AlphaQuest LLC Sells 194 Shares of Hyatt Hotels Co. (NYSE:H)

AlphaQuest LLC trimmed its position in Hyatt Hotels Co. (NYSE:H) by 13.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,249 shares of the company’s stock after selling 194 shares during the quarter. AlphaQuest LLC’s holdings in Hyatt Hotels were worth $196,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of H. Versant Capital Management Inc boosted its position in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after acquiring an additional 175 shares in the last quarter. UMB Bank n.a. lifted its stake in Hyatt Hotels by 99.0% in the 4th quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after purchasing an additional 104 shares during the last quarter. iA Global Asset Management Inc. bought a new position in shares of Hyatt Hotels during the third quarter valued at $51,000. Venturi Wealth Management LLC raised its stake in shares of Hyatt Hotels by 750.0% during the fourth quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after acquiring an additional 300 shares during the last quarter. Finally, Fifth Third Bancorp raised its stake in shares of Hyatt Hotels by 31.9% during the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock valued at $73,000 after acquiring an additional 113 shares during the last quarter. 73.54% of the stock is owned by institutional investors.

Hyatt Hotels Trading Up 1.2 %

NYSE H opened at $122.28 on Monday. Hyatt Hotels Co. has a 12 month low of $119.30 and a 12 month high of $168.20. The company’s 50-day moving average price is $148.28 and its 200-day moving average price is $151.94. The stock has a market cap of $11.76 billion, a PE ratio of 9.83 and a beta of 1.51. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87.

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

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.49%. Hyatt Hotels’s payout ratio is 4.82%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on H shares. Macquarie decreased their price objective on shares of Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating for the company in a research report on Friday, February 14th. Robert W. Baird reduced their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a report on Wednesday, February 19th. Truist Financial raised their price target on shares of Hyatt Hotels from $158.00 to $163.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Wells Fargo & Company lowered their price objective on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 4th. Finally, Barclays lowered their price target on shares of Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $162.24.

Insider Transactions at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the transaction, the director now owns 37,927 shares in the company, valued at approximately $5,377,290.06. This trade represents a 4.05 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 23.50% of the company’s stock.

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.