Hyatt Hotels Co. (NYSE:H) Shares Purchased by Barclays PLC

Barclays PLC grew its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 27.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,026 shares of the company's stock after buying an additional 12,378 shares during the quarter. Barclays PLC owned about 0.06% of Hyatt Hotels worth $9,109,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in H. TT International Asset Management LTD bought a new stake in Hyatt Hotels in the fourth quarter worth about $5,283,000. World Investment Advisors LLC acquired a new position in shares of Hyatt Hotels in the 3rd quarter worth approximately $4,520,000. GAMMA Investing LLC raised its holdings in shares of Hyatt Hotels by 17.2% in the 4th quarter. GAMMA Investing LLC now owns 1,056 shares of the company's stock worth $166,000 after purchasing an additional 155 shares in the last quarter. Versant Capital Management Inc lifted its stake in Hyatt Hotels by 583.3% during the fourth quarter. Versant Capital Management Inc now owns 205 shares of the company's stock valued at $32,000 after purchasing an additional 175 shares during the last quarter. Finally, Truist Financial Corp bought a new stake in Hyatt Hotels during the fourth quarter worth approximately $307,000. 73.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Hyatt Hotels news, insider Kinsey Wolf sold 1,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $122.95, for a total transaction of $122,950.00. Following the completion of the transaction, the insider now owns 811 shares of the company's stock, valued at $99,712.45. The trade was a 55.22 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the insider now directly owns 9,337 shares in the company, valued at $1,090,561.60. This trade represents a 51.71 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,600 shares of company stock valued at $1,517,798 over the last quarter. Insiders own 23.70% of the company's stock.

Hyatt Hotels Trading Up 2.9 %

Shares of NYSE H opened at $107.28 on Wednesday. The business has a 50 day simple moving average of $124.74 and a 200 day simple moving average of $145.03. Hyatt Hotels Co. has a 52 week low of $102.43 and a 52 week high of $168.20. The stock has a market cap of $10.32 billion, a price-to-earnings ratio of 8.62 and a beta of 1.35. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.83 and a current ratio of 0.83.

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

Hyatt Hotels Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Shareholders of record on Friday, February 28th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 0.56%. Hyatt Hotels's dividend payout ratio (DPR) is currently 4.82%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on H shares. Robert W. Baird cut their price objective on Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research report on Wednesday, February 19th. Susquehanna increased their price target on Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday, February 25th. Barclays dropped their price target on Hyatt Hotels from $151.00 to $122.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Wells Fargo & Company reduced their price objective on shares of 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, Evercore ISI raised shares of Hyatt Hotels from an "in-line" rating to an "outperform" rating and set a $175.00 target price on the stock in a research report on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $151.83.

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.

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