Hyatt Hotels Co. (NYSE:H) Stake Reduced by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its position in shares of Hyatt Hotels Co. (NYSE:H) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,310 shares of the company’s stock after selling 217 shares during the quarter. Pacer Advisors Inc.’s holdings in Hyatt Hotels were worth $991,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of H. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Hyatt Hotels during the third quarter worth approximately $30,000. Versant Capital Management Inc raised its stake in shares of Hyatt Hotels by 583.3% in the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock worth $32,000 after buying an additional 175 shares in the last quarter. UMB Bank n.a. boosted its stake in Hyatt Hotels by 99.0% during the fourth quarter. UMB Bank n.a. now owns 209 shares of the company’s stock valued at $33,000 after buying an additional 104 shares in the last quarter. Blue Trust Inc. grew its holdings in Hyatt Hotels by 190.2% during the third quarter. Blue Trust Inc. now owns 325 shares of the company’s stock worth $49,000 after acquiring an additional 213 shares during the period. Finally, iA Global Asset Management Inc. bought a new stake in Hyatt Hotels in the third quarter worth about $51,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Hyatt Hotels Stock Performance

H opened at $156.89 on Tuesday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.79 and a current ratio of 0.79. Hyatt Hotels Co. has a 52-week low of $125.44 and a 52-week high of $168.20. The firm has a market cap of $15.07 billion, a P/E ratio of 11.82 and a beta of 1.48. The business’s fifty day moving average is $156.99 and its 200-day moving average is $152.05.

Wall Street Analyst Weigh In

Several analysts recently commented on H shares. Truist Financial cut their target price on shares of Hyatt Hotels from $169.00 to $158.00 and set a “buy” rating for the company in a research note on Friday, November 1st. Mizuho decreased their target price on Hyatt Hotels from $200.00 to $198.00 and set an “outperform” rating on the stock in a report on Monday, November 4th. Stifel Nicolaus upped their target price on Hyatt Hotels from $145.50 to $157.50 and gave the company a “hold” rating in a report on Tuesday, November 26th. HSBC lowered shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price target on the stock. in a report on Friday, November 1st. Finally, Cfra set a $155.00 target price on shares of Hyatt Hotels in a research note on Thursday, October 17th. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $156.48.

Insider Activity at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $159.99, for a total value of $604,122.24. Following the completion of the sale, the insider now directly owns 5,798 shares in the company, valued at $927,622.02. This represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 23.50% of the stock is currently owned by insiders.

About Hyatt Hotels

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.