Motley Fool Asset Management LLC Sells 226 Shares of Hyatt Hotels Co. (NYSE:H)

Motley Fool Asset Management LLC decreased its position in shares of Hyatt Hotels Co. (NYSE:H) by 11.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,672 shares of the company’s stock after selling 226 shares during the period. Motley Fool Asset Management LLC’s holdings in Hyatt Hotels were worth $218,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its position in shares of Hyatt Hotels by 0.5% during the third quarter. Principal Financial Group Inc. now owns 2,256,479 shares of the company’s stock valued at $239,367,000 after buying an additional 11,041 shares during the last quarter. Morgan Stanley raised its position in shares of Hyatt Hotels by 1.1% during the third quarter. Morgan Stanley now owns 2,194,911 shares of the company’s stock valued at $232,836,000 after buying an additional 24,121 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Hyatt Hotels by 33.3% during the third quarter. Canada Pension Plan Investment Board now owns 903,230 shares of the company’s stock valued at $95,815,000 after buying an additional 225,530 shares during the last quarter. Cadian Capital Management LP raised its position in shares of Hyatt Hotels by 7.2% during the third quarter. Cadian Capital Management LP now owns 621,800 shares of the company’s stock valued at $65,961,000 after buying an additional 41,800 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Hyatt Hotels by 25.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 524,383 shares of the company’s stock valued at $55,627,000 after purchasing an additional 105,816 shares in the last quarter. Institutional investors own 71.02% of the company’s stock.

Analyst Upgrades and Downgrades

H has been the subject of a number of recent research reports. Royal Bank of Canada raised their target price on shares of Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a report on Wednesday, February 14th. Robert W. Baird raised their target price on shares of Hyatt Hotels from $116.00 to $134.00 and gave the company a “neutral” rating in a report on Tuesday, February 13th. JPMorgan Chase & Co. raised their target price on shares of Hyatt Hotels from $162.00 to $172.00 and gave the company an “overweight” rating in a report on Friday, March 1st. Barclays cut their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating for the company in a report on Friday, April 19th. Finally, Wells Fargo & Company lifted their price objective on shares of Hyatt Hotels from $138.00 to $160.00 and gave the stock an “overweight” rating in a research note on Monday, February 26th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average target price of $141.88.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Joan Bottarini sold 4,250 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $128.72, for a total value of $547,060.00. Following the completion of the transaction, the insider now directly owns 11,301 shares in the company, valued at $1,454,664.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Mark Samuel Hoplamazian sold 75,457 shares of the business’s stock in a transaction dated 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 owns 459,000 shares in the company, valued at $72,737,730. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joan Bottarini sold 4,250 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $128.72, for a total value of $547,060.00. Following the sale, the insider now owns 11,301 shares in the company, valued at approximately $1,454,664.72. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,077,803 shares of company stock worth $325,526,849. 23.50% of the stock is owned by corporate insiders.

Hyatt Hotels Stock Up 0.1 %

NYSE:H opened at $151.36 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.59 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $153.22 and a 200-day simple moving average of $131.74. The company has a market cap of $15.31 billion, a price-to-earnings ratio of 74.20, a price-to-earnings-growth ratio of 21.58 and a beta of 1.49. Hyatt Hotels Co. has a twelve month low of $96.77 and a twelve month high of $161.50.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.26. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same period in the previous year, the company posted $2.55 earnings per share. Analysts anticipate that Hyatt Hotels Co. will post 3.24 EPS for the current year.

Hyatt Hotels Announces Dividend

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 $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.40%. Hyatt Hotels’s dividend payout ratio is presently 29.41%.

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.