47,224 Shares in Hyatt Hotels Co. (NYSE:H) Purchased by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP bought a new stake in Hyatt Hotels Co. (NYSE:H) in the 4th quarter, Holdings Channel reports. The institutional investor bought 47,224 shares of the company’s stock, valued at approximately $7,413,000.

Several other institutional investors have also recently added to or reduced their stakes in H. Raymond James Financial Inc. acquired a new position in Hyatt Hotels in the 4th quarter valued at about $77,136,000. Invesco Ltd. raised its stake in Hyatt Hotels by 241.4% in the 4th quarter. Invesco Ltd. now owns 679,557 shares of the company’s stock valued at $106,677,000 after purchasing an additional 480,523 shares during the last quarter. Norges Bank acquired a new position in Hyatt Hotels in the 4th quarter valued at about $61,572,000. Alyeska Investment Group L.P. acquired a new position in Hyatt Hotels in the 4th quarter valued at about $43,953,000. Finally, Deutsche Bank AG raised its stake in Hyatt Hotels by 209.8% in the 4th quarter. Deutsche Bank AG now owns 255,563 shares of the company’s stock valued at $40,118,000 after purchasing an additional 173,075 shares during the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

H has been the subject of several analyst reports. The Goldman Sachs Group boosted their target price on shares of Hyatt Hotels from $110.00 to $123.00 and gave the company a “sell” rating in a research note on Friday, May 2nd. Stifel Nicolaus dropped their price objective on shares of Hyatt Hotels from $156.75 to $132.00 and set a “hold” rating for the company in a research note on Wednesday, April 16th. Mizuho dropped their price objective on shares of Hyatt Hotels from $207.00 to $201.00 and set an “outperform” rating for the company in a research note on Friday, February 14th. Susquehanna boosted their target price on Hyatt Hotels from $150.00 to $155.00 and gave the stock a “neutral” rating in a report on Tuesday, February 25th. Finally, Morgan Stanley decreased their price target on Hyatt Hotels from $127.00 to $112.00 and set an “equal weight” rating for the company in a report on Tuesday, April 22nd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $151.17.

Hyatt Hotels Stock Performance

H stock opened at $127.10 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market cap of $12.22 billion, a P/E ratio of 10.22 and a beta of 1.36. Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.20. The stock’s 50 day simple moving average is $118.74 and its 200 day simple moving average is $141.85.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.16. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.71 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same period in the prior year, the company posted $0.71 EPS. As a group, equities research analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Investors of record on Thursday, May 29th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.47%. The ex-dividend date is Thursday, May 29th. Hyatt Hotels’s dividend payout ratio is currently 7.79%.

Insider Activity at Hyatt Hotels

In other news, insider Kinsey Wolf sold 1,000 shares of the firm’s stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the transaction, the insider now directly owns 811 shares of the company’s stock, valued at approximately $99,712.45. This trade represents a 55.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. This trade represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,600 shares of company stock valued at $1,517,798. Corporate insiders own 23.70% of the company’s stock.

Hyatt Hotels Company 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.