Securian Asset Management Inc. Trims Stake in Hyatt Hotels Co. (NYSE:H)

Securian Asset Management Inc. reduced its stake in shares of Hyatt Hotels Co. (NYSE:H) by 6.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,197 shares of the company’s stock after selling 235 shares during the quarter. Securian Asset Management Inc.’s holdings in Hyatt Hotels were worth $502,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of H. Versant Capital Management Inc grew its holdings in Hyatt Hotels by 583.3% in the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares during the period. UMB Bank n.a. grew its holdings in Hyatt Hotels by 99.0% in the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after purchasing an additional 104 shares during the period. iA Global Asset Management Inc. acquired a new stake in Hyatt Hotels in the third quarter valued at approximately $51,000. Venturi Wealth Management LLC grew its holdings in Hyatt Hotels by 750.0% in the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after purchasing an additional 300 shares during the period. Finally, Fifth Third Bancorp grew its holdings in Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after purchasing an additional 113 shares during the period. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Hyatt Hotels Price Performance

NYSE:H opened at $126.59 on Tuesday. Hyatt Hotels Co. has a 52 week low of $119.30 and a 52 week high of $168.20. 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 company has a market capitalization of $12.17 billion, a P/E ratio of 10.18 and a beta of 1.51. The stock’s fifty day moving average is $147.74 and its two-hundred day moving average is $151.78.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the prior year, the firm earned $0.64 EPS. Equities analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were given a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.47%. Hyatt Hotels’s dividend payout ratio is currently 4.82%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Barclays lowered their price target on 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. Susquehanna lifted their price target on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 25th. Robert W. Baird lowered their price target on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, Wells Fargo & Company lowered their price target on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of “Hold” and an average target price of $162.24.

Insider Activity at Hyatt Hotels

In related news, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company 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.