Universal Beteiligungs und Servicegesellschaft mbH Has $6.48 Million Stock Position in Hyatt Hotels Corporation $H

Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Hyatt Hotels Corporation (NYSE:H) by 55.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,640 shares of the company’s stock after acquiring an additional 16,253 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hyatt Hotels were worth $6,478,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. New England Research & Management Inc. increased its holdings in shares of Hyatt Hotels by 0.3% in the third quarter. New England Research & Management Inc. now owns 23,351 shares of the company’s stock valued at $3,314,000 after purchasing an additional 80 shares in the last quarter. Atria Investments Inc boosted its position in Hyatt Hotels by 4.1% in the 2nd quarter. Atria Investments Inc now owns 2,063 shares of the company’s stock valued at $288,000 after buying an additional 81 shares during the last quarter. CW Advisors LLC increased its stake in shares of Hyatt Hotels by 4.1% in the 2nd quarter. CW Advisors LLC now owns 2,362 shares of the company’s stock valued at $330,000 after buying an additional 93 shares during the period. MAI Capital Management raised its position in shares of Hyatt Hotels by 53.4% during the second quarter. MAI Capital Management now owns 270 shares of the company’s stock worth $38,000 after acquiring an additional 94 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Hyatt Hotels by 33.2% during the second quarter. Fifth Third Bancorp now owns 385 shares of the company’s stock worth $54,000 after acquiring an additional 96 shares during the last quarter. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider David Udell sold 4,300 shares of the business’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $166.00, for a total transaction of $713,800.00. Following the transaction, the insider directly owned 13,746 shares in the company, valued at $2,281,836. The trade was a 23.83% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Peter Sears sold 12,394 shares of the firm’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $155.51, for a total transaction of $1,927,390.94. Following the completion of the sale, the insider owned 5,594 shares of the company’s stock, valued at $869,922.94. This trade represents a 68.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 33,383 shares of company stock valued at $5,321,682 in the last quarter. Company insiders own 23.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on H. JPMorgan Chase & Co. initiated coverage on Hyatt Hotels in a research report on Monday, November 24th. They issued an “overweight” rating and a $178.00 price objective for the company. Barclays reduced their target price on shares of Hyatt Hotels from $200.00 to $198.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Sanford C. Bernstein reissued an “outperform” rating and set a $188.00 price target on shares of Hyatt Hotels in a research note on Friday, January 2nd. Stifel Nicolaus lifted their price objective on shares of Hyatt Hotels from $158.00 to $164.00 and gave the stock a “hold” rating in a research note on Wednesday, December 31st. Finally, Morgan Stanley upped their target price on shares of Hyatt Hotels from $168.00 to $194.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Hyatt Hotels currently has an average rating of “Moderate Buy” and a consensus price target of $172.06.

Hyatt Hotels Stock Performance

H opened at $163.84 on Monday. The business’s 50-day simple moving average is $162.36 and its 200 day simple moving average is $150.74. Hyatt Hotels Corporation has a 52-week low of $102.43 and a 52-week high of $174.58. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.68 and a current ratio of 0.69. The firm has a market capitalization of $15.56 billion, a PE ratio of -176.17, a PEG ratio of 1.83 and a beta of 1.29.

Hyatt Hotels (NYSE:H) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($0.30) earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.79). The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.82 billion. Hyatt Hotels had a positive return on equity of 3.22% and a negative net margin of 1.27%.The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned $0.94 EPS. As a group, sell-side analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were paid a $0.15 dividend. The ex-dividend date was Monday, November 24th. This represents a $0.60 dividend on an annualized basis and a yield of 0.4%. Hyatt Hotels’s dividend payout ratio (DPR) is currently -64.52%.

About Hyatt Hotels

Hyatt Hotels Corporation (NYSE: H) is a global hospitality company that develops, owns, manages and franchises luxury and business hotels, resorts and vacation properties. Its portfolio spans a range of price points and styles under brands such as Park Hyatt, Grand Hyatt, Andaz, Hyatt Regency, Hyatt Centric, Hyatt Place, Hyatt House, Thompson Hotels, Alila and Destination by Hyatt. In addition to accommodations, the company provides meeting and event spaces, food and beverage outlets, spa and wellness centers, and a variety of guest services designed to cater to both leisure and business travelers.

Hyatt’s business model combines property ownership, management contracts and third-party franchising.