Hyatt Hotels Corporation $H Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its stake in shares of Hyatt Hotels Corporation (NYSE:H) by 25.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,362 shares of the company’s stock after purchasing an additional 3,523 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Hyatt Hotels were worth $2,858,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Northwestern Mutual Investment Management Company LLC boosted its position in Hyatt Hotels by 0.8% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 9,437 shares of the company’s stock valued at $1,339,000 after purchasing an additional 72 shares during the period. Allworth Financial LP boosted its position in Hyatt Hotels by 17.8% during the 3rd quarter. Allworth Financial LP now owns 483 shares of the company’s stock valued at $69,000 after purchasing an additional 73 shares during the period. Gilbert & Cook Inc. boosted its position in Hyatt Hotels by 3.5% during the 4th quarter. Gilbert & Cook Inc. now owns 2,439 shares of the company’s stock valued at $391,000 after purchasing an additional 83 shares during the period. US Bancorp DE boosted its position in Hyatt Hotels by 2.3% during the 3rd quarter. US Bancorp DE now owns 3,788 shares of the company’s stock worth $538,000 after acquiring an additional 85 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in shares of Hyatt Hotels by 59.2% in the fourth quarter. Farther Finance Advisors LLC now owns 269 shares of the company’s stock worth $43,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on H. Stifel Nicolaus increased their price target on Hyatt Hotels from $158.00 to $164.00 and gave the stock a “hold” rating in a research note on Wednesday, December 31st. Wells Fargo & Company increased their price target on Hyatt Hotels from $167.00 to $171.00 and gave the stock an “equal weight” rating in a research note on Friday, February 13th. Weiss Ratings reissued a “hold (c-)” rating on shares of Hyatt Hotels in a research note on Friday, March 27th. Susquehanna increased their price target on Hyatt Hotels from $150.00 to $185.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, Citigroup increased their price target on Hyatt Hotels from $167.00 to $195.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Hyatt Hotels currently has a consensus rating of “Moderate Buy” and an average price target of $181.47.

Hyatt Hotels Trading Down 0.6%

Shares of Hyatt Hotels stock opened at $164.44 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17. The firm has a market cap of $15.53 billion, a price-to-earnings ratio of -293.64, a price-to-earnings-growth ratio of 1.99 and a beta of 1.28. The business has a fifty day simple moving average of $155.65 and a 200-day simple moving average of $156.66. Hyatt Hotels Corporation has a fifty-two week low of $108.24 and a fifty-two week high of $180.53.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 12th. The company reported $1.33 earnings per share for the quarter, beating the consensus estimate of $0.29 by $1.04. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.78 billion. Hyatt Hotels had a positive return on equity of 5.53% and a negative net margin of 0.73%.During the same quarter in the prior year, the firm posted $0.42 earnings per share. On average, equities analysts forecast that Hyatt Hotels Corporation will post 3.13 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Stockholders of record on Monday, March 2nd were issued a $0.15 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.60 annualized dividend and a dividend yield of 0.4%. Hyatt Hotels’s dividend payout ratio is -107.14%.

Insiders Place Their Bets

In other news, insider Kinsey Wolf sold 400 shares of the business’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $147.28, for a total transaction of $58,912.00. Following the sale, the insider directly owned 545 shares of the company’s stock, valued at $80,267.60. The trade was a 42.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Jnp 2010-Pg Trust sold 213,434 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $167.75, for a total value of $35,803,553.50. Following the sale, the insider directly owned 213,434 shares in the company, valued at $35,803,553.50. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 214,234 shares of company stock worth $35,920,202 over the last ninety days. 23.60% of the stock is owned by insiders.

Hyatt Hotels Profile

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.