1,688 Shares in Hyatt Hotels Co. (NYSE:H) Acquired by Greenleaf Trust

Greenleaf Trust purchased a new position in Hyatt Hotels Co. (NYSE:H) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,688 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds have also made changes to their positions in the stock. AE Wealth Management LLC increased its position in Hyatt Hotels by 17.0% in the 3rd quarter. AE Wealth Management LLC now owns 4,872 shares of the company’s stock valued at $517,000 after acquiring an additional 709 shares during the period. SG Americas Securities LLC acquired a new stake in Hyatt Hotels in the 3rd quarter valued at approximately $157,000. Oak Thistle LLC acquired a new stake in Hyatt Hotels in the 3rd quarter valued at approximately $542,000. Handelsbanken Fonder AB increased its position in Hyatt Hotels by 15.1% in the 3rd quarter. Handelsbanken Fonder AB now owns 457,500 shares of the company’s stock valued at $48,532,000 after acquiring an additional 60,000 shares during the period. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund increased its position in Hyatt Hotels by 21.8% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 27,400 shares of the company’s stock valued at $2,907,000 after acquiring an additional 4,900 shares during the period. Institutional investors own 71.02% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. StockNews.com cut Hyatt Hotels from a “hold” rating to a “sell” rating in a research report on Thursday. Morgan Stanley cut Hyatt Hotels from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $149.00 to $156.00 in a research report on Monday, March 11th. JPMorgan Chase & Co. raised their target price on Hyatt Hotels from $162.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, March 1st. Jefferies Financial Group lifted their price target on Hyatt Hotels from $104.00 to $127.00 and gave the company a “hold” rating in a research report on Tuesday, January 2nd. Finally, Truist Financial lifted their price target on Hyatt Hotels from $143.00 to $172.00 and gave the company a “buy” rating in a research report on Thursday, March 14th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, Hyatt Hotels presently has a consensus rating of “Hold” and an average target price of $141.88.

Insider Transactions at Hyatt Hotels

In other news, insider Joan Bottarini sold 4,250 shares of the firm’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $128.72, for a total value of $547,060.00. Following the completion of the sale, the insider now 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 SEC, which is accessible through this link. In related news, insider Mark Samuel Hoplamazian sold 75,457 shares of Hyatt Hotels stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total transaction of $11,957,670.79. Following the completion of the sale, the insider now owns 459,000 shares of the company’s stock, valued at $72,737,730. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Joan Bottarini sold 4,250 shares of Hyatt Hotels stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $128.72, for a total value of $547,060.00. Following the sale, the insider now directly owns 11,301 shares of the company’s stock, valued at approximately $1,454,664.72. The disclosure for this sale can be found here. Insiders sold a total of 2,077,803 shares of company stock valued at $325,526,849 over the last quarter. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Performance

Shares of NYSE H opened at $151.80 on Thursday. 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 stock has a market capitalization of $15.36 billion, a price-to-earnings ratio of 74.41, a PEG ratio of 20.91 and a beta of 1.49. The stock’s fifty day simple moving average is $152.51 and its 200 day simple moving average is $131.28. Hyatt Hotels Co. has a 52-week low of $96.77 and a 52-week high of $161.50.

Hyatt Hotels (NYSE:H) last issued its earnings results on Friday, February 23rd. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.38 by $0.26. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations 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 last year, the firm posted $2.55 earnings per share. As a group, sell-side analysts forecast that Hyatt Hotels Co. will post 3.24 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Wednesday, February 28th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.40%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 29.41%.

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.