EntryPoint Capital LLC Purchases New Holdings in Hyatt Hotels Co. (NYSE:H)

EntryPoint Capital LLC acquired a new stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,940 shares of the company's stock, valued at approximately $462,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Quest Partners LLC grew its stake in Hyatt Hotels by 1,073.2% in the 3rd quarter. Quest Partners LLC now owns 1,443 shares of the company's stock worth $220,000 after acquiring an additional 1,320 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Hyatt Hotels by 6.8% in the third quarter. Advisors Asset Management Inc. now owns 4,070 shares of the company's stock worth $619,000 after purchasing an additional 260 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Hyatt Hotels by 12.9% during the 3rd quarter. Daiwa Securities Group Inc. now owns 3,500 shares of the company's stock worth $533,000 after purchasing an additional 400 shares during the period. Loomis Sayles & Co. L P raised its position in Hyatt Hotels by 26.5% during the 3rd quarter. Loomis Sayles & Co. L P now owns 3,116 shares of the company's stock valued at $474,000 after purchasing an additional 653 shares in the last quarter. Finally, Quantbot Technologies LP lifted its holdings in shares of Hyatt Hotels by 160.6% in the 3rd quarter. Quantbot Technologies LP now owns 35,933 shares of the company's stock worth $5,469,000 after buying an additional 22,147 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, Director Susan D. Kronick sold 1,600 shares of the business's stock in a transaction that occurred 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 directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Mark R. Vondrasek sold 10,000 shares of Hyatt Hotels stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.80, for a total value of $1,168,000.00. Following the completion of the transaction, the insider now owns 9,337 shares in the company, valued at $1,090,561.60. The trade was a 51.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,600 shares of company stock worth $1,517,798. Insiders own 23.50% of the company's stock.

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Wall Street Analyst Weigh In

Several research firms recently weighed in on H. StockNews.com lowered shares of Hyatt Hotels from a "hold" rating to a "sell" rating in a research note on Monday, February 17th. Evercore ISI upgraded shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 price objective on the stock in a research note on Wednesday, March 5th. Barclays lowered their target price on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. Susquehanna boosted their price target on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. Finally, Jefferies Financial Group lifted their target price on 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, ten have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $161.97.

Hyatt Hotels Trading Down 2.6 %

NYSE:H traded down $3.20 during trading hours on Friday, hitting $121.50. The company had a trading volume of 914,633 shares, compared to its average volume of 604,372. 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 company has a 50-day moving average of $142.39 and a 200 day moving average of $150.25. Hyatt Hotels Co. has a 1 year low of $116.13 and a 1 year high of $168.20. The company has a market cap of $11.68 billion, a P/E ratio of 9.77 and a beta of 1.51.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings results 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 return on equity of 9.81% and a net margin of 19.50%. The business had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. During the same period last year, the firm earned $0.64 earnings per share. Sell-side analysts expect that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 0.49%. Hyatt Hotels's dividend payout ratio is presently 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.