Hyatt Hotels Co. (NYSE:H) Shares Sold by US Bancorp DE

US Bancorp DE cut its holdings in shares of Hyatt Hotels Co. (NYSE:H – Get Rating) by 3.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,786 shares of the company’s stock after selling 148 shares during the period. US Bancorp DE’s holdings in Hyatt Hotels were worth $388,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in H. Bank of New York Mellon Corp raised its holdings in shares of Hyatt Hotels by 59.4% during the first quarter. Bank of New York Mellon Corp now owns 256,384 shares of the company’s stock valued at $24,472,000 after acquiring an additional 95,574 shares during the period. American Century Companies Inc. raised its holdings in shares of Hyatt Hotels by 31.4% during the first quarter. American Century Companies Inc. now owns 3,991 shares of the company’s stock valued at $381,000 after acquiring an additional 953 shares during the period. Citigroup Inc. raised its holdings in shares of Hyatt Hotels by 13.2% during the first quarter. Citigroup Inc. now owns 18,865 shares of the company’s stock valued at $1,801,000 after acquiring an additional 2,194 shares during the period. Natixis Advisors L.P. acquired a new stake in shares of Hyatt Hotels during the first quarter valued at approximately $1,214,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of Hyatt Hotels during the first quarter valued at approximately $94,000. 46.89% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Stock Performance

H stock opened at $110.62 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $11.85 billion, a price-to-earnings ratio of 94.55 and a beta of 1.36. Hyatt Hotels Co. has a 12 month low of $70.12 and a 12 month high of $110.65. The firm has a 50 day moving average of $96.89 and a two-hundred day moving average of $90.19.

Hyatt Hotels (NYSE:H – Get Rating) last posted its earnings results on Thursday, November 3rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.31 by $0.33. The company had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.49 billion. Hyatt Hotels had a net margin of 2.45% and a negative return on equity of 6.19%. As a group, equities analysts anticipate that Hyatt Hotels Co. will post 1.07 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on H. Morgan Stanley boosted their price target on shares of Hyatt Hotels from $136.00 to $138.00 and gave the company an “overweight” rating in a report on Wednesday, January 18th. TheStreet lowered shares of Hyatt Hotels from a “b-” rating to a “c” rating in a research note on Wednesday, December 21st. Evercore ISI upgraded shares of Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $100.00 price objective on the stock in a research note on Tuesday, September 27th. Barclays upped their price objective on shares of Hyatt Hotels from $111.00 to $113.00 and gave the company an “overweight” rating in a research note on Friday. Finally, StockNews.com began coverage on shares of Hyatt Hotels in a research note on Wednesday, October 12th. They issued a “hold” rating on the stock. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, Hyatt Hotels has an average rating of “Moderate Buy” and a consensus price target of $110.50.

Insiders Place Their Bets

In related news, insider Mark R. Vondrasek sold 450 shares of the company’s stock in a transaction 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 completion of the sale, the insider now directly owns 5,317 shares of the company’s stock, valued at approximately $535,581.41. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 21.24% of the company’s stock.

Hyatt Hotels Company Profile

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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.