TT International Asset Management LTD Makes New $5.28 Million Investment in Hyatt Hotels Co. (NYSE:H)

TT International Asset Management LTD bought a new position in Hyatt Hotels Co. (NYSE:H - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,657 shares of the company's stock, valued at approximately $5,283,000. Hyatt Hotels comprises about 0.8% of TT International Asset Management LTD's investment portfolio, making the stock its 17th biggest position.

A number of other hedge funds also recently bought and sold shares of H. Commonwealth Equity Services LLC boosted its stake in shares of Hyatt Hotels by 11.3% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,310 shares of the company's stock valued at $351,000 after purchasing an additional 235 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Hyatt Hotels by 34.9% during the 2nd quarter. Victory Capital Management Inc. now owns 25,900 shares of the company's stock worth $3,935,000 after acquiring an additional 6,697 shares during the period. Acadian Asset Management LLC bought a new position in shares of Hyatt Hotels in the 2nd quarter worth approximately $106,000. Daiwa Securities Group Inc. boosted its position in shares of Hyatt Hotels by 6.9% during the second quarter. Daiwa Securities Group Inc. now owns 3,100 shares of the company's stock valued at $471,000 after purchasing an additional 200 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale grew its stake in Hyatt Hotels by 38.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 6,104 shares of the company's stock worth $910,000 after purchasing an additional 1,711 shares during the period. Hedge funds and other institutional investors own 73.54% of the company's stock.

Insider Transactions at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the firm's 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 trade represents a 39.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 23.50% of the company's stock.

Hyatt Hotels Price Performance

Shares of H stock traded up $1.52 during mid-day trading on Monday, hitting $152.59. The company had a trading volume of 554,217 shares, compared to its average volume of 427,474. The company has a market capitalization of $14.65 billion, a P/E ratio of 11.50 and a beta of 1.48. The stock's 50 day moving average price is $156.58 and its 200-day moving average price is $151.63. Hyatt Hotels Co. has a 52-week low of $124.40 and a 52-week high of $168.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.79 and a quick ratio of 0.79.

Hyatt Hotels (NYSE:H - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.64 billion. Hyatt Hotels had a return on equity of 10.74% and a net margin of 20.55%. During the same period in the previous year, the business earned $0.70 earnings per share. Equities research analysts forecast that Hyatt Hotels Co. will post 3.89 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 22nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.39%. Hyatt Hotels's payout ratio is currently 4.52%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on H shares. Morgan Stanley lowered their price objective on Hyatt Hotels from $160.00 to $153.00 and set an "equal weight" rating for the company in a research note on Monday, November 18th. The Goldman Sachs Group increased their price objective on shares of Hyatt Hotels from $151.00 to $167.00 and gave the company a "neutral" rating in a research report on Tuesday, December 10th. StockNews.com upgraded shares of Hyatt Hotels from a "sell" rating to a "hold" rating in a research note on Monday, November 4th. Evercore ISI raised their price target on shares of Hyatt Hotels from $145.00 to $155.00 and gave the company an "in-line" rating in a research report on Monday, October 21st. Finally, HSBC downgraded Hyatt Hotels from a "buy" rating to a "hold" rating and set a $156.00 target price on the stock. in a research note on Friday, November 1st. Fifteen investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, Hyatt Hotels currently has an average rating of "Hold" and an average price target of $155.21.

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.