Aquatic Capital Management LLC Sells 8,145 Shares of Hyatt Hotels Corporation $H

Aquatic Capital Management LLC cut its holdings in Hyatt Hotels Corporation (NYSE:H) by 15.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 44,057 shares of the company’s stock after selling 8,145 shares during the quarter. Aquatic Capital Management LLC’s holdings in Hyatt Hotels were worth $6,253,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in H. Johnson Financial Group Inc. raised its stake in shares of Hyatt Hotels by 450.0% in the third quarter. Johnson Financial Group Inc. now owns 176 shares of the company’s stock worth $25,000 after acquiring an additional 144 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Hyatt Hotels by 98.2% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the company’s stock valued at $31,000 after purchasing an additional 107 shares in the last quarter. Quent Capital LLC bought a new position in Hyatt Hotels in the 3rd quarter worth approximately $34,000. MAI Capital Management raised its position in Hyatt Hotels by 53.4% in the 2nd quarter. MAI Capital Management now owns 270 shares of the company’s stock worth $38,000 after purchasing an additional 94 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Hyatt Hotels by 66.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 274 shares of the company’s stock worth $40,000 after buying an additional 109 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 commented on H. Stifel Nicolaus lifted their target price on Hyatt Hotels from $158.00 to $164.00 and gave the company a “hold” rating in a research note on Wednesday, December 31st. The Goldman Sachs Group began coverage on Hyatt Hotels in a report on Wednesday, January 14th. They issued a “buy” rating and a $198.00 price target on the stock. JPMorgan Chase & Co. lifted their price objective on Hyatt Hotels from $178.00 to $179.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Sanford C. Bernstein reissued an “outperform” rating and set a $188.00 price objective on shares of Hyatt Hotels in a report on Friday, January 2nd. Finally, Wall Street Zen raised shares of Hyatt Hotels from a “sell” rating to a “hold” rating in a research note on Saturday, February 14th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Hyatt Hotels currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.80.

Insider Activity at Hyatt Hotels

In related news, insider Javier Aguila sold 9,548 shares of the business’s stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $165.87, for a total value of $1,583,726.76. Following the sale, the insider directly owned 2,684 shares of the company’s stock, valued at approximately $445,195.08. The trade was a 78.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 23.70% of the stock is currently owned by insiders.

Hyatt Hotels Trading Up 1.5%

NYSE:H opened at $141.36 on Tuesday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.75 and a quick ratio of 0.75. The business’s 50-day simple moving average is $161.89 and its 200-day simple moving average is $154.97. 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 capitalization of $13.35 billion, a PE ratio of -252.43, a price-to-earnings-growth ratio of 1.72 and a beta of 1.22.

Hyatt Hotels (NYSE:H) last posted its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $1.04. Hyatt Hotels had a positive return on equity of 5.53% and a negative net margin of 0.73%.The business had revenue of $1.79 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same period in the prior year, the business earned $0.42 EPS. Sell-side analysts expect that Hyatt Hotels Corporation will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Monday, March 2nd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, March 2nd. Hyatt Hotels’s dividend payout ratio (DPR) is presently -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.