4,119 Shares in Hyatt Hotels Corporation $H Bought by Caprock Group LLC

Caprock Group LLC acquired a new stake in shares of Hyatt Hotels Corporation (NYSE:H) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 4,119 shares of the company’s stock, valued at approximately $595,000.

A number of other large investors also recently made changes to their positions in H. Quent Capital LLC bought a new stake in Hyatt Hotels in the 3rd quarter worth about $34,000. MAI Capital Management grew its position in Hyatt Hotels by 53.4% during the second quarter. MAI Capital Management now owns 270 shares of the company’s stock valued at $38,000 after buying an additional 94 shares during the period. Smartleaf Asset Management LLC raised its position in Hyatt Hotels by 66.1% in the third quarter. Smartleaf Asset Management LLC now owns 274 shares of the company’s stock worth $40,000 after acquiring an additional 109 shares during the period. Hantz Financial Services Inc. boosted its stake in Hyatt Hotels by 18,500.0% in the second quarter. Hantz Financial Services Inc. now owns 372 shares of the company’s stock valued at $52,000 after acquiring an additional 370 shares during the last quarter. Finally, Allworth Financial LP grew its position in shares of Hyatt Hotels by 350.5% during the 2nd quarter. Allworth Financial LP now owns 410 shares of the company’s stock valued at $57,000 after acquiring an additional 319 shares during the period. 73.54% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider David Udell sold 4,300 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were sold at an average price of $166.00, for a total value of $713,800.00. Following the transaction, the insider owned 13,746 shares of the company’s stock, valued at $2,281,836. This trade represents a 23.83% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Javier Aguila sold 9,548 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the completion of the sale, the insider directly owned 2,684 shares of the company’s stock, valued at approximately $445,195.08. This trade represents a 78.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 23.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on H shares. The Goldman Sachs Group began coverage on Hyatt Hotels in a research note on Wednesday, January 14th. They issued a “buy” rating and a $198.00 price objective on the stock. Wells Fargo & Company upped their price target on Hyatt Hotels from $167.00 to $171.00 and gave the company an “equal weight” rating in a research report on Friday. Robert W. Baird lifted their price objective on Hyatt Hotels from $154.00 to $156.00 and gave the stock a “neutral” rating in a report on Thursday, November 20th. JPMorgan Chase & Co. upped their price objective on shares of Hyatt Hotels from $178.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $188.00 target price on shares of Hyatt Hotels in a research note on Friday, January 2nd. Two 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $173.31.

Hyatt Hotels Stock Performance

Hyatt Hotels stock opened at $165.32 on Tuesday. 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 stock’s 50 day simple moving average is $163.43 and its two-hundred day simple moving average is $152.31. Hyatt Hotels Corporation has a fifty-two week low of $102.43 and a fifty-two week high of $180.53. The stock has a market cap of $15.70 billion, a price-to-earnings ratio of -295.21, a PEG ratio of 2.08 and a beta of 1.27.

Hyatt Hotels (NYSE:H) last released its quarterly earnings data on Thursday, February 12th. The company reported $1.33 EPS for the quarter, topping the consensus estimate of $0.29 by $1.04. Hyatt Hotels had a positive return on equity of 5.47% and a negative net margin of 0.73%.The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.78 billion. During the same period last year, the company earned $0.42 EPS. As a group, analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Monday, March 2nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Monday, March 2nd. Hyatt Hotels’s payout ratio is currently -107.14%.

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.