Orion Portfolio Solutions LLC Has $1.70 Million Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Orion Portfolio Solutions LLC lowered its stake in shares of Hyatt Hotels Co. (NYSE:H) by 1.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,847 shares of the company’s stock after selling 178 shares during the period. Orion Portfolio Solutions LLC’s holdings in Hyatt Hotels were worth $1,703,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of H. Geode Capital Management LLC increased its holdings in Hyatt Hotels by 1.0% in the third quarter. Geode Capital Management LLC now owns 752,105 shares of the company’s stock worth $114,214,000 after buying an additional 7,440 shares during the last quarter. TT International Asset Management LTD bought a new stake in Hyatt Hotels in the fourth quarter worth approximately $5,283,000. World Investment Advisors LLC acquired a new position in shares of Hyatt Hotels during the 3rd quarter worth $4,520,000. Versant Capital Management Inc raised its holdings in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company’s stock valued at $32,000 after purchasing an additional 175 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Hyatt Hotels by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company’s stock valued at $166,000 after purchasing an additional 155 shares during the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the sale, the insider now directly owns 9,337 shares of the company’s stock, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the transaction, the insider now owns 811 shares of the company’s stock, valued at $99,712.45. This trade represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,600 shares of company stock worth $1,517,798. Company insiders own 23.50% of the company’s stock.

Hyatt Hotels Stock Performance

H opened at $124.93 on Thursday. The stock’s 50 day simple moving average is $140.44 and its 200-day simple moving average is $149.78. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. The stock has a market cap of $12.01 billion, a PE ratio of 10.04 and a beta of 1.51. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20.

Hyatt Hotels (NYSE:H) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.22). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.63 billion. During the same quarter in the prior year, the company posted $0.64 EPS. Sell-side analysts forecast that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date of this dividend was Friday, February 28th. Hyatt Hotels’s payout ratio is 4.82%.

Wall Street Analyst Weigh In

Several research firms have commented on H. Jefferies Financial Group increased their target price on shares of Hyatt Hotels from $150.00 to $176.00 and gave the stock a “hold” rating in a research report on Thursday, January 2nd. Wells Fargo & Company lowered their price objective on Hyatt Hotels from $172.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, February 4th. Evercore ISI upgraded Hyatt Hotels from an “in-line” rating to an “outperform” rating and set a $175.00 target price for the company in a report on Wednesday, March 5th. StockNews.com downgraded Hyatt Hotels from a “hold” rating to a “sell” rating in a report on Monday, February 17th. Finally, Truist Financial reduced their price objective on shares of Hyatt Hotels from $163.00 to $156.00 and set a “buy” rating for the company in a research note on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Hyatt Hotels has a consensus rating of “Hold” and an average target price of $161.97.

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.