Hyatt Hotels Co. (NYSE:H) Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its stake in Hyatt Hotels Co. (NYSE:H) by 21.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 620 shares of the company’s stock after acquiring an additional 110 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Hyatt Hotels were worth $94,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Principal Financial Group Inc. raised its holdings in Hyatt Hotels by 6.5% in the 2nd quarter. Principal Financial Group Inc. now owns 2,645,002 shares of the company’s stock worth $401,827,000 after purchasing an additional 162,562 shares during the period. Fiera Capital Corp lifted its position in shares of Hyatt Hotels by 1.2% during the 2nd quarter. Fiera Capital Corp now owns 574,045 shares of the company’s stock valued at $87,209,000 after buying an additional 6,896 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Hyatt Hotels by 10.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 485,952 shares of the company’s stock worth $73,822,000 after acquiring an additional 46,574 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Hyatt Hotels by 4.7% in the second quarter. Bank of New York Mellon Corp now owns 469,791 shares of the company’s stock valued at $71,371,000 after purchasing an additional 20,997 shares during the period. Finally, Handelsbanken Fonder AB lifted its stake in Hyatt Hotels by 9.0% in the 3rd quarter. Handelsbanken Fonder AB now owns 354,900 shares of the company’s stock valued at $54,016,000 after buying an additional 29,300 shares in the last quarter. Hedge funds and other institutional investors own 71.02% of the company’s stock.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark Samuel Hoplamazian sold 51,388 shares of the firm’s stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $149.77, for a total transaction of $7,696,380.76. Following the transaction, the insider now owns 623,556 shares in the company, valued at $93,389,982.12. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 23.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Susquehanna lowered their target price on shares of Hyatt Hotels from $160.00 to $150.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 14th. HSBC cut shares of Hyatt Hotels from a “buy” rating to a “hold” rating and set a $156.00 price objective for the company. in a research note on Friday, November 1st. Wells Fargo & Company decreased their target price on shares of Hyatt Hotels from $178.00 to $172.00 and set an “overweight” rating on the stock in a research note on Friday, November 1st. Hsbc Global Res raised Hyatt Hotels to a “hold” rating in a report on Friday, November 1st. Finally, Bank of America boosted their price objective on Hyatt Hotels from $165.00 to $175.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Fifteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $151.57.

Hyatt Hotels Stock Up 0.5 %

Shares of Hyatt Hotels stock opened at $153.89 on Friday. Hyatt Hotels Co. has a 52-week low of $104.76 and a 52-week high of $162.24. The company has a 50 day moving average of $150.97 and a 200 day moving average of $148.93. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $15.44 billion, a P/E ratio of 11.60 and a beta of 1.50.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.04. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period in the previous year, the business earned $0.70 EPS. As a group, research analysts forecast that Hyatt Hotels Co. will post 3.86 EPS for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 22nd will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a yield of 0.39%. Hyatt Hotels’s dividend payout ratio (DPR) is presently 4.52%.

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.