4,060 Shares in Hyatt Hotels Co. (NYSE:H) Acquired by Federated Hermes Inc.

Federated Hermes Inc. purchased a new position in shares of Hyatt Hotels Co. (NYSE:H) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 4,060 shares of the company’s stock, valued at approximately $529,000.

A number of other large investors also recently bought and sold shares of the stock. Banque Cantonale Vaudoise acquired a new position in shares of Hyatt Hotels in the 3rd quarter valued at about $83,000. SG Americas Securities LLC acquired a new position in Hyatt Hotels during the third quarter valued at approximately $157,000. Gilbert & Cook Inc. grew its stake in Hyatt Hotels by 10.6% during the third quarter. Gilbert & Cook Inc. now owns 1,934 shares of the company’s stock worth $205,000 after buying an additional 185 shares during the period. HMS Capital Management LLC acquired a new stake in shares of Hyatt Hotels in the fourth quarter worth $217,000. Finally, Vanguard Personalized Indexing Management LLC raised its stake in shares of Hyatt Hotels by 9.1% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 2,655 shares of the company’s stock valued at $282,000 after acquiring an additional 221 shares during the period. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Insider Buying and Selling

In other news, insider Mark R. Vondrasek sold 9,867 shares of Hyatt Hotels stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $154.11, for a total value of $1,520,603.37. Following the completion of the transaction, the insider now directly owns 5,100 shares of the company’s stock, valued at approximately $785,961. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, insider Mark R. Vondrasek sold 9,867 shares of the business’s stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $154.11, for a total transaction of $1,520,603.37. Following the completion of the transaction, the insider now owns 5,100 shares in the company, valued at approximately $785,961. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark Samuel Hoplamazian sold 75,457 shares of the stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $158.47, for a total value of $11,957,670.79. Following the completion of the sale, the insider now directly owns 459,000 shares in the company, valued at $72,737,730. The disclosure for this sale can be found here. Insiders have sold 2,084,248 shares of company stock worth $326,572,489 over the last ninety days. 23.50% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on H shares. Redburn Atlantic downgraded Hyatt Hotels from a “buy” rating to a “neutral” rating and increased their price target for the company from $120.00 to $130.00 in a report on Tuesday, January 16th. Evercore ISI reiterated an “in-line” rating and issued a $135.00 target price on shares of Hyatt Hotels in a research note on Monday, February 5th. TD Cowen boosted their price target on Hyatt Hotels from $95.00 to $160.00 and gave the stock a “market perform” rating in a research report on Thursday, March 21st. Barclays lowered their price objective 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, April 19th. Finally, StockNews.com downgraded shares of Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Thursday, April 25th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $141.88.

Hyatt Hotels Price Performance

H opened at $150.43 on Friday. The company has a market capitalization of $15.22 billion, a P/E ratio of 73.74, a PEG ratio of 21.26 and a beta of 1.49. The company has a 50-day moving average of $154.57 and a 200-day moving average of $132.92. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.59 and a current ratio of 0.60. 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 quarterly earnings data 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. Hyatt Hotels had a return on equity of 7.59% and a net margin of 3.30%. The firm had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.56 billion. During the same period in the previous year, the company earned $2.55 earnings per share. Equities analysts expect that Hyatt Hotels Co. will post 3.24 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Wednesday, February 28th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.40%. The ex-dividend date of this dividend was Tuesday, February 27th. Hyatt Hotels’s dividend payout ratio is currently 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.