Vontobel Holding Ltd. Has $1.81 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Vontobel Holding Ltd. trimmed its position in shares of Hyatt Hotels Co. (NYSE:H) by 19.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,882 shares of the company’s stock after selling 3,353 shares during the period. Vontobel Holding Ltd.’s holdings in Hyatt Hotels were worth $1,810,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in H. Vanguard Group Inc. lifted its position in shares of Hyatt Hotels by 0.8% in the third quarter. Vanguard Group Inc. now owns 4,469,443 shares of the company’s stock valued at $361,847,000 after buying an additional 37,317 shares during the last quarter. Principal Financial Group Inc. raised its stake in Hyatt Hotels by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 2,256,479 shares of the company’s stock valued at $239,367,000 after acquiring an additional 11,041 shares during the period. Select Equity Group L.P. lifted its holdings in Hyatt Hotels by 196.2% during the 1st quarter. Select Equity Group L.P. now owns 2,206,791 shares of the company’s stock valued at $246,697,000 after purchasing an additional 1,461,693 shares during the last quarter. Morgan Stanley boosted its position in Hyatt Hotels by 1.1% during the third quarter. Morgan Stanley now owns 2,194,911 shares of the company’s stock worth $232,836,000 after purchasing an additional 24,121 shares during the period. Finally, BlackRock Inc. raised its position in shares of Hyatt Hotels by 14.6% in the second quarter. BlackRock Inc. now owns 2,168,020 shares of the company’s stock valued at $248,412,000 after purchasing an additional 275,503 shares during the period. Institutional investors and hedge funds own 71.02% of the company’s stock.

Insider Activity

In other news, insider Joan Bottarini sold 4,250 shares of Hyatt Hotels stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $128.72, for a total transaction of $547,060.00. Following the sale, the insider now directly owns 11,301 shares of the company’s stock, valued at $1,454,664.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Traubert Foundation Pritzker sold 704,229 shares of the stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $157.97, for a total value of $111,247,055.13. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Joan Bottarini sold 4,250 shares of Hyatt Hotels stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $128.72, for a total value of $547,060.00. Following the transaction, the insider now directly owns 11,301 shares in the company, valued at $1,454,664.72. The disclosure for this sale can be found here. In the last ninety days, insiders sold 2,077,803 shares of company stock worth $325,526,849. Insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Performance

NYSE:H opened at $146.34 on Friday. The company has a quick ratio of 0.59, a current ratio of 0.60 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $14.81 billion, a PE ratio of 71.74, a price-to-earnings-growth ratio of 21.23 and a beta of 1.49. Hyatt Hotels Co. has a twelve month low of $96.77 and a twelve month high of $161.50. The stock’s 50-day simple moving average is $151.31 and its 200 day simple moving average is $130.13.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Friday, February 23rd. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.26. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.56 billion. Hyatt Hotels had a net margin of 3.30% and a return on equity of 7.59%. During the same period last year, the company posted $2.55 EPS. On average, analysts anticipate that Hyatt Hotels Co. will post 3.24 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.41%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 29.41%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on H shares. Truist Financial lifted their target price on shares of Hyatt Hotels from $143.00 to $172.00 and gave the stock a “buy” rating in a report on Thursday, March 14th. JPMorgan Chase & Co. increased their target price on Hyatt Hotels from $162.00 to $172.00 and gave the stock an “overweight” rating in a research note on Friday, March 1st. Mizuho started coverage on Hyatt Hotels in a research note on Tuesday, March 26th. They issued a “buy” rating and a $197.00 price target for the company. StockNews.com upgraded Hyatt Hotels from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Barclays reduced their target price on shares of Hyatt Hotels from $156.00 to $153.00 and set an “equal weight” rating for the company in a research report on Friday. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $142.00.

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.