Hyatt Hotels Co. (NYSE:H) Shares Sold by Aviva PLC

Aviva PLC trimmed its stake in Hyatt Hotels Co. (NYSE:H - Free Report) by 72.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 25,696 shares of the company's stock after selling 66,360 shares during the quarter. Aviva PLC's holdings in Hyatt Hotels were worth $4,034,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock worth $114,214,000 after acquiring an additional 7,440 shares during the period. TT International Asset Management LTD acquired a new stake in shares of Hyatt Hotels during the 4th quarter worth approximately $5,283,000. World Investment Advisors LLC bought a new position in Hyatt Hotels during the third quarter worth about $4,520,000. Versant Capital Management Inc increased its position in shares of Hyatt Hotels by 583.3% during the 4th quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after purchasing an additional 175 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in Hyatt Hotels by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company's stock valued at $166,000 after purchasing an additional 155 shares during the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Hyatt Hotels Stock Performance

Shares of H traded down $0.06 during mid-day trading on Tuesday, hitting $109.01. 112,516 shares of the company traded hands, compared to its average volume of 631,692. The stock has a market cap of $10.48 billion, a price-to-earnings ratio of 8.76 and a beta of 1.35. Hyatt Hotels Co. has a 1 year low of $102.43 and a 1 year high of $168.20. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a 50-day moving average price of $131.17 and a two-hundred day moving average price of $146.86.

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Hyatt Hotels (NYSE:H - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.22). The firm had revenue of $1.60 billion for the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same period in the prior year, the firm earned $0.64 EPS. Equities analysts anticipate that Hyatt Hotels Co. will post 3.05 earnings per share for the current year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Investors of record on Friday, February 28th were given a $0.15 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.55%. Hyatt Hotels's dividend payout ratio is currently 4.82%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Mizuho cut their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research report on Friday, February 14th. StockNews.com downgraded Hyatt Hotels from a "hold" rating to a "sell" rating in a report on Monday, February 17th. Truist Financial reduced their target price on shares of Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating for the company in a report on Friday, March 21st. Wells Fargo & Company cut their price target on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research note on Tuesday, February 4th. Finally, Barclays decreased their target price on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating on the stock in a research report on Friday, February 14th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $156.64.

Insider Buying and Selling

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 10,000 shares of the company's stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $116.80, for a total transaction of $1,168,000.00. Following the transaction, the insider now owns 9,337 shares in the company, valued at approximately $1,090,561.60. This represents a 51.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kinsey Wolf sold 1,000 shares of Hyatt Hotels stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total value of $122,950.00. Following the sale, the insider now directly owns 811 shares of the company's stock, valued at approximately $99,712.45. This represents a 55.22 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,600 shares of company stock worth $1,517,798 over the last three months. 23.50% of the stock is owned by insiders.

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.