4,513 Shares in Hyatt Hotels Corporation $H Bought by Cooper Financial Group

Cooper Financial Group purchased a new stake in Hyatt Hotels Corporation (NYSE:H) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,513 shares of the company’s stock, valued at approximately $724,000.

Several other institutional investors have also recently bought and sold shares of H. Bamco Inc. NY lifted its stake in shares of Hyatt Hotels by 2.7% in the third quarter. Bamco Inc. NY now owns 6,116,673 shares of the company’s stock valued at $868,139,000 after buying an additional 161,461 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Hyatt Hotels by 21.8% during the third quarter. Principal Financial Group Inc. now owns 4,715,085 shares of the company’s stock worth $669,221,000 after acquiring an additional 843,121 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Hyatt Hotels by 7.2% during the third quarter. Wellington Management Group LLP now owns 3,159,562 shares of the company’s stock worth $448,437,000 after acquiring an additional 211,112 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Hyatt Hotels by 24.5% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,765,785 shares of the company’s stock worth $392,548,000 after acquiring an additional 545,003 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Hyatt Hotels by 15.8% in the 3rd quarter. Bank of America Corp DE now owns 1,421,926 shares of the company’s stock valued at $201,814,000 after acquiring an additional 193,530 shares in the last quarter. Institutional investors and hedge funds own 73.54% of the company’s stock.

Insider Activity

In other news, insider Javier Aguila sold 9,548 shares of Hyatt Hotels stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $165.87, for a total transaction of $1,583,726.76. Following the sale, the insider directly owned 2,684 shares in the company, valued at $445,195.08. The trade was a 78.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.70% of the stock is currently owned by corporate insiders.

Hyatt Hotels Price Performance

Hyatt Hotels stock opened at $141.96 on Monday. Hyatt Hotels Corporation has a 52 week low of $102.43 and a 52 week high of $180.53. The company’s 50 day moving average price is $160.08 and its two-hundred day moving average price is $155.01. The stock has a market cap of $13.41 billion, a P/E ratio of -253.49, a P/E/G ratio of 1.68 and a beta of 1.22. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 1.17.

Hyatt Hotels (NYSE:H) last released its earnings results on Thursday, February 12th. The company reported $1.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $1.04. The company 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 period in the prior year, the company posted $0.42 earnings per share. On average, equities analysts predict that Hyatt Hotels Corporation will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

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

Analyst Ratings Changes

H has been the subject of a number of recent research reports. Wall Street Zen raised Hyatt Hotels from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. The Goldman Sachs Group started coverage on Hyatt Hotels in a report on Wednesday, January 14th. They issued a “buy” rating and a $198.00 target price on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $188.00 target price on shares of Hyatt Hotels in a research report on Friday, January 2nd. Evercore reissued an “in-line” rating and issued a $175.00 price target (up from $170.00) on shares of Hyatt Hotels in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company raised their price objective on Hyatt Hotels from $167.00 to $171.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $175.80.

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.