Fjarde AP Fonden Fourth Swedish National Pension Fund Acquires 1,400 Shares of Hyatt Hotels Co. (NYSE:H)

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Hyatt Hotels Co. (NYSE:H) by 86.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,022 shares of the company’s stock after buying an additional 1,400 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Hyatt Hotels were worth $474,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Geode Capital Management LLC grew its position in shares of Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after buying an additional 7,440 shares in the last quarter. TT International Asset Management LTD bought a new position in shares of Hyatt Hotels during the 4th quarter worth $5,283,000. Assetmark Inc. grew its position in shares of Hyatt Hotels by 162.2% during the 3rd quarter. Assetmark Inc. now owns 49,041 shares of the company’s stock worth $7,464,000 after buying an additional 30,339 shares in the last quarter. Bamco Inc. NY grew its position in shares of Hyatt Hotels by 1.3% during the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after buying an additional 68,608 shares in the last quarter. Finally, Icon Wealth Advisors LLC grew its position in shares of Hyatt Hotels by 17,641.6% during the 3rd quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock worth $20,009,000 after buying an additional 130,724 shares in the last quarter. Institutional investors own 73.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. JPMorgan Chase & Co. increased their price target on Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. The Goldman Sachs Group increased their price target on Hyatt Hotels from $151.00 to $167.00 and gave the stock a “neutral” rating in a research report on Tuesday, December 10th. Robert W. Baird decreased their price objective on Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating for the company in a research note on Wednesday, February 19th. HSBC cut Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research note on Friday, November 1st. Finally, Morgan Stanley decreased their price objective on Hyatt Hotels from $160.00 to $153.00 and set an “equal weight” rating for the company in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $162.55.

Hyatt Hotels Trading Up 1.0 %

Hyatt Hotels stock opened at $139.91 on Thursday. Hyatt Hotels Co. has a one year low of $128.91 and a one year high of $168.20. The stock has a market cap of $13.45 billion, a PE ratio of 11.25 and a beta of 1.48. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50-day moving average of $154.22 and a two-hundred day moving average of $152.75.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) 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 firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the business earned $0.64 earnings per share. On average, research analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

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

About Hyatt Hotels

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.