Blue Trust Inc. Grows Stake in Hyatt Hotels Co. (NYSE:H)

Blue Trust Inc. lifted its position in Hyatt Hotels Co. (NYSE:H) by 78.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 581 shares of the company’s stock after buying an additional 256 shares during the period. Blue Trust Inc.’s holdings in Hyatt Hotels were worth $88,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Hedeker Wealth LLC lifted its position in Hyatt Hotels by 54.3% during the fourth quarter. Hedeker Wealth LLC now owns 15,777 shares of the company’s stock valued at $2,477,000 after purchasing an additional 5,554 shares in the last quarter. Bleakley Financial Group LLC purchased a new position in Hyatt Hotels during the fourth quarter valued at $214,000. Retirement Systems of Alabama lifted its position in Hyatt Hotels by 9.0% during the fourth quarter. Retirement Systems of Alabama now owns 124,884 shares of the company’s stock valued at $19,604,000 after purchasing an additional 10,271 shares in the last quarter. Hunter Associates Investment Management LLC lifted its position in Hyatt Hotels by 4.2% during the fourth quarter. Hunter Associates Investment Management LLC now owns 17,795 shares of the company’s stock valued at $2,791,000 after purchasing an additional 718 shares in the last quarter. Finally, Mediolanum International Funds Ltd purchased a new position in Hyatt Hotels during the fourth quarter valued at $324,000. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the transaction, the insider now owns 5,798 shares in the company, valued at $927,622.02. The trade was a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 23.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Robert W. Baird lowered their target price on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their price objective on Hyatt Hotels from $120.00 to $127.00 and gave the company a “hold” rating in a research report on Friday, November 1st. HSBC downgraded Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research report on Friday, November 1st. Hsbc Global Res upgraded Hyatt Hotels to a “hold” rating in a research report on Friday, November 1st. Finally, Morgan Stanley lowered their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating on the stock in a research report on Monday, November 18th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Hyatt Hotels presently has an average rating of “Hold” and an average price target of $162.29.

Hyatt Hotels Trading Down 3.8 %

Shares of NYSE H opened at $140.20 on Friday. The business’s 50 day moving average is $155.26 and its two-hundred day moving average is $152.63. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels Co. has a 1-year low of $128.91 and a 1-year high of $168.20. The stock has a market capitalization of $13.48 billion, a P/E ratio of 11.27 and a beta of 1.48.

Hyatt Hotels (NYSE:H) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm earned $0.64 earnings per share. As a group, research analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.43%. Hyatt Hotels’s payout ratio is currently 4.82%.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.