Twin Tree Management LP Purchases 3,021 Shares of Hyatt Hotels Co. (NYSE:H)

Twin Tree Management LP boosted its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 39.3% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 10,716 shares of the company's stock after purchasing an additional 3,021 shares during the period. Twin Tree Management LP's holdings in Hyatt Hotels were worth $1,682,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Victory Capital Management Inc. boosted its position in Hyatt Hotels by 12.3% during the third quarter. Victory Capital Management Inc. now owns 29,076 shares of the company's stock worth $4,425,000 after purchasing an additional 3,176 shares during the period. Natixis Advisors LLC boosted its holdings in shares of Hyatt Hotels by 14.0% during the 3rd quarter. Natixis Advisors LLC now owns 13,982 shares of the company's stock worth $2,128,000 after buying an additional 1,720 shares during the period. Swiss National Bank grew its stake in Hyatt Hotels by 0.6% in the 3rd quarter. Swiss National Bank now owns 134,000 shares of the company's stock valued at $20,395,000 after buying an additional 800 shares during the last quarter. 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 valued at $220,000 after buying an additional 1,320 shares during the last quarter. Finally, SouthState Corp raised its holdings in Hyatt Hotels by 14.2% in the 3rd quarter. SouthState Corp now owns 27,092 shares of the company's stock valued at $4,123,000 after acquiring an additional 3,364 shares during the period. Institutional investors own 73.54% of the company's stock.

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Analysts Set New Price Targets

H has been the topic of several research reports. Wells Fargo & Company decreased their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 4th. Barclays lowered their price objective 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. Mizuho reduced their target price on shares of Hyatt Hotels from $207.00 to $201.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. Morgan Stanley lowered their price target on shares of Hyatt Hotels from $157.00 to $144.00 and set an "equal weight" rating on the stock in a research report on Tuesday, March 4th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a research note on Friday, December 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $161.97.

Insider Activity at Hyatt Hotels

In related news, insider Mark R. Vondrasek sold 10,000 shares of the firm'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 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. This trade represents a 51.71 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $122.95, for a total transaction of $122,950.00. Following the sale, the insider now directly owns 811 shares in the company, valued at $99,712.45. The trade was a 55.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,600 shares of company stock valued at $1,517,798 in the last 90 days. 23.50% of the stock is owned by corporate insiders.

Hyatt Hotels Price Performance

Hyatt Hotels stock traded down $2.24 during midday trading on Friday, reaching $121.68. The company's stock had a trading volume of 1,517,889 shares, compared to its average volume of 582,682. 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 stock has a market cap of $11.70 billion, a PE ratio of 9.78 and a beta of 1.51. Hyatt Hotels Co. has a 52 week low of $116.13 and a 52 week high of $168.20. The business has a 50-day moving average price of $145.42 and a 200-day moving average price of $150.99.

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 the consensus estimate of $0.64 by ($0.22). The company 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 period last year, the firm posted $0.64 earnings per share. On average, sell-side analysts predict that Hyatt Hotels Co. will post 3.05 EPS for the current year.

Hyatt Hotels Dividend Announcement

The company 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 0.49%. The ex-dividend date was Friday, February 28th. Hyatt Hotels's payout ratio is 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.