Hyatt Hotels Co. (NYSE:H) Stock Holdings Raised by Cerity Partners LLC

Cerity Partners LLC increased its position in Hyatt Hotels Co. (NYSE:H - Free Report) by 260.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,908 shares of the company's stock after purchasing an additional 4,267 shares during the period. Cerity Partners LLC's holdings in Hyatt Hotels were worth $924,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of H. MML Investors Services LLC raised its stake in Hyatt Hotels by 5.3% during the third quarter. MML Investors Services LLC now owns 5,249 shares of the company's stock worth $799,000 after acquiring an additional 262 shares during the period. Barclays PLC grew its stake in Hyatt Hotels by 2.3% during the 3rd quarter. Barclays PLC now owns 45,648 shares of the company's stock worth $6,946,000 after buying an additional 1,032 shares during the last quarter. Virtu Financial LLC bought a new stake in Hyatt Hotels in the third quarter valued at $1,048,000. Sanctuary Advisors LLC increased its holdings in shares of Hyatt Hotels by 30.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 5,278 shares of the company's stock worth $825,000 after acquiring an additional 1,244 shares during the period. Finally, World Investment Advisors LLC acquired a new position in Hyatt Hotels during the 3rd quarter valued at about $4,520,000. Institutional investors and hedge funds own 73.54% of the company's stock.

Hyatt Hotels Trading Up 0.2 %

Shares of NYSE:H opened at $106.19 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 12-month low of $102.43 and a 12-month high of $168.20. The firm has a fifty day moving average of $126.69 and a two-hundred day moving average of $145.67. The firm has a market capitalization of $10.21 billion, a P/E ratio of 8.54 and a beta of 1.35.

Hyatt Hotels (NYSE:H - Get Free Report) last announced its quarterly 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). Hyatt Hotels had a net margin of 19.50% and a return on equity of 9.81%. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the firm posted $0.64 EPS. On average, equities analysts expect that Hyatt Hotels Co. will post 3.05 EPS for the current fiscal 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 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 dividend yield of 0.57%. Hyatt Hotels's dividend payout ratio (DPR) is presently 4.82%.

Insider Activity at Hyatt Hotels

In related news, Director Susan D. Kronick sold 1,600 shares of the business's stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the completion of the transaction, the director now owns 37,927 shares of the company's stock, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 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. In the last ninety days, insiders have sold 12,600 shares of company stock valued at $1,517,798. Corporate insiders own 23.70% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Barclays decreased their price objective on Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a report on Friday, February 14th. Robert W. Baird reduced their price objective on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a report on Wednesday, February 19th. Mizuho dropped their price target 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. Truist Financial dropped their target price on Hyatt Hotels from $163.00 to $156.00 and set a "buy" rating on the stock in a report on Friday, March 21st. Finally, Jefferies Financial Group dropped their price objective on Hyatt Hotels from $161.00 to $120.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $155.22.

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.

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