Wells Fargo & Company MN Buys 4,055 Shares of Hyatt Hotels Co. (NYSE:H)

Wells Fargo & Company MN increased its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 2.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 176,645 shares of the company's stock after acquiring an additional 4,055 shares during the period. Wells Fargo & Company MN owned approximately 0.18% of Hyatt Hotels worth $27,730,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of H. Versant Capital Management Inc raised its holdings in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock worth $32,000 after purchasing an additional 175 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock worth $33,000 after buying an additional 104 shares during the last quarter. Venturi Wealth Management LLC boosted its position in shares of Hyatt Hotels by 750.0% in the 4th quarter. Venturi Wealth Management LLC now owns 340 shares of the company's stock worth $53,000 after buying an additional 300 shares in the last quarter. Fifth Third Bancorp grew its stake in Hyatt Hotels by 31.9% in the 4th quarter. Fifth Third Bancorp now owns 467 shares of the company's stock valued at $73,000 after acquiring an additional 113 shares during the last quarter. Finally, Blue Trust Inc. increased its holdings in Hyatt Hotels by 78.8% during the 4th quarter. Blue Trust Inc. now owns 581 shares of the company's stock valued at $88,000 after acquiring an additional 256 shares in the last quarter. Hedge funds and other institutional investors own 73.54% of the company's stock.

Hyatt Hotels Stock Down 0.2 %

H stock traded down $0.27 during midday trading on Thursday, hitting $105.75. 154,119 shares of the company's stock were exchanged, compared to its average volume of 635,263. 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 firm has a 50 day moving average price of $128.85 and a 200-day moving average price of $146.32. The stock has a market capitalization of $10.17 billion, a price-to-earnings ratio of 8.51 and a beta of 1.35. Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.20.

Hyatt Hotels (NYSE:H - Get Free Report) last released its 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 business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.63 billion. Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. During the same quarter in the previous year, the firm earned $0.64 EPS. On average, analysts anticipate that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's dividend payout ratio is currently 4.82%.

Wall Street Analysts Forecast Growth

H has been the topic of several recent research reports. Robert W. Baird reduced their price target on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating on the stock in a report on Wednesday, February 19th. Mizuho reduced their target price on Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating on the stock in a research note on Friday, February 14th. Susquehanna increased their target price on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a report on Tuesday, February 25th. Morgan Stanley cut their price target on Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating for the company in a report on Tuesday, March 4th. Finally, The Goldman Sachs Group reiterated a "sell" rating and set a $110.00 price objective (down previously from $150.00) on shares of Hyatt Hotels in a research report on Monday. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Hyatt Hotels presently has a consensus rating of "Hold" and an average target price of $155.22.

Insiders Place Their Bets

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