Barclays PLC raised its position in Hyatt Hotels Co. (NYSE:H) by 165.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,821 shares of the company’s stock after acquiring an additional 140,595 shares during the quarter. Barclays PLC owned 0.21% of Hyatt Hotels worth $15,265,000 at the end of the most recent quarter.
A number of other large investors have also recently modified their holdings of H. Select Equity Group L.P. boosted its holdings in Hyatt Hotels by 116.4% in the third quarter. Select Equity Group L.P. now owns 1,509,904 shares of the company’s stock worth $120,173,000 after purchasing an additional 812,192 shares during the period. JPMorgan Chase & Co. boosted its holdings in Hyatt Hotels by 110.2% in the third quarter. JPMorgan Chase & Co. now owns 1,106,350 shares of the company’s stock worth $88,055,000 after purchasing an additional 580,125 shares during the period. MARSHALL WACE ASIA Ltd boosted its holdings in Hyatt Hotels by 40.2% in the third quarter. MARSHALL WACE ASIA Ltd now owns 659,188 shares of the company’s stock worth $52,465,000 after purchasing an additional 188,924 shares during the period. FMR LLC boosted its holdings in Hyatt Hotels by 35.0% in the third quarter. FMR LLC now owns 626,696 shares of the company’s stock worth $49,878,000 after purchasing an additional 162,336 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Hyatt Hotels by 67.4% in the third quarter. Bank of New York Mellon Corp now owns 349,395 shares of the company’s stock worth $27,810,000 after purchasing an additional 140,616 shares during the period. 35.43% of the stock is owned by institutional investors.
In related news, insider David Udell sold 6,486 shares of Hyatt Hotels stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $74.00, for a total transaction of $479,964.00. Following the sale, the insider now directly owns 10,000 shares in the company, valued at $740,000. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jnp Parachute Mirror Trust B sold 2,246 shares of Hyatt Hotels stock in a transaction dated Wednesday, December 26th. The shares were sold at an average price of $64.99, for a total transaction of $145,967.54. The disclosure for this sale can be found here. Company insiders own 18.40% of the company’s stock.
H stock opened at $72.38 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $7.67 billion, a price-to-earnings ratio of 36.56, a P/E/G ratio of 5.04 and a beta of 1.09. Hyatt Hotels Co. has a 1 year low of $63.45 and a 1 year high of $84.89.
Hyatt Hotels (NYSE:H) last posted its earnings results on Wednesday, February 13th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.40. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Hyatt Hotels had a return on equity of 5.93% and a net margin of 17.26%. During the same period last year, the business posted $0.23 earnings per share. As a group, analysts predict that Hyatt Hotels Co. will post 1.31 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, March 11th. Shareholders of record on Wednesday, February 27th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 1.05%. This is a boost from Hyatt Hotels’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, February 26th. Hyatt Hotels’s dividend payout ratio (DPR) is presently 38.38%.
A number of equities analysts have commented on the stock. SunTrust Banks lifted their price objective on shares of Hyatt Hotels from $78.00 to $82.00 and gave the stock a “hold” rating in a report on Tuesday, February 19th. Robert W. Baird set a $89.00 price objective on shares of Hyatt Hotels and gave the stock a “buy” rating in a report on Friday, February 15th. Deutsche Bank reaffirmed a “hold” rating and issued a $75.00 price objective on shares of Hyatt Hotels in a report on Sunday, February 17th. Raymond James reaffirmed a “hold” rating on shares of Hyatt Hotels in a report on Wednesday, February 13th. Finally, Wells Fargo & Co reaffirmed a “buy” rating on shares of Hyatt Hotels in a report on Friday, January 25th. Fourteen analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $79.17.
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Hyatt Hotels Profile
Hyatt Hotels Corporation, a hospitality company, develops, owns, operates, manages, franchises, licenses, or provides services to hotels, resorts, residential, and other properties. It operates in four segments: Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, and EAME/SW Asia Management and Franchising.
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