ING Groep NV Has $10.05 Million Stock Position in Hyatt Hotels Co. (NYSE:H)

ING Groep NV raised its holdings in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 233.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,000 shares of the company's stock after buying an additional 44,800 shares during the period. ING Groep NV owned about 0.07% of Hyatt Hotels worth $10,047,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Geode Capital Management LLC increased its stake in Hyatt Hotels by 1.0% during the 3rd quarter. Geode Capital Management LLC now owns 752,105 shares of the company's stock worth $114,214,000 after buying an additional 7,440 shares during the period. TT International Asset Management LTD acquired a new position in shares of Hyatt Hotels during the fourth quarter worth approximately $5,283,000. Assetmark Inc. grew its position in Hyatt Hotels by 162.2% in the 3rd quarter. Assetmark Inc. now owns 49,041 shares of the company's stock valued at $7,464,000 after buying an additional 30,339 shares in the last quarter. Bamco Inc. NY raised 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. Finally, Icon Wealth Advisors LLC lifted its position 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 during the last quarter. 73.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on H shares. Stifel Nicolaus lifted their target price on shares of Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a research report on Tuesday, November 26th. StockNews.com lowered Hyatt Hotels from a "hold" rating to a "sell" rating in a research report on Monday, February 17th. Barclays reduced their price target on shares of Hyatt Hotels from $162.00 to $151.00 and set an "equal weight" rating for the company in a research report on Friday, February 14th. Susquehanna boosted their price objective on shares of Hyatt Hotels from $150.00 to $155.00 and gave the company a "neutral" rating in a research report on Tuesday. Finally, Robert W. Baird decreased their target price on shares of Hyatt Hotels from $158.00 to $156.00 and set a "neutral" rating for the company in a research note on Wednesday, February 19th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, Hyatt Hotels currently has an average rating of "Hold" and an average price target of $162.55.

Hyatt Hotels Trading Down 0.2 %

H stock traded down $0.29 during midday trading on Tuesday, reaching $137.72. The stock had a trading volume of 319,604 shares, compared to its average volume of 681,597. The firm has a market cap of $13.24 billion, a price-to-earnings ratio of 11.07 and a beta of 1.48. 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 twelve month low of $128.91 and a twelve month high of $168.20. The business has a fifty day simple moving average of $154.82 and a two-hundred day simple moving average of $152.82.

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

Hyatt Hotels Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.44%. Hyatt Hotels's dividend 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.