Keystone Investors PTE Ltd. Acquires New Shares in Hyatt Hotels Corporation $H

Keystone Investors PTE Ltd. acquired a new stake in Hyatt Hotels Corporation (NYSE:H) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 31,600 shares of the company’s stock, valued at approximately $5,066,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Johnson Financial Group Inc. lifted its stake in shares of Hyatt Hotels by 450.0% in the 3rd quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock valued at $25,000 after purchasing an additional 144 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Hyatt Hotels in the 4th quarter valued at $26,000. EverSource Wealth Advisors LLC lifted its stake in shares of Hyatt Hotels by 98.2% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock valued at $31,000 after purchasing an additional 107 shares during the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of Hyatt Hotels in the 4th quarter valued at $34,000. Finally, Measured Wealth Private Client Group LLC bought a new position in Hyatt Hotels in the 3rd quarter worth $34,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Price Performance

NYSE H opened at $199.45 on Friday. Hyatt Hotels Corporation has a twelve month low of $127.59 and a twelve month high of $200.47. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.60 and a current ratio of 0.60. The stock has a market capitalization of $18.78 billion, a PE ratio of -569.86 and a beta of 1.33. The stock has a 50-day simple moving average of $170.74 and a 200 day simple moving average of $163.62.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.06. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. Hyatt Hotels had a negative net margin of 0.48% and a positive return on equity of 6.01%. During the same quarter in the previous year, the firm posted $0.46 EPS. Research analysts anticipate that Hyatt Hotels Corporation will post 3.58 EPS for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 29th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.60 dividend on an annualized basis and a yield of 0.3%. Hyatt Hotels’s payout ratio is presently -171.43%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on H shares. Susquehanna cut their target price on shares of Hyatt Hotels from $185.00 to $180.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Sanford C. Bernstein boosted their target price on shares of Hyatt Hotels from $186.00 to $202.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Barclays boosted their price objective on Hyatt Hotels from $197.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Stifel Nicolaus set a $182.00 price objective on Hyatt Hotels in a research report on Friday, May 29th. Finally, Mizuho boosted their price objective on Hyatt Hotels from $219.00 to $221.00 and gave the stock an “outperform” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Hyatt Hotels presently has an average rating of “Moderate Buy” and an average target price of $192.40.

Insiders Place Their Bets

In related news, Director Susan D. Kronick sold 1,119 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $174.51, for a total value of $195,276.69. Following the sale, the director owned 31,225 shares of the company’s stock, valued at $5,449,074.75. The trade was a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jnp 2010-Pg Trust sold 213,434 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $167.75, for a total transaction of $35,803,553.50. Following the completion of the sale, the insider directly owned 213,434 shares in the company, valued at approximately $35,803,553.50. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 237,458 shares of company stock valued at $40,093,807 over the last 90 days. Company insiders own 23.60% of the company’s stock.

Hyatt Hotels Company 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.