Hyatt Hotels Corporation $H Stock Holdings Lifted by Tredje AP fonden

Tredje AP fonden lifted its position in Hyatt Hotels Corporation (NYSE:H) by 62.3% in the 3rd quarter, Holdings Channel reports. The fund owned 13,069 shares of the company’s stock after buying an additional 5,018 shares during the period. Tredje AP fonden’s holdings in Hyatt Hotels were worth $1,855,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quent Capital LLC acquired a new stake in Hyatt Hotels during the 3rd quarter valued at $34,000. MAI Capital Management grew its holdings in shares of Hyatt Hotels by 53.4% during the second quarter. MAI Capital Management now owns 270 shares of the company’s stock valued at $38,000 after buying an additional 94 shares in the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of Hyatt Hotels by 66.1% during the third quarter. Smartleaf Asset Management LLC now owns 274 shares of the company’s stock valued at $40,000 after buying an additional 109 shares in the last quarter. Hantz Financial Services Inc. raised its position in Hyatt Hotels by 18,500.0% during the second quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $52,000 after buying an additional 370 shares during the period. Finally, Allworth Financial LP lifted its stake in Hyatt Hotels by 350.5% in the 2nd quarter. Allworth Financial LP now owns 410 shares of the company’s stock worth $57,000 after acquiring an additional 319 shares in the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, insider Javier Aguila sold 9,548 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the completion of the sale, the insider owned 2,684 shares of the company’s stock, valued at $445,195.08. This represents a 78.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David Udell sold 4,300 shares of the stock in a transaction that occurred on Wednesday, November 26th. The shares were sold at an average price of $166.00, for a total value of $713,800.00. Following the transaction, the insider owned 13,746 shares in the company, valued at approximately $2,281,836. This trade represents a 23.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 23.70% of the company’s stock.

Hyatt Hotels Price Performance

NYSE H opened at $171.90 on Monday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. The stock has a market capitalization of $16.24 billion, a PE ratio of -306.97, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. Hyatt Hotels Corporation has a 12-month low of $102.43 and a 12-month high of $180.53. The company has a 50 day moving average price of $164.41 and a two-hundred day moving average price of $153.22.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, February 12th. The company reported $1.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a negative net margin of 0.73% and a positive return on equity of 5.53%. The business had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.78 billion. During the same quarter last year, the firm earned $0.42 EPS. As a group, equities analysts predict that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, March 2nd. Hyatt Hotels’s dividend payout ratio is -107.14%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on H shares. Truist Financial lifted their target price on Hyatt Hotels from $159.00 to $168.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Wells Fargo & Company raised their price target on shares of Hyatt Hotels from $167.00 to $171.00 and gave the stock an “equal weight” rating in a report on Friday, February 13th. Morgan Stanley upped their price objective on shares of Hyatt Hotels from $168.00 to $194.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. The Goldman Sachs Group initiated coverage on shares of Hyatt Hotels in a research note on Wednesday, January 14th. They set a “buy” rating and a $198.00 target price for the company. Finally, Barclays boosted their price target on shares of Hyatt Hotels from $198.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Hyatt Hotels presently has an average rating of “Moderate Buy” and a consensus target price of $175.06.

Hyatt Hotels Profile

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.