Hyatt Hotels Corporation $H Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. boosted its stake in shares of Hyatt Hotels Corporation (NYSE:H) by 89.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,517 shares of the company’s stock after purchasing an additional 3,073 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Hyatt Hotels were worth $1,045,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Veritas Asset Management LLP raised its holdings in Hyatt Hotels by 827.9% in the fourth quarter. Veritas Asset Management LLP now owns 1,900,417 shares of the company’s stock valued at $304,675,000 after acquiring an additional 1,695,616 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Hyatt Hotels by 48.0% in the 4th quarter. Wellington Management Group LLP now owns 4,676,116 shares of the company’s stock valued at $749,675,000 after purchasing an additional 1,516,554 shares during the last quarter. Bank of America Corp DE increased its position in shares of Hyatt Hotels by 84.5% in the 2nd quarter. Bank of America Corp DE now owns 1,228,396 shares of the company’s stock valued at $171,545,000 after purchasing an additional 562,611 shares during the last quarter. Par Capital Management Inc. raised its holdings in shares of Hyatt Hotels by 551.8% in the 2nd quarter. Par Capital Management Inc. now owns 371,261 shares of the company’s stock valued at $51,847,000 after purchasing an additional 314,300 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Hyatt Hotels by 342.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 383,707 shares of the company’s stock worth $61,517,000 after purchasing an additional 296,931 shares during the last quarter. Hedge funds and other institutional investors own 73.54% of the company’s stock.

Insider Buying and Selling

In related news, insider Jnp 2010-Pg Trust sold 213,434 shares of the company’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $167.75, for a total value of $35,803,553.50. Following the completion of the sale, the insider owned 213,434 shares in the company, valued at $35,803,553.50. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Peter Sears sold 10,217 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $185.66, for a total transaction of $1,896,888.22. Following the transaction, the insider directly owned 6,374 shares in the company, valued at $1,183,396.84. The trade was a 61.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 236,658 shares of company stock valued at $39,977,159 in the last 90 days. Company insiders own 23.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on H shares. Wall Street Zen raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Saturday, May 23rd. JPMorgan Chase & Co. lifted their price target on Hyatt Hotels from $186.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Sanford C. Bernstein upped their price objective on Hyatt Hotels from $186.00 to $202.00 and gave the stock an “outperform” rating in a research report on Friday, May 15th. Stifel Nicolaus set a $182.00 target price on Hyatt Hotels in a research report on Friday, May 29th. Finally, Robert W. Baird boosted their target price on Hyatt Hotels from $183.00 to $185.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Ten equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $194.36.

Hyatt Hotels Stock Up 0.1%

H opened at $191.00 on Friday. Hyatt Hotels Corporation has a one year low of $133.51 and a one year high of $206.86. 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 $17.98 billion, a P/E ratio of -545.71 and a beta of 1.32. The business’s 50-day simple moving average is $181.80 and its 200-day simple moving average is $167.29.

Hyatt Hotels (NYSE:H) last announced its earnings results on Thursday, April 30th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Hyatt Hotels had a positive return on equity of 6.01% and a negative net margin of 0.48%.During the same period in the prior year, the firm earned $0.46 EPS. Analysts anticipate that Hyatt Hotels Corporation will post 3.58 EPS for the current year.

About Hyatt Hotels

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.