Hyatt Hotels Co. (NYSE:H) Shares Bought by Raymond James & Associates

Raymond James & Associates lifted its holdings in Hyatt Hotels Co. (NYSE:HGet Rating) by 1.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,707 shares of the company’s stock after buying an additional 383 shares during the quarter. Raymond James & Associates’ holdings in Hyatt Hotels were worth $1,838,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of H. Pinebridge Investments L.P. boosted its position in shares of Hyatt Hotels by 289.0% during the 2nd quarter. Pinebridge Investments L.P. now owns 389 shares of the company’s stock worth $29,000 after purchasing an additional 289 shares in the last quarter. Heritage Wealth Management LLC purchased a new stake in Hyatt Hotels during the second quarter worth about $37,000. CWM LLC grew its position in Hyatt Hotels by 59.3% during the second quarter. CWM LLC now owns 567 shares of the company’s stock worth $42,000 after buying an additional 211 shares during the period. Captrust Financial Advisors lifted its position in shares of Hyatt Hotels by 136.4% during the 1st quarter. Captrust Financial Advisors now owns 487 shares of the company’s stock valued at $46,000 after acquiring an additional 281 shares during the period. Finally, Cutler Group LLC CA purchased a new stake in shares of Hyatt Hotels during the 3rd quarter worth approximately $56,000. Institutional investors and hedge funds own 46.89% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on H shares. Wells Fargo & Company lifted their price objective on Hyatt Hotels to $111.00 in a report on Wednesday, December 14th. Morgan Stanley boosted their price objective on shares of Hyatt Hotels from $136.00 to $138.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 18th. Evercore ISI upgraded shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $100.00 target price for the company in a report on Tuesday, September 27th. TheStreet lowered shares of Hyatt Hotels from a “b-” rating to a “c” rating in a research report on Wednesday, December 21st. Finally, Barclays lifted their price objective on Hyatt Hotels from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, Hyatt Hotels has a consensus rating of “Moderate Buy” and a consensus price target of $110.50.

Hyatt Hotels Stock Up 1.4 %

Shares of NYSE H opened at $110.62 on Tuesday. The firm’s 50 day moving average price is $96.89 and its 200 day moving average price is $90.19. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market cap of $11.85 billion, a P/E ratio of 94.55 and a beta of 1.36. Hyatt Hotels Co. has a 1 year low of $70.12 and a 1 year high of $110.65.

Hyatt Hotels (NYSE:HGet Rating) last announced its quarterly earnings data on Thursday, November 3rd. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.33. Hyatt Hotels had a negative return on equity of 6.19% and a net margin of 2.45%. The business had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.49 billion. As a group, sell-side analysts anticipate that Hyatt Hotels Co. will post 1.07 earnings per share for the current year.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 450 shares of the stock in a transaction that occurred on Tuesday, December 13th. The shares were sold at an average price of $100.73, for a total transaction of $45,328.50. Following the transaction, the insider now owns 5,317 shares of the company’s stock, valued at $535,581.41. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 21.24% of the company’s stock.

About Hyatt Hotels

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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/SW Asia Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels, select service hotels, resorts, and other properties, including timeshare, fractional, residential, vacation, and condominium units.

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Institutional Ownership by Quarter for Hyatt Hotels (NYSE:H)

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