Artemis Investment Management LLP Has $40.46 Million Stock Holdings in Hyatt Hotels Co. (NYSE:H)

Artemis Investment Management LLP grew its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 257,753 shares of the company's stock after acquiring an additional 9,345 shares during the quarter. Artemis Investment Management LLP owned 0.27% of Hyatt Hotels worth $40,462,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Livforsakringsbolaget Skandia Omsesidigt bought a new position in shares of Hyatt Hotels during the 3rd quarter worth approximately $30,000. Versant Capital Management Inc boosted its stake in shares of Hyatt Hotels by 583.3% in 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. Blue Trust Inc. increased its position in shares of Hyatt Hotels by 190.2% during the 3rd quarter. Blue Trust Inc. now owns 325 shares of the company's stock worth $49,000 after purchasing an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in Hyatt Hotels by 1,107.1% during the second quarter. EverSource Wealth Advisors LLC now owns 338 shares of the company's stock worth $50,000 after buying an additional 310 shares during the last quarter. Finally, iA Global Asset Management Inc. bought a new stake in Hyatt Hotels during the 3rd quarter worth approximately $51,000. Institutional investors and hedge funds own 73.54% of the company's stock.

Insider Buying and Selling at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 3,776 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the sale, the insider now owns 5,798 shares of the company's stock, valued at $927,622.02. This trade represents a 39.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 23.50% of the company's stock.

Hyatt Hotels Price Performance

H traded up $1.21 during trading on Monday, hitting $156.18. 360,179 shares of the stock traded hands, compared to its average volume of 406,768. The business has a 50 day moving average price of $156.88 and a 200 day moving average price of $151.78. The company has a market cap of $15.00 billion, a price-to-earnings ratio of 11.77 and a beta of 1.48. Hyatt Hotels Co. has a twelve month low of $125.44 and a twelve month 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 released its quarterly earnings data 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 net margin of 20.55% and a return on equity of 10.74%. The business had revenue of $1.63 billion during the quarter, compared to analysts' expectations of $1.64 billion. During the same period in the prior year, the company earned $0.70 EPS. Equities research analysts forecast that Hyatt Hotels Co. will post 3.82 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given 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 0.38%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.52%.

Analyst Ratings Changes

A number of analysts recently weighed in on H shares. Wells Fargo & Company lowered their price target on shares of Hyatt Hotels from $178.00 to $172.00 and set an "overweight" rating for the company in a report on Friday, November 1st. Barclays increased their price objective on shares of Hyatt Hotels from $144.00 to $161.00 and gave the company an "equal weight" rating in a report on Friday, December 13th. Truist Financial lowered their target price on shares of Hyatt Hotels from $169.00 to $158.00 and set a "buy" rating for the company in a report on Friday, November 1st. Cfra set a $155.00 price target on Hyatt Hotels in a research note on Thursday, October 17th. Finally, Bank of America lifted 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. Fourteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $156.48.

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.