Twin Capital Management Inc. Buys 572 Shares of Hyatt Hotels Co. (NYSE:H)

Twin Capital Management Inc. grew its position in shares of Hyatt Hotels Co. (NYSE:H) by 4.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,896 shares of the company’s stock after acquiring an additional 572 shares during the period. Twin Capital Management Inc.’s holdings in Hyatt Hotels were worth $2,181,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in H. Versant Capital Management Inc lifted its position in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after buying an additional 175 shares during the period. UMB Bank n.a. boosted 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 worth $33,000 after purchasing an additional 104 shares in the last quarter. iA Global Asset Management Inc. purchased a new stake in Hyatt Hotels during the 3rd quarter valued at about $51,000. Venturi Wealth Management LLC increased its stake in Hyatt Hotels by 750.0% during the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company’s stock valued at $53,000 after purchasing an additional 300 shares in the last quarter. Finally, Fifth Third Bancorp raised its holdings in Hyatt Hotels by 31.9% in the fourth quarter. Fifth Third Bancorp now owns 467 shares of the company’s stock worth $73,000 after buying an additional 113 shares during the last quarter. Institutional investors own 73.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on H shares. Morgan Stanley cut their price target on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 4th. The Goldman Sachs Group reduced their target price on Hyatt Hotels from $170.00 to $150.00 and set a “neutral” rating for the company in a report on Thursday, March 6th. Barclays lowered their price target on Hyatt Hotels from $162.00 to $151.00 and set an “equal weight” rating on the stock in a report on Friday, February 14th. JPMorgan Chase & Co. boosted their target price on Hyatt Hotels from $163.00 to $168.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Finally, Truist Financial reduced their price target on shares of Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating for the company in a research note on Friday, March 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $161.97.

Insider Activity at Hyatt Hotels

In other news, Director Susan D. Kronick sold 1,600 shares of the business’s stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now directly owns 37,927 shares in the company, valued at $5,377,290.06. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the completion of the transaction, the insider now owns 811 shares of the company’s stock, valued at approximately $99,712.45. This represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 12,600 shares of company stock valued at $1,517,798. Insiders own 23.50% of the company’s stock.

Hyatt Hotels Trading Down 4.9 %

Shares of Hyatt Hotels stock opened at $109.63 on Monday. 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 company has a fifty day moving average of $138.73 and a 200 day moving average of $149.31. The company has a market capitalization of $10.54 billion, a P/E ratio of 8.81 and a beta of 1.35. Hyatt Hotels Co. has a fifty-two week low of $103.34 and a fifty-two week high of $168.20.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). The business had revenue of $1.60 billion during 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 prior year, the firm posted $0.64 earnings per share. On average, sell-side analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were given a $0.15 dividend. 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 0.55%. Hyatt Hotels’s dividend 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.