Hyatt Hotels Co. (NYSE:H) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC cut its holdings in shares of Hyatt Hotels Co. (NYSE:H) by 8.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 22,339 shares of the company’s stock after selling 1,944 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Hyatt Hotels were worth $3,507,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Icon Wealth Advisors LLC raised its stake in Hyatt Hotels by 17,641.6% during the third quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company’s stock worth $20,009,000 after purchasing an additional 130,724 shares during the period. KBC Group NV raised its stake in Hyatt Hotels by 978.3% during the fourth quarter. KBC Group NV now owns 108,966 shares of the company’s stock worth $17,106,000 after purchasing an additional 98,861 shares during the period. Bamco Inc. NY raised its stake in Hyatt Hotels by 1.3% during the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company’s stock worth $834,574,000 after purchasing an additional 68,608 shares during the period. Worldquant Millennium Advisors LLC raised its stake in Hyatt Hotels by 87.2% during the third quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company’s stock worth $21,431,000 after purchasing an additional 65,577 shares during the period. Finally, Wellington Management Group LLP raised its stake in Hyatt Hotels by 3.3% during the third quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company’s stock worth $267,192,000 after purchasing an additional 56,082 shares during the period. 73.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Susan D. Kronick sold 1,600 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $141.78, for a total value of $226,848.00. Following the completion of the sale, the director now owns 37,927 shares in the company, valued at $5,377,290.06. This represents a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 23.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on H. Wells Fargo & Company reduced their price target on shares of Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 4th. Robert W. Baird reduced their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 19th. Morgan Stanley reduced their price target on shares of Hyatt Hotels from $157.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. boosted their price target on shares of Hyatt Hotels from $163.00 to $168.00 and gave the company an “overweight” rating in a research note on Friday, December 13th. Finally, Jefferies Financial Group boosted their price target on shares of Hyatt Hotels from $150.00 to $176.00 and gave the company a “hold” rating in a research note on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Hyatt Hotels currently has a consensus rating of “Hold” and an average target price of $163.13.

Hyatt Hotels Trading Up 2.0 %

NYSE H opened at $140.05 on Thursday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 52 week low of $128.91 and a 52 week high of $168.20. The stock has a market capitalization of $13.47 billion, a PE ratio of 11.26 and a beta of 1.51. The firm has a 50 day moving average of $152.75 and a two-hundred day moving average of $152.87.

Hyatt Hotels (NYSE:H) last issued its earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the previous year, the company posted $0.64 EPS. As a group, research analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.43%. The ex-dividend date of this dividend is Friday, February 28th. Hyatt Hotels’s payout ratio is 4.82%.

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.