Hyatt Hotels Co. (NYSE:H) Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC decreased its position in Hyatt Hotels Co. (NYSE:H) by 56.9% in the 4th quarter, HoldingsChannel reports. The firm owned 2,684 shares of the company’s stock after selling 3,547 shares during the period. Emerald Advisers LLC’s holdings in Hyatt Hotels were worth $421,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Hyatt Hotels in the fourth quarter valued at approximately $77,136,000. KBC Group NV grew its stake in Hyatt Hotels by 978.3% in the 4th quarter. KBC Group NV now owns 108,966 shares of the company’s stock worth $17,106,000 after acquiring an additional 98,861 shares during the period. Bamco Inc. NY raised its holdings in Hyatt Hotels by 1.3% in the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock valued at $834,574,000 after acquiring an additional 68,608 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in shares of Hyatt Hotels by 87.2% during the third quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock worth $21,431,000 after purchasing an additional 65,577 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in shares of Hyatt Hotels by 3.3% in the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock valued at $267,192,000 after purchasing an additional 56,082 shares during the period. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on H shares. The Goldman Sachs Group reduced their target price on Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. boosted their target price on shares of Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a report on Friday, December 13th. Evercore ISI raised shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 price target on the stock in a research note on Wednesday, March 5th. StockNews.com cut shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, February 17th. Finally, Macquarie cut their target price on Hyatt Hotels from $172.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $161.97.

Insider Buying and Selling

In related 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 transaction of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Kinsey Wolf sold 1,000 shares of the business’s stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now owns 811 shares of the company’s stock, valued at approximately $99,712.45. The trade was a 55.22 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 12,600 shares of company stock worth $1,517,798. Insiders own 23.50% of the company’s stock.

Hyatt Hotels Price Performance

H opened at $121.68 on Monday. Hyatt Hotels Co. has a twelve month low of $116.13 and a twelve month high of $168.20. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The firm has a market cap of $11.70 billion, a price-to-earnings ratio of 9.78 and a beta of 1.51. The company has a fifty day simple moving average of $145.42 and a 200 day simple moving average of $151.02.

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

Hyatt Hotels Announces Dividend

The firm also recently announced 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. This represents a $0.60 annualized dividend and a dividend yield of 0.49%. The ex-dividend date was Friday, February 28th. Hyatt Hotels’s dividend payout ratio (DPR) is currently 4.82%.

Hyatt Hotels 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.