Hyatt Hotels Co. (NYSE:H) Shares Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. raised its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 33.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,532 shares of the company’s stock after purchasing an additional 1,645 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Hyatt Hotels were worth $852,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Whittier Trust Co. grew its position in shares of Hyatt Hotels by 2.6% in the 4th quarter. Whittier Trust Co. now owns 49,812 shares of the company’s stock worth $6,496,000 after acquiring an additional 1,260 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Hyatt Hotels by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 2,256,479 shares of the company’s stock worth $239,367,000 after acquiring an additional 11,041 shares in the last quarter. Gulf International Bank UK Ltd grew its position in shares of Hyatt Hotels by 8,771.9% in the 4th quarter. Gulf International Bank UK Ltd now owns 5,057 shares of the company’s stock worth $659,000 after acquiring an additional 5,000 shares in the last quarter. Canada Pension Plan Investment Board grew its position in shares of Hyatt Hotels by 33.3% in the 3rd quarter. Canada Pension Plan Investment Board now owns 903,230 shares of the company’s stock worth $95,815,000 after acquiring an additional 225,530 shares in the last quarter. Finally, Northern Trust Corp grew its position in shares of Hyatt Hotels by 2.2% in the 3rd quarter. Northern Trust Corp now owns 241,690 shares of the company’s stock worth $25,638,000 after acquiring an additional 5,226 shares in the last quarter. Institutional investors and hedge funds own 71.02% of the company’s stock.

Analysts Set New Price Targets

H has been the subject of several research reports. StockNews.com lowered Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th. Truist Financial lifted their target price on Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a research report on Thursday, March 14th. JPMorgan Chase & Co. boosted their price objective on Hyatt Hotels from $162.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, March 1st. Royal Bank of Canada boosted their price objective on Hyatt Hotels from $37.00 to $41.00 and gave the company a “sector perform” rating in a research report on Wednesday, February 14th. Finally, Mizuho assumed coverage on Hyatt Hotels in a research report on Tuesday, March 26th. They set a “buy” rating and a $197.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $140.53.

Hyatt Hotels Stock Down 0.5 %

Shares of Hyatt Hotels stock opened at $151.97 on Tuesday. The business’s fifty day moving average price is $149.87 and its two-hundred day moving average price is $129.28. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.60 and a quick ratio of 0.59. The company has a market capitalization of $15.37 billion, a P/E ratio of 74.50, a PEG ratio of 21.79 and a beta of 1.49. Hyatt Hotels Co. has a 1-year low of $96.77 and a 1-year high of $161.50.

Hyatt Hotels (NYSE:H) last announced its earnings results on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.26. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. During the same quarter in the previous year, the business earned $2.55 EPS. As a group, research analysts forecast that Hyatt Hotels Co. will post 3.24 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. The ex-dividend date was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio is presently 29.41%.

Insider Transactions at Hyatt Hotels

In other news, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other news, insider Traubert Foundation Pritzker sold 704,229 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total transaction of $111,247,055.13. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder F.L.P. Trust #14 sold 1,283,000 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $155.96, for a total value of $200,096,680.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 2,077,803 shares of company stock valued at $325,526,849. Corporate insiders own 23.50% of the company’s stock.

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.