Andra AP fonden Has $6.23 Million Holdings in Hyatt Hotels Co. (NYSE:H)

Andra AP fonden boosted its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 428.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 39,700 shares of the company's stock after buying an additional 32,189 shares during the quarter. Andra AP fonden's holdings in Hyatt Hotels were worth $6,232,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Hyatt Hotels in the 4th quarter valued at $77,136,000. Icon Wealth Advisors LLC boosted its position in shares of Hyatt Hotels by 17,641.6% in the 3rd quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company's stock valued at $20,009,000 after purchasing an additional 130,724 shares during the period. KBC Group NV boosted its position in shares of Hyatt Hotels by 978.3% in the 4th quarter. KBC Group NV now owns 108,966 shares of the company's stock valued at $17,106,000 after purchasing an additional 98,861 shares during the period. Bamco Inc. NY boosted its position in shares of Hyatt Hotels by 1.3% in the 3rd quarter. Bamco Inc. NY now owns 5,483,404 shares of the company's stock valued at $834,574,000 after purchasing an additional 68,608 shares during the period. Finally, Worldquant Millennium Advisors LLC boosted its position in shares of Hyatt Hotels by 87.2% in the 3rd quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company's stock valued at $21,431,000 after purchasing an additional 65,577 shares during the period. Institutional investors own 73.54% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on H. JPMorgan Chase & Co. increased their price target on Hyatt Hotels from $163.00 to $168.00 and gave the company an "overweight" rating in a research report on Friday, December 13th. StockNews.com downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Susquehanna increased their price objective on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 25th. Stifel Nicolaus increased their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a research note on Tuesday, November 26th. Finally, Robert W. Baird reduced their price objective on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $162.24.

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Hyatt Hotels Stock Performance

Shares of H stock traded down $2.51 during trading on Tuesday, reaching $127.20. The company had a trading volume of 1,355,604 shares, compared to its average volume of 735,348. The firm's 50 day simple moving average is $150.32 and its two-hundred day simple moving average is $152.46. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.83 and a quick ratio of 0.83. Hyatt Hotels Co. has a one year low of $124.12 and a one year high of $168.20. The company has a market capitalization of $12.23 billion, a PE ratio of 10.22 and a beta of 1.51.

Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.42 earnings per share 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 company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the business posted $0.64 earnings per share. Sell-side analysts forecast that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date is Friday, February 28th. Hyatt Hotels's dividend payout ratio (DPR) is currently 4.82%.

Insider Buying and Selling at Hyatt Hotels

In other Hyatt Hotels news, Director Susan D. Kronick sold 1,600 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total value of $226,848.00. Following the sale, the director now owns 37,927 shares of the company's stock, valued at $5,377,290.06. This trade represents a 4.05 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 23.50% of the company's stock.

Hyatt Hotels 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.