Quantbot Technologies LP Has $2.98 Million Stock Position in Hyatt Hotels Co. (NYSE:H)

Quantbot Technologies LP lowered its stake in Hyatt Hotels Co. (NYSE:H) by 47.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,993 shares of the company’s stock after selling 16,940 shares during the quarter. Quantbot Technologies LP’s holdings in Hyatt Hotels were worth $2,982,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on H shares. Morgan Stanley reduced their price objective on Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating for the company in a report on Tuesday, March 4th. Robert W. Baird cut their price target on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. JPMorgan Chase & Co. boosted their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Truist Financial cut their price target on Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating for the company in a research note on Friday. Finally, Macquarie cut their price target on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $161.97.

Hyatt Hotels Stock Down 1.8 %

Shares of NYSE:H opened at $121.68 on Friday. The company has a fifty day moving average of $145.42 and a 200-day moving average of $151.00. The company has a market capitalization of $11.70 billion, a PE ratio of 9.78 and a beta of 1.51. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. Hyatt Hotels Co. has a 52-week low of $116.13 and a 52-week high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly 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). The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter last year, the company posted $0.64 earnings per share. On average, equities analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

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

Insider Activity at Hyatt Hotels

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the sale, the insider now owns 9,337 shares of the company’s stock, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Kinsey Wolf sold 1,000 shares of the company’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now directly owns 811 shares in the company, valued at $99,712.45. This trade represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock worth $1,517,798 over the last three months. 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.