Fjarde AP Fonden Fourth Swedish National Pension Fund Purchases 10,050 Shares of Hyatt Hotels Corporation $H

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its position in Hyatt Hotels Corporation (NYSE:H) by 285.3% in the first quarter, Holdings Channel.com reports. The fund owned 13,572 shares of the company’s stock after buying an additional 10,050 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Hyatt Hotels were worth $1,952,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Johnson Financial Group Inc. raised its stake in shares of Hyatt Hotels by 450.0% in the third 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. Los Angeles Capital Management LLC acquired a new stake in Hyatt Hotels during the fourth quarter worth $26,000. DV Equities LLC acquired a new position in shares of Hyatt Hotels in the 4th quarter valued at $32,000. Ares Financial Consulting LLC acquired a new position 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 shares of Hyatt Hotels during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on H shares. Robert W. Baird upped their target price on shares of Hyatt Hotels from $183.00 to $185.00 and gave the company a “neutral” rating in a research note on Monday, June 1st. Sanford C. Bernstein lifted their price objective on Hyatt Hotels from $186.00 to $202.00 and gave the company an “outperform” rating in a report on Friday, May 15th. Morgan Stanley upped their price objective on Hyatt Hotels from $195.00 to $208.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. JPMorgan Chase & Co. increased their target price on Hyatt Hotels from $186.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Finally, Mizuho upped their price target on Hyatt Hotels from $219.00 to $221.00 and gave the company an “outperform” rating in a research report on Friday, May 29th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $194.36.

Insider Activity at Hyatt Hotels

In related news, Director Cary D. Mcmillan sold 1,119 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $174.96, for a total value of $195,780.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jnp 2010-Pg Trust sold 213,434 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $167.75, for a total value of $35,803,553.50. Following the transaction, the insider owned 213,434 shares of the company’s stock, valued at $35,803,553.50. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 236,658 shares of company stock worth $39,977,159. 23.60% of the stock is owned by company insiders.

Hyatt Hotels Stock Up 1.1%

Shares of NYSE:H opened at $193.39 on Tuesday. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market cap of $18.21 billion, a price-to-earnings ratio of -552.54 and a beta of 1.32. The company has a 50 day moving average of $182.89 and a 200-day moving average of $167.68. Hyatt Hotels Corporation has a one year low of $133.51 and a one year high of $206.86.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data 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 negative net margin of 0.48% and a positive return on equity of 6.01%. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.74 billion. During the same period in the prior year, the business posted $0.46 earnings per share. On average, sell-side analysts forecast that Hyatt Hotels Corporation will post 3.58 earnings per share for the current year.

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.