Hyatt Hotels by 597.5% during the third quarter. Janiczek Wealth Management LLC now owns 279 shares of the company’s stock worth $30,000 after acquiring an additional 239 shares during the last quarter. UniSuper Management Pty Ltd acquired a new stake in Hyatt Hotels during the second quarter worth about $34,000. Finally, Money Concepts Capital Corp increased its stake in Hyatt Hotels by 335.2% during the fourth quarter. Money Concepts Capital Corp now owns 383 shares of the company’s stock worth $35,000 after acquiring an additional 295 shares during the last quarter. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Hyatt Hotels Trading Down 1.0 %

Shares of H opened at $146.34 on Friday. The company has a market capitalization of $14.81 billion, a P/E ratio of 71.74, a P/E/G ratio of 21.09 and a beta of 1.49. Hyatt Hotels Co. has a one year low of $96.77 and a one year high of $161.50. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. The stock has a 50-day moving average price of $151.31 and a 200 day moving average price of $130.13.

Hyatt Hotels (NYSE:H) last released its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.26. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the business posted $2.55 EPS. Sell-side analysts forecast that Hyatt Hotels Co. will post 3.24 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Shareholders of record on Wednesday, February 28th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.41%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio is presently 29.41%.

Wall Street Analysts Forecast Growth

H has been the subject of several research analyst reports. Morgan Stanley lowered Hyatt Hotels from an “overweight” rating to an “equal weight” rating and upped their price target for the stock from $149.00 to $156.00 in a research note on Monday, March 11th. Wells Fargo & Company upped their target price on Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research report on Monday, February 26th. JPMorgan Chase & Co. upped their target price on Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 1st. Stifel Nicolaus upped their target price on Hyatt Hotels from $146.00 to $154.00 and gave the stock a “hold” rating in a research report on Thursday, April 11th. Finally, TD Cowen upped their target price on Hyatt Hotels from $95.00 to $160.00 and gave the stock a “market perform” rating in a research report on Thursday, March 21st. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $142.00.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark Samuel Hoplamazian sold 75,457 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total transaction of $11,957,670.79. Following the transaction, the insider now owns 459,000 shares of the company’s stock, valued at approximately $72,737,730. The transaction was disclosed in a document filed with the SEC, which is available at this link. In other news, insider Mark Samuel Hoplamazian sold 75,457 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total transaction of $11,957,670.79. Following the sale, the insider now directly owns 459,000 shares in the company, valued at approximately $72,737,730. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Traubert Foundation Pritzker sold 704,229 shares of the stock in a transaction that occurred on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total value of $111,247,055.13. The disclosure for this sale can be found here. Insiders have sold a total of 2,077,803 shares of company stock valued at $325,526,849 in the last quarter. Insiders own 23.50% of the company’s stock.

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.