Healthcare of Ontario Pension Plan Trust Fund Buys 16,700 Shares of Hyatt Hotels Co. (NYSE:H)

Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 2,087.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 17,500 shares of the company's stock after purchasing an additional 16,700 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund's holdings in Hyatt Hotels were worth $2,664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in H. LRI Investments LLC bought a new position in Hyatt Hotels during the first quarter worth about $26,000. GAMMA Investing LLC boosted its stake in Hyatt Hotels by 17.6% during the 2nd quarter. GAMMA Investing LLC now owns 767 shares of the company's stock worth $117,000 after acquiring an additional 115 shares during the last quarter. DNB Asset Management AS grew its holdings in Hyatt Hotels by 4.4% during the second quarter. DNB Asset Management AS now owns 6,651 shares of the company's stock valued at $1,010,000 after purchasing an additional 278 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Hyatt Hotels in the second quarter valued at approximately $56,000. Finally, New England Research & Management Inc. boosted its position in shares of Hyatt Hotels by 17.8% during the second quarter. New England Research & Management Inc. now owns 4,625 shares of the company's stock worth $703,000 after purchasing an additional 700 shares in the last quarter. 71.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of the firm's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $159.99, for a total transaction of $604,122.24. Following the completion of the transaction, the insider now owns 5,798 shares in the company, valued at approximately $927,622.02. This trade represents a 39.44 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 23.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

H has been the topic of several recent analyst reports. Stifel Nicolaus lifted their price objective on Hyatt Hotels from $145.50 to $157.50 and gave the company a "hold" rating in a report on Tuesday, November 26th. Macquarie reduced their price target on shares of Hyatt Hotels from $165.00 to $164.00 and set an "outperform" rating for the company in a report on Friday, November 1st. Barclays cut their price objective on shares of Hyatt Hotels from $151.00 to $144.00 and set an "equal weight" rating on the stock in a research report on Friday, November 1st. Morgan Stanley dropped their price target on Hyatt Hotels from $160.00 to $153.00 and set an "equal weight" rating on the stock in a research note on Monday, November 18th. Finally, Cfra set a $155.00 price objective on Hyatt Hotels in a research report on Thursday, October 17th. Fifteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $151.88.

Hyatt Hotels Price Performance

Shares of H stock traded up $1.83 on Friday, reaching $157.94. The company had a trading volume of 185,163 shares, compared to its average volume of 516,807. The stock has a market capitalization of $15.17 billion, a PE ratio of 11.90 and a beta of 1.50. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.73. The business's 50-day moving average is $153.60 and its 200 day moving average is $149.57. Hyatt Hotels Co. has a one year low of $112.85 and a one year high of $162.24.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.94 EPS for the quarter, beating analysts' consensus estimates of $0.90 by $0.04. The company had revenue of $1.63 billion during the quarter, compared to analysts' expectations 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 prior year, the company earned $0.70 EPS. Equities research analysts forecast that Hyatt Hotels Co. will post 3.89 EPS for the current fiscal year.

Hyatt Hotels Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is 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%.

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.