Creative Planning Grows Position in Hyatt Hotels Co. (NYSE:H)

Creative Planning lifted its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 7.1% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 4,544 shares of the company’s stock after acquiring an additional 300 shares during the quarter. Creative Planning’s holdings in Hyatt Hotels were worth $692,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in Hyatt Hotels by 165.7% in the first quarter. BNP Paribas Financial Markets now owns 53,887 shares of the company’s stock valued at $8,601,000 after acquiring an additional 33,603 shares during the period. Fidelis Capital Partners LLC bought a new position in Hyatt Hotels in the first quarter valued at about $85,000. Whittier Trust Co. lifted its holdings in Hyatt Hotels by 4.0% in the first quarter. Whittier Trust Co. now owns 51,804 shares of the company’s stock valued at $8,269,000 after acquiring an additional 1,992 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in Hyatt Hotels by 5.5% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 25,612 shares of the company’s stock valued at $4,088,000 after acquiring an additional 1,328 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its holdings in Hyatt Hotels by 152.2% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 3,453 shares of the company’s stock valued at $551,000 after acquiring an additional 2,084 shares during the period. 71.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Mark Samuel Hoplamazian sold 44,219 shares of the business’s stock in a transaction on Tuesday, August 27th. The stock was sold at an average price of $148.14, for a total transaction of $6,550,602.66. Following the transaction, the insider now directly owns 623,556 shares in the company, valued at $92,373,585.84. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 23.50% of the stock is owned by company insiders.

Hyatt Hotels Trading Down 0.3 %

H opened at $145.04 on Monday. The firm has a market cap of $14.55 billion, a price-to-earnings ratio of 10.93 and a beta of 1.50. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.70. Hyatt Hotels Co. has a 12 month low of $96.77 and a 12 month high of $162.24. The stock has a fifty day moving average price of $150.93 and a 200-day moving average price of $148.92.

Hyatt Hotels (NYSE:H) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a return on equity of 10.75% and a net margin of 20.55%. During the same period in the previous year, the company posted $0.70 EPS. As a group, equities research analysts anticipate that Hyatt Hotels Co. will post 3.87 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be paid a dividend of $0.15 per share. The ex-dividend date is Friday, November 22nd. This represents a $0.60 annualized dividend and a yield of 0.41%. Hyatt Hotels’s dividend payout ratio (DPR) is 4.52%.

Analyst Upgrades and Downgrades

H has been the topic of a number of recent research reports. Barclays lowered their target price on Hyatt Hotels from $151.00 to $144.00 and set an “equal weight” rating on the stock in a report on Friday. Bank of America increased their target price on Hyatt Hotels from $165.00 to $175.00 and gave the company a “buy” rating in a report on Monday, October 21st. Evercore ISI raised their price objective on Hyatt Hotels from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Monday, October 21st. StockNews.com downgraded Hyatt Hotels from a “hold” rating to a “sell” rating in a research note on Monday, August 12th. Finally, Hsbc Global Res raised Hyatt Hotels to a “hold” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $151.62.

Hyatt Hotels Company Profile

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.