Eurizon Capital SGR S.p.A. Purchases Shares of 3,600 Hyatt Hotels Corporation $H

Eurizon Capital SGR S.p.A. purchased a new stake in Hyatt Hotels Corporation (NYSE:H) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 3,600 shares of the company’s stock, valued at approximately $577,000.

Other hedge funds also recently bought and sold shares of the company. Johnson Financial Group Inc. raised its position in 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 in the last quarter. EverSource Wealth Advisors LLC raised its position in 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 in the last quarter. Ares Financial Consulting LLC acquired a new stake in Hyatt Hotels in the 4th quarter valued at about $34,000. Measured Wealth Private Client Group LLC acquired a new stake in Hyatt Hotels in the 3rd quarter valued at about $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Hyatt Hotels in the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Key Headlines Impacting Hyatt Hotels

Here are the key news stories impacting Hyatt Hotels this week:

• Positive Sentiment: CNBC’s “Final Trades” segment highlighted Hyatt, with BMO Capital Markets’ Belski and other commentators expressing support for the name, which can reinforce investor confidence. Article: American Airlines, Hyatt Hotels And More On CNBC’s ‘Final Trades’
• Positive Sentiment: Hyatt’s summer promotions, including member savings of up to 25% and bonus-point offers, could help drive bookings and occupancy during a key travel period. Article: World of Hyatt Debuts Global Summer Offers
• Positive Sentiment: Recent earnings showed Hyatt beat expectations on both EPS and revenue, and analysts have generally maintained a moderate buy view with several price-target increases, supporting the stock’s longer-term momentum. Reference: Hyatt Hotels stock page

Insider Buying and Selling

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,119 shares of Hyatt Hotels stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $174.51, for a total value of $195,276.69. Following the transaction, the director directly owned 31,225 shares in the company, valued at approximately $5,449,074.75. This trade represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David Udell sold 8,682 shares of Hyatt Hotels stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $172.00, for a total value of $1,493,304.00. Following the completion of the transaction, the insider owned 13,338 shares in the company, valued at $2,294,136. This trade represents a 39.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 237,458 shares of company stock worth $40,093,807. 23.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on H shares. Stifel Nicolaus set a $182.00 price target on Hyatt Hotels in a research report on Friday, May 29th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hyatt Hotels in a research report on Friday, March 27th. Wells Fargo & Company raised their target price on Hyatt Hotels from $167.00 to $171.00 and gave the stock an “equal weight” rating in a research report on Friday, February 13th. Citigroup raised their target price on Hyatt Hotels from $167.00 to $195.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Susquehanna cut their target price on Hyatt Hotels from $185.00 to $180.00 and set a “neutral” rating on the stock in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Hyatt Hotels presently has a consensus rating of “Moderate Buy” and a consensus price target of $191.00.

Hyatt Hotels Trading Up 0.5%

H opened at $186.18 on Thursday. The firm has a market cap of $17.53 billion, a price-to-earnings ratio of -531.93 and a beta of 1.33. Hyatt Hotels Corporation has a 52 week low of $127.59 and a 52 week high of $190.00. The business’s 50 day moving average is $163.76 and its two-hundred day moving average is $161.60. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 1.03.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, April 30th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.06. Hyatt Hotels had a positive return on equity of 6.01% and a negative net margin of 0.48%.The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.74 billion. During the same period last year, the business posted $0.46 EPS. On average, research analysts predict that Hyatt Hotels Corporation will post 3.59 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Friday, May 29th. Hyatt Hotels’s dividend payout ratio (DPR) is -171.43%.

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.