SG Americas Securities LLC Buys 4,228 Shares of Hyatt Hotels Co. (NYSE:H)

SG Americas Securities LLC increased its position in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 474.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,120 shares of the company's stock after acquiring an additional 4,228 shares during the quarter. SG Americas Securities LLC's holdings in Hyatt Hotels were worth $804,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Icon Wealth Advisors LLC grew its holdings in shares of Hyatt Hotels by 17,641.6% during the 3rd quarter. Icon Wealth Advisors LLC now owns 131,465 shares of the company's stock valued at $20,009,000 after acquiring an additional 130,724 shares in the last quarter. Millennium Management LLC lifted its stake in Hyatt Hotels by 700.5% in the second quarter. Millennium Management LLC now owns 122,746 shares of the company's stock valued at $18,648,000 after acquiring an additional 107,412 shares during the last quarter. Bamco Inc. NY grew its position in Hyatt Hotels by 1.3% in the third quarter. Bamco Inc. NY now owns 5,483,404 shares of the company's stock worth $834,574,000 after acquiring an additional 68,608 shares in the last quarter. Worldquant Millennium Advisors LLC increased its stake in shares of Hyatt Hotels by 87.2% during the 3rd quarter. Worldquant Millennium Advisors LLC now owns 140,805 shares of the company's stock worth $21,431,000 after purchasing an additional 65,577 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in shares of Hyatt Hotels by 3.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,755,535 shares of the company's stock valued at $267,192,000 after purchasing an additional 56,082 shares in the last quarter. 73.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on H. StockNews.com upgraded shares of Hyatt Hotels from a "sell" rating to a "hold" rating in a research note on Monday, November 4th. Truist Financial dropped their target price on Hyatt Hotels from $169.00 to $158.00 and set a "buy" rating for the company in a report on Friday, November 1st. Stifel Nicolaus lifted their price target on shares of 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 on the stock in a research report on Friday, November 1st. Finally, Barclays increased their price objective on Hyatt Hotels from $144.00 to $161.00 and gave the company an "equal weight" rating in a research report on Friday, December 13th. Fourteen research 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 stock currently has an average rating of "Hold" and a consensus target price of $156.48.

Hyatt Hotels Stock Up 1.1 %

H traded up $1.68 during trading on Thursday, reaching $159.13. The company had a trading volume of 427,778 shares, compared to its average volume of 416,735. The business's fifty day moving average price is $156.94 and its 200 day moving average price is $152.07. 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 Co. has a 12 month low of $125.44 and a 12 month high of $168.20. The company has a market cap of $15.28 billion, a P/E ratio of 11.99 and a beta of 1.48.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its earnings results on Thursday, October 31st. The company reported $0.94 earnings per share for the quarter, topping analysts' consensus estimates of $0.90 by $0.04. The firm had revenue of $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion. Hyatt Hotels had a net margin of 20.55% and a return on equity of 10.74%. During the same period in the prior year, the business earned $0.70 EPS. Equities analysts anticipate that Hyatt Hotels Co. will post 3.8 EPS for the current year.

Insider Activity

In other Hyatt Hotels news, insider Mark R. Vondrasek sold 3,776 shares of Hyatt Hotels stock in a transaction on Monday, November 25th. The shares were sold at an average price of $159.99, for a total value of $604,122.24. Following the sale, the insider now directly owns 5,798 shares in the company, valued at approximately $927,622.02. The trade was a 39.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 23.50% of the company's stock.

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.